HC Deb 07 December 2000 vol 359 cc1-2W
Barbara Follett

To ask the Chancellor of the Exchequer if he will make a statement about recent developments in the preparation of secondary legislation under the Financial Services and Markets Act 2000. [142033]

Miss Melanie Johnson

The Treasury today issued consultation documents on six pieces of secondary legislation under the Financial Services and Markets Act 2000 comprising: redress for contravention of an FSA requirement or rule; certain disclosures of information under the Act; service of notices under the Act; recognition requirements for investment exchanges and clearing houses; investments and markets prescribed for market abuse; and transitional provisions.

Copies of all six consultation documents have been placed in the Libraries of both Houses. Further copies are available from the Treasury, and can also be accessed via the Treasury's website: www.hm-treasury.gov.uk/pub/html/reg/index.html.

These consultation documents are in addition to two issued on 26 October on secondary legislation to be made under the Financial Services and Markets Act concerning the scope of FSA regulation and the promotion of financial services.

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