Financial Services Bill

I rise briefly to support my noble friend. In our debate on the previous day in Committee we focused on Clause 1 and the role of the council. Various parts of the House, including the Minister, understood that there are issues about co-ordination, duplication and who is in charge. If we are to answer those clearly, and if people are to understand this matter beyond peradventure in the future, we need to know who said what about whom. I think that my noble friend’s amendment goes to the heart of that issue and would do a great deal to strengthen and resolve some of our concerns about Clause 1 and the role of the council.