Financial Conduct Authority

EDM number 164 in 2012-13, proposed by Alan Meale on 11/06/2012.
Categorised under the topics of Financial institutions and Financial services.

That this House is aware that the Financial Services Bill will change how in future the financial services industry is regulated in the UK; believes it is therefore very important that its new regulatory body, the Financial Conduct Authority, should be strong, open and proactive; recalls that the Milo image adopted by the consumers' organisation, Which? as part of its Watchdog, not Lapdog campaign in support of such a role for any justice regulator, defeated 200 other concepts in the contest to become the face of such a service; and is therefore confident that the Milo concept represents the necessary attributes of strength, openness and proactively delivering the ingredients to meet the industry's requirements in full.

This motion has been signed by a total of 13 MPs.