Financial Policy Committee
The Financial Policy Committee (FPC) is an official committee of the Bank of England, modelled on the already well established Monetary Policy Committee. It was announced in 2010 as a new body responsible for monitoring the economy of the United Kingdom. Focusing on the macro-economic and financial issues that may threaten long term growth prospects, it was expected to be officially set out in legislation during 2012. Although early plans were for the interim (pre-legislation) FPC to meet in late 2010, the committee's first meeting was held in June 2011. As of March 2012, the FPC is expected to take over operational responsibility for managing the financial sector from the Financial Services Authority with legislation planned for 2013.
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2019 New Year HonoursAnil KashyapEuropean debt crisis contagionFPCFinancial Conduct AuthorityFinancial Services Act 2012Financial Services AuthorityHelp to BuyJon CunliffeList of financial regulatory authorities by countryMartin Taylor (businessman)Mervyn King, Baron King of LothburyMichael CohrsMonetary Policy Committee (United Kingdom)Paul Tucker (banker)Prudential Regulation Authority (United Kingdom)Richard Sharp (BBC chairman)Spencer Dale
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Financial Policy Committee
The Financial Policy Committee (FPC) is an official committee of the Bank of England, modelled on the already well established Monetary Policy Committee. It was announced in 2010 as a new body responsible for monitoring the economy of the United Kingdom. Focusing on the macro-economic and financial issues that may threaten long term growth prospects, it was expected to be officially set out in legislation during 2012. Although early plans were for the interim (pre-legislation) FPC to meet in late 2010, the committee's first meeting was held in June 2011. As of March 2012, the FPC is expected to take over operational responsibility for managing the financial sector from the Financial Services Authority with legislation planned for 2013.
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The Financial Policy Committee ...... lly accountable to Parliament.
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The Financial Policy Committee ...... legislation planned for 2013.
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Financial Policy Committee
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