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Written question asked by Lord Myners (Labour), in the House of Lords. It was answered by Lord Sassoon (Conservative) on Thursday, 17 March 2011.


Keydata Investment Services

Question
To ask Her Majesty’s Government whether they will order an inquiry into the collapse of Keydata Investment Services and the contribution, if any, of regulatory failures.
Answer

The Government are following the situation that has arisen from the collapse of Keydata Investment Services (KIS) closely and understand that this is a complex issue that has had serious implications for a number of people and firms. However, the Financial Services Authority is still investigating the issues surrounding KIS and the Government feel that it would not be appropriate to comment on this matter before this investigation is completed.


Secondary information

Type
Written question
Reference
7493; 726 c97WA
Session
2010-12
Subjects
Insolvency Regulation Keydata Investment Services
Link
View this Written question on www.publications.parliament.uk