§ Mr. Gerald Howarthasked the Secretary of Stale for Trade and Industry if he is in a position to give details of the membership of the committee of inquiry into regulatory arrangements at Lloyd's, the setting up of which he announced on 10 January.
§ Mr. ChannonI am pleased to be able to announce that the chairman of the committee of inquiry, Sir Patrick Neill, QC will be joined by Mr. Denis Allport. formerly chairman and chief executive of Metal Box and Mr. Brian Pomeroy, a partner of Touche Ross. The committee's terms of reference are
to consider whether the regulatory arrangements which are being established at Lloyd's under the 1982 Lloyd's Act provide protection for the interests of members of Lloyd's comparable to that proposed for investors under the Financial Services Bill, and to report to the Secretary of State for Trade and Industry by the summer.