Licensed Deposit Takers

HC Deb 22 January 1988 vol 125 c876W

Mr. Austin Mitchell

To ask the Chancellor of the Exchequer whether he will publish in theOfficial Report a list of licensed deposit takers.

Mr. Lilley

The Banking Act 1987 eliminates the distinction under the Banking Act 1979 between recognised banks and licensed deposit takers. The Bank of England is required to list authorised institutions in its annual report, under the Banking Act, which is laid before Parliament. It also periodically produces updated lists of authorised institutions, and I am placing a copy of the list as at 8 January 1988 in the Library.