25 February 2003
The Financial System and Major Operational Disruption
This consultation asks if new statutory powers should be sought to assist in promoting order in the financial system in extreme circumstances of operational disruption. The Government is seeking views on whether such legislation would be justified by the nature and scale of the threat. The consultation also requests comments about additional ways in which the financial authorities could usefully assist the private sector's work in making financial markets more resilient.
The Treasury would be grateful for comments on the proposals. They should be sent by; 25th April 2003 to the following address:
FSM Team
HM Treasury
1 Horse Guard’s Road
London SW1A 2HQ
Tel:020 7270 4664
Fax: 020 7451 7524
E-mail FSM Team
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