Written question asked by Lord Myners (Labour), in the House of Lords. It was answered by Baroness Wilcox (Conservative) on Monday, 22 November 2010.
Post Office: Joint Ventures
- Question
- To ask Her Majesty’s Government what enquiries they have made as to whether the Irish Deposit Protection Scheme is capable of meeting any amounts due to United Kingdom depositors in respect of the Post Office’s banking venture with the Bank of Ireland.
- Answer
-
A UK subsidiary of the Bank of Ireland—Bank of Ireland (UK) plc—was created on November 1. This means that Post Office products under the Joint Venture with the Bank of Ireland are now regulated through the Financial Services Authority and come under the UK Financial Services Compensation Scheme (FSCS), in line with other UK banks and building societies.
Secondary information
- Type
- Written question
- Reference
- 4042; 722 c285-6WA
- Session
- 2010-12
- Subjects
- Compensation Bank services Bank of Ireland Post Office
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-20 02:18:03 +0000
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- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1562475
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