30 January 2008
Financial stability and depositor protection: strengthening the framework
The Chancellor of the Exchequer launched on Wednesday 30 January, a consultation outlining proposals to strengthen the current framework for financial stability and depositor framework. This is a joint publication by HM Treasury, the Financial Services Authority and the Bank of England.
The release of this consultation document follows the release of the discussion paper Banking Reform: Protecting Depositors on 11 October 2007 and sets out the Authorities' emerging conclusions and proposed action, both in the UK and internationally.
The Government intends to follow this consultation by introducing legislation into the Parliament later in this session.
Comments on the proposals and impact assessment are welcome by 23 April 2008.
Please send responses to banking.reform@hm-treasury.gov.uk or by post to:
Banking Reform consultation responses
Banking Reform Team
HM Treasury
1 Horse Guards Road
London
SW1A 2HQ
The document is available in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.
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