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Early day motion tabled by primary sponsor Michael Colvin (Conservative), on Thursday, 25 February 1993, in the House of Commons. It is signed by 77 members in total.


SELF REGULATION OF BANKS AND BUILDING SOCIETIES

That this House, recognising the inadequacies of the present system of self-regulation of banks and building societies, expresses grave concern at the continual plight of elderly home income plan holders and their difficulties in obtaining compensation; and calls upon Her Majesty's Government to ensure that mortgages are treated as investments for the purposes of the Financial Services Act 1986.


Secondary information

Type
Early day motion
Reference
1484 
Session
1992-93
Subjects
Banks Building societies Mortgages Self-regulation Equity sharing
Link
View this Early day motion on www.parliament.uk