M(87)10

(i)

111

portions

of

(c) are

so that the underlined

paragraph

transferred

to

paragraph

(a) (ii)

as

exceptions

to

the

criterion

specified

therein; and

(ii) following

reconsider-

ation of the term

'under-represented'

paragraph (c) (ii); and

in

(c) that

as soon as practicable,

the revised policy statement

should be set out in an

information note for the

Council.

(The

Secretary for Monetary Affairs, Mr

NENDICK, and the Commissioner of Banking, Mr R.

D.A.C.

attended before the Council for discussion of this item.)

FELL,

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