Banking Supervision And The Collapse Of Bcci

EDM number 39 in 1997-98, proposed by Keith Vaz on 21/05/1997.

That this House welcomes the decision of the Chancellor of the Exchequer to remove banking supervision from the remit of the Bank of England; notes that the shortcomings in the Bank's supervisory policy led to the collapse of the Bank of Credit and Commerce International and the loss of assets for thousands of victims; congratulates the Chancellor of the Exchequer on accepting the spirit of the recommendations of the Bingham Report; and calls on the Governor of the Bank of England, who, as Deputy Governor at the time of the closure of BCCI was responsible for supervision, to apologise to the victims for the lack of proper supervision by the Bank of England of BCCI.

This motion has been signed by a total of 27 MPs.

MP	Date	Constituency	Party	Type
Keith Vaz	21/05/1997	Leicester East	Labour	Proposed
David Taylor	22/05/1997	North West Leicestershire	Labour Co-operative	Signed
Harry Barnes	22/05/1997	North East Derbyshire	Labour	Signed
John Gunnell	22/05/1997	Morley & Rothwell	Labour	Signed
Lawrence Cunliffe	22/05/1997	Leigh	Labour	Signed
Tom Cox	22/05/1997	Tooting	Labour	Signed
Richard Burden	22/05/1997	Birmingham, Northfield	Labour	Signed
Ken Livingstone	22/05/1997	Brent East	Labour	Signed
Rachel Squire	22/05/1997	Dunfermline West	Labour	Signed
Ernie Ross	22/05/1997	Dundee West	Labour	Signed
John Austin	02/06/1997	Erith & Thamesmead	Labour	Signed
Diane Abbott	03/06/1997	Hackney North & Stoke Newington	Labour	Signed
Ian Davidson	03/06/1997	Glasgow, Pollok	Labour Co-operative	Signed
Harry Cohen	03/06/1997	Leyton & Wanstead	Labour	Signed
Alice Mahon	03/06/1997	Halifax	Labour	Signed
Audrey Wise	04/06/1997	Preston	Labour	Signed
Jim Dobbin	04/06/1997	Heywood & Middleton	Labour Co-operative	Signed
John McDonnell	04/06/1997	Hayes & Harlington	Labour	Signed
John McAllion	04/06/1997	Dundee East	Labour	Signed
Kelvin Hopkins	04/06/1997	Luton North	Labour	Signed
Alan Simpson	04/06/1997	Nottingham South	Labour	Signed
David Chaytor	05/06/1997	Bury North	Labour	Signed
Dennis Turner	05/06/1997	Wolverhampton South East	Labour Co-operative	Signed
Martyn Jones	06/06/1997	Clwyd South	Labour	Signed
Huw Edwards	06/06/1997	Monmouth	Labour	Signed
Paul Flynn	06/06/1997	Newport West	Labour	Signed
Eric Illsley	10/06/1997	Barnsley Central	Labour	Signed

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