§ Mr. Ian Stewart
To ask the Chancellor of the Exchequer if he will make a statement on the establishment of a voluntary code for the Financial Services Review Group. 
§ Miss Melanie Johnson
I am pleased to announce that the Government have appointed Dr. Anne Julius to chair the Group. The other members of the Group will be announced shortly.
The review will examine:whether the voluntary codes for financial services are delivering sufficiently strong benefits to consumers;what scope there is to introduce greater independence and consumer representation in the drawing up of codes;what role there is for the Ombudsman in influencing or determining standards for consumers;whether greater information disclosure can be achieved without the need for further regulation.
Dr. Julius will serve in a personal capacity, as will all the members of the group. The group will be asked to publish its report by April 2001.