Financial Services and Markets Bill (Hansard, 13 May 1999)

HC Deb 13 May 1999 vol 331 c208W 208W

§ 34. Mr. Swayne
To ask the Chancellor of the Exchequer if he will make a statement on the report of the Joint Committee on the draft Financial Services and Markets Bill. [83222]

§ Ms Hewitt
We commend the Committee for a very thorough inquiry, and are grateful to the many organisations which gave evidence. The Committee has broadly endorsed the approach to reform set out in the draft bill published last year, and the improvements announced in the light of public consultation. They have also made constructive recommendations for further improvements, which we will consider carefully before responding.