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Barings And The Bank Of England

EDM number 725 in 1994-95, proposed by Alistair Darling on 02/03/1995.

That this House believes that the collapse of Barings Bank cannot be dismissed as the result of actions of one individual dealer; calls for an independent inquiry to examine the failure of Barings Bank to operate an effective system of internal controls, and the apparent failure of the Bank of England, as supervisor, to ensure that adequate systems were operating effectively; recognises the public interest in efficient supervision and safeguards; calls for such an inquiry to examine why the information relating to Barings' position, which was freely available in Singapore and the Far East, should have escaped the attention of either Barings or the Bank of England; and further calls on the Bank of England to urgently examine the supervisory requirements it now imposes on the banking system.

This motion has been signed by a total of 76 MPs.

MPDateConstituencyPartyType
Alistair Darling02/03/1995Edinburgh CentralProposed
Mike O'Brien02/03/1995North WarwickshireSigned
James Wray02/03/1995Glasgow ProvanSigned
Brian Wilson02/03/1995Cunninghame NorthSigned
Stephen Timms02/03/1995Newham North EastSigned
Gerry Sutcliffe02/03/1995Bradford SouthSigned
Hilary Armstrong02/03/1995North West DurhamSigned
Eric Clarke02/03/1995MidlothianSigned
Bill Olner02/03/1995NuneatonSigned
Alan Milburn02/03/1995DarlingtonSigned
Helen Liddell02/03/1995Monklands EastSigned
Kevin Hughes02/03/1995Doncaster NorthSigned
Geoff Hoon02/03/1995AshfieldSigned
Margaret Hodge02/03/1995BarkingSigned
Andrew Smith02/03/1995Oxford EastSigned
Dawn Primarolo02/03/1995Bristol SouthSigned
Ian Pearson02/03/1995Dudley WestSigned
Denis MacShane02/03/1995RotherhamSigned
John McAllion03/03/1995Dundee EastSigned
John Battle03/03/1995Leeds WestSigned
Jimmy Dunnachie03/03/1995Glasgow, PollokSigned
Jim Dowd03/03/1995Lewisham WestSigned
Bill Michie03/03/1995Sheffield, HeeleySigned
Alan Meale03/03/1995MansfieldSigned
William McKelvey03/03/1995Kilmarnock & LoudounSigned
Lynne Jones03/03/1995Birmingham, Selly OakSigned
John Hutton03/03/1995Barrow & FurnessSigned
Keith Hill03/03/1995StreathamSigned
Ernie Ross03/03/1995Dundee WestSigned
Paddy Tipping06/03/1995SherwoodSigned
Harry Barnes06/03/1995North East DerbyshireSigned
Tony Banks06/03/1995Newham North WestSigned
John Evans06/03/1995St Helens NorthSigned
Angela Eagle06/03/1995WallaseySigned
Terry Davis06/03/1995Birmingham, Hodge HillSigned
Elfyn Llwyd06/03/1995Meirionnydd Nant ConwySigned
Piara S Khabra06/03/1995Ealing, SouthallSigned
Peter Hardy06/03/1995WentworthSigned
Barbara Roche06/03/1995Hornsey & Wood GreenSigned
Bridget Prentice06/03/1995Lewisham EastSigned
Andrew Miller06/03/1995Ellesmere Port & NestonSigned
Keith Bradley07/03/1995Manchester, WithingtonSigned
Mike Watson07/03/1995Glasgow CentralSigned
Robert Wareing07/03/1995Liverpool, West DerbySigned
Hugh Bayley07/03/1995York, City ofSigned
Peter Hain07/03/1995NeathSigned
Jean Corston07/03/1995Bristol EastSigned
Michael Clapham07/03/1995Barnsley West & PenistoneSigned
Malcolm Chisholm07/03/1995Edinburgh LeithSigned
Ian McCartney07/03/1995MakerfieldSigned
Jon Owen Jones07/03/1995Cardiff CentralSigned
Barry Jones07/03/1995Alyn & DeesideSigned
Roy Hughes07/03/1995Newport EastSigned
Terry Patchett07/03/1995Barnsley EastSigned
David Hanson07/03/1995DelynSigned
Robert Parry08/03/1995Liverpool, RiversideSigned
David Winnick08/03/1995Walsall NorthSigned
Dennis Turner08/03/1995Wolverhampton South EastSigned
Mike Hall08/03/1995Warrington SouthSigned
Jeremy Corbyn08/03/1995Islington NorthSigned
Edward O'Hara08/03/1995Knowsley SouthSigned
John Cummings08/03/1995EasingtonSigned
Alan Simpson09/03/1995Nottingham SouthSigned
Joe Benton09/03/1995BootleSigned
Anne Campbell13/03/1995CambridgeSigned
Audrey Wise13/03/1995PrestonSigned
Martyn Jones21/03/1995Clwyd South WestSigned
Ken Livingstone22/03/1995Brent EastSigned
Harry Cohen23/03/1995LeytonSigned
Win Griffiths23/03/1995BridgendSigned
Alan Williams23/03/1995Swansea WestSigned
Janet Anderson27/03/1995Rossendale & DarwenSigned
Andrew Faulds28/03/1995Warley EastSigned
Jamie Cann30/03/1995IpswichSigned
Judith Church03/04/1995DagenhamSigned
Nigel Jones16/05/1995CheltenhamSigned

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