§ Mr. VazTo ask the Chancellor of the Exchequer if the Government has completed its consideration of the findings of the review committee of banking services law, published in February; and if he will make a statement on how these considerations will affect the banking ombudsman system.
§ Mr. RyderThe Government are still considering a number of detailed comments on the review committee's 149W recommendations. The report was widely welcomed as presenting an extremely clear and comprehensive critique of the present law on banking services, but reservations were expressed about some of the recommendations. The Government are considering these comments very carefully in formulating their response.