Correspondence

Response to the Remit and Recommendations for the Financial Policy Committee: June 2013

The Financial Policy Committee's response to HM Treasury's 'Remit and Recommendations for the Financial Policy Committee'

• From: HM Treasury and The Rt Hon George Osborne
• Published: 26 June 2013

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Documents

Response to the Remit and Recommendations for the Financial Policy Committee: June 2013

PDF, 152 KB, 7 pages

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Details

On 30 April, the Chancellor set out a series of recommendations to the Financial Policy Committee (FPC) under sections 9E(1) and 9E(2) of the Bank of England Act 1998 (as amended by the Financial Services Act 2012).

The committee discussed these recommendations at its policy meeting on 18 June 2013. This document sets out the committee’s response, in accordance with section 9E(3) of the Act.

Read the original letter from the Chancellor to the Governor of the Bank of England, providing the FPC with its first remit

Published 26 June 2013