HC Deb 11 May 1988 vol 133 c151W
67. Mr. McAllion

To ask the Chancellor of the Duchy of Lancaster if he will make a further statement on the implementation of the Financial Services Act.

Mr. Kenneth Clarke

Section 3 of the Financial Services Act was brought into force on 29 April. The other principal provisions in the Act, relating to the authorisation and regulation of persons carrying on investment business in the United Kingdom, were also commenced on that date.