LONDON, April 19 (Reuters) - British finance minister GeorgeOsborne said he would give parliament veto powers over futureappointments to run the country's Financial Conduct Authority,which has sweeping powers over its financial services industry.
Osborne also said chief executives of the FCA would besubject to a fixed, renewable, five-year term although thiswould only apply for the successor of Andrew Bailey, who wasnamed as the regulator's new CEO by Osborne earlier this year.
Osborne made the comments in a letter sent to the head of acommittee in Britain's parliament which considers monetary and financial policy. (Reporting by William Schomberg, editing by David Milliken)