§ John MannTo ask the Chancellor of the Exchequer what plans the Government has to remove stamp duty on the financial services sector. [152386]
§ Ruth KellyAll aspects of the tax system are kept under review as part of the annual budget process.
§ John MannTo ask the Chancellor of the Exchequer what initiatives are in place to assist the financial services industry to ensure probity and transparency in dealings with the public. [152388]
§ Ruth KellyThe Financial Services Authority (FSA) has statutory responsibility to promote public understanding of the financial system and to secure the right degree of protection for consumers. The FSA carries out Conduct of Business regulation of all firms doing investment business to ensure, for example, that the information firms provide to investors is clear, fair and not misleading.