HC Deb 13 July 1998 vol 316 c63W
Dr. Cable

To ask the Chancellor of the Exchequer if he will give the Financial Services Authority a statutory duty to improve the quality of financial services in the marketplace. [50078]

Mrs. Liddell

The Government's plans to reform the financial services regulatory structure are intended to deliver an improvement in the quality of financial services regulation to the benefit of both consumers and the industry. The statutory objectives of the Financial Services Authority will include protecting financial services consumers.