The Commission has published the responses it received to its consultation on a basic bank account. Almost all public authorities said it was crucial for consumers to have access to an account but some said there was no need for EU intervention to achieve this. Industry respondents were even more cautious, supporting national measures and opposing any unconditional right to a bank account. Many of them particularly commented it would be disproportionate to force them to offer such accounts to consumers in other Member States. Responses highlighted the different types of provider of bank accounts. Treasury and FSA submitted a response which raised serious concerns on many aspects of the proposal, including that it does not meet the principles of subsidiarity, and that it does not properly consider the principle of freedom to contract. (Source: Summary of Responses to the Public Consultation on Access to a Basic Bank Account and UK Government response to the European Commission Consultation on access to a basic payment account)