The UK parliament's Treasury Select Committee has approved the appointment of Lord Turner of Ecchinswell as Chairman of the Financial Services Authority (FSA), and the appointment of Charlie Bean as Deputy Governor of the Bank of England.
The two key regulatory appointments were rubber stamped by the committee at its meeting on Wednesday, when it agreed its Fourteenth and Fifteenth Reports of Session 2007–08.Following the Committee's meeting to adopt the Reports, the Chairman of the Committee, John McFall MP, commented:
“In order to avoid market uncertainty, I am announcing today with the Treasury Committee’s agreement that the Reports to be published next week unanimously endorse the appointments of Lord Turner as Chairman of the FSA and of Charlie Bean as Deputy Governor of the Bank of England.”
The Committee’s Reports will be published on Thursday 10 July.
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