§ Dr. Lynne JonesTo ask the Chancellor of the Exchequer if he will bring forward proposals to establish a statutory body to monitor the financial services industry.
§ Mr. NelsonNo. Many of the statutory functions under the Financial Services Act are exercisable by the Securities and Investments Board.
§ Dr. Lynne JonesTo ask the Chancellor of the Exchequer what proposals he has to amend the Financial Services Act 1986 to increase protection for savers.
§ Mr. NelsonI have no plans to do so.