Written question asked by Gordon Prentice (Labour) on Wednesday, 20 January 2010, in the House of Commons. It was due for an answer on Monday, 25 January 2010. It was answered by Sarah McCarthy-Fry (Labour) on Wednesday, 27 January 2010 on behalf of the Treasury.
Financial Services: EU Action
- Question
- To ask the Chancellor of the Exchequer what assessment he has made of the likely effects of proposed EU regulations on derivatives on businesses in the corporate sector which depend on very long-term hedging practices to manage risk and uncertainty; and if he will make a statement.
- Answer
-
In December, HM Treasury and FSA published a paper called 'Reforming OTC Derivative Markets, A UK Perspective' available at:"www.fsa.gov.uk/pubs/other/reform_otc_derivatives.pdf"This paper sets out the UK's preliminary thinking on future regulation, both globally and in the EU, on derivatives issues, including the implications for corporates.
Secondary information
- Type
- Written question
- Reference
- 504 c918W; 313007
- Session
- 2009-10
- Subjects
- Financial services EU action
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-25 17:50:23 +0000
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1486829
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- In Solr
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