HC Deb 25 July 1997 vol 298 cc805-6W
Mr. Timms

To ask the Chancellor of the Exchequer when he expects to make the provision of services to sponsored members in the updated central gilts settlement system an authorisable activity under the Financial Services Act 1986. [11143]

Mrs. Liddell

When the House resumes in October, Her Majesty's Treasury will lay a statutory instrument extending the activities requiring authorisation under the Financial Services Act 1986 so as to cover the sending of dematerialised instructions on behalf of third parties and certain related activities to the central gilts office service.

Back to