HC Deb 28 March 1991 vol 188 c520W
Ms. Mowlam

To ask the Chancellor of the Exchequer what changes there have been in policy on secondary banks' collapses since 1974.

Mr. Maples

Significant improvements have been made to the system of banking supervision under the provisions of the Banking Acts 1979 and 1987. So far as individual cases are concerned, the bank's reaction continues to be determined on a case-by-case basis in the light of all the prevailing circumstances.

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