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British Bankers' Association: A new era for banking - BBA welcomes Financial Services Bill

( January 27, 2012, 17:14 GMT | Official Statement) -- MLex Summary: The British Bankers' association has said that  UK crisis management rules must dovetail with EU law, It welcomed the UK government's Financial Services Bill, which gives the chancellor the exchequer powers over the Bank of England when taxpayers' money is at risk (here) but called for the scope of times when the minister becomes involved to include when the central bank might trigger the Special Resolution Regime.Full press release follows below...

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