Question to the Home Office:

To ask the Secretary of State for the Home Department, what estimate he has made of the number of financial institutions he expects to participate in the suspended accounts scheme.

We are committed to developing a scheme that satisfies the objectives of both industry and government and it will be open to members across the whole financial sector.

As a voluntary scheme, we are currently working closely with the financial sector on the detail, to ensure that it is attractive to as many participants as possible.