§ Mr. Tim Smith
To ask the Secretary of State for Trade and Industry, pursuant to his reply to the hon. Member for Beaconsfield of 28 March,Official Report, column 209, which self-regulatory organisations have membership requirements that go further than the vetting of individuals of significance to the shareholdings or management of the business that is making application for authorisation under the Financial Services Act.
§ Mr. Redwood
I understand that the Securities Association and FIMBRA have membership requirements that go further than those mentioned in my previous reply.