§ Mr. Nicholas Winterton
To ask the Chancellor of the Exchequer what plans he has to review the self-regulatory systems of the financial services industry; and if he will make a statement.
§ Mr. Nelson
[holding answer 23 June 1992]: Responsibility for the regulation of financial services passed to me on 7 June 1992. No changes are planned as a result of the transfer, but I shall of course keep the effectiveness of the regulatory system under review.