Financial Services and Markets Bill
Lord Borrie (Labour)
Perhaps I can add a helpful point of fact. The insurance ombudsman, a position that has existed since 1982--a precursor of the other private sector ombudsmen--from time to time has published quite detailed case law in terms of loose-leafed volumes of decided cases. I understand that they are not strictly speaking precedents in the same way as decisions of the Court of Appeal under the Master of the Rolls are regarded as binding precedents, but they are useful both to later ombudsmen and to the industry.