Skip to main content

Financial Services (Regulation)

Volume 301: debated on Thursday 27 November 1997

The text on this page has been created from Hansard archive content, it may contain typographical errors.


To ask the Chancellor of the Exchequer which (a) EU and (b) G8 countries have a single regulator responsible for every aspect of financial services. [16604]

Within the EU and G8 countries only Sweden presently has a single regulator for financial services.The Government's proposed regulatory reforms based around a single regulator, the Financial Services Authority, will therefore make the United Kingdom a world leader in financial regulation amongst the major financial centres.