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The Financial Services Authority is issuing a consultation paper in july on the regulation of retail banking and this is one of the issues it must address.
Evan Harris, joint executive director of Hacked Off, said: "This legal challenge is no surprise, given the shameless conduct of the government in breaking its promises to victims, intervening to frustrate the will of parliament, and issuing a consultation paper so biased that it could have been written by the Daily Mail or the Sun".
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She is due to issue a consultation paper in a fortnight.
The Department for Business, Innovation and Skills has already issued a consultation on the proposed measure.
The Financial Stability Board issued a consultation paper in January on the issue.
The chancellor, George Osborne, is expected to issue a consultation on handing responsibility for Sunday rules to local authorities.
It has issued a consultation on a legislative reform order, which could make the changes that NALC has been calling for.
Mr. Tung today canceled the government's plans to issue a "consultation document" that would have asked the public what if any amendments the bill should include.
Research Councils UK, the co-ordinating body for the distribution of more than £3bn of government money via the science research councils, has issued a consultation on open access.
Following his comments, the Department for Constitutional Affairs issued a consultation paper in June 2004, in which it discussed the flaws in the CFA regime, but failed to propose any solution.
Recently, the Crown Prosecution Service (CPS) issued a consultation document on its Interim Guidelines on Prosecuting Cases of Child Sexual Abuse.
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