§ Mr. HawkinsTo ask the Chancellor of the Exchequer what plans he has to ensure that the Financial Services Authority applies regulatory requirements equally across different distribution channels within particular market sectors. [83102]
§ Ms Hewitt[holding answer 4 May 1999]The Government intend that the Financial Services Authority (FSA) should have statutory objectives setting out what the Government expect it to deliver. It is for FSA to determine how to achieve those objectives, bearing in mind the circumstances of the different market sectors it covers.