Jul 19
Tories to outline banking reform By Robert Peston BBC business editor The Conservatives are to outline their plan to hand over regulation of the banking sector to the Bank of England.On Monday they will publish a 52-page “plan for sound banking”, seen by the BBC, which proposes the Bank creates a Financial Regulation Division. This would strip the current watchdog, the Financial Services Authority (FSA), of its key function and relaunch it as the Consumer Protection Agency. The plan differs shar
