§ Keith VazTo ask the Chancellor of the Exchequer how many complaints have been received concerning banking supervision in each of the last three years. [151063]
§ Ruth KellyThe Financial Services Authority is responsible for banking supervision. The Financial Services and Markets Act 2000 required an arrangement for the investigation of complaints against the FSA to be established. Accordingly, the FSA's Complaints Scheme was introduced with effect from 3 September 2001.
The following table sets out the number of complaints received under the Financial Services Authority's complaints scheme concerning an alleged failure to supervise deposit taking institutions.
Complaints received 3 September to 31 December 2001 0 Calendar year 2002 1 Calendar year 2003 2