Moved by
Baroness Hayter of Kentish Town
77AA: Clause 11, page 65, line 22, at end insert—
“( ) In seeking to ensure an appropriate degree of protection for consumers, the PRA and FCA shall—
(a) require banks to provide clear and prominent warnings to consumers where deposits are not covered by the Financial Services Compensation Scheme; and
(b) make and maintain effective arrangements to consult consumers on the prominence and method of such warnings.”