Written question asked by Lord Myners (Labour), in the House of Lords. It was answered by Lord Sassoon (Conservative) on Tuesday, 10 May 2011.
Finance: Prudential
- Question
- To ask Her Majesty’s Government whether steps have been taken to ensure that it would be possible to publish the report commissioned by the Financial Services Authority (FSA) under Section 166 of the Financial Services and Markets Act 2000 into the Prudential’s failed takeover of AIA if the FSA or HM Treasury wished.
- Answer
-
Reports commissioned under Section 166 of the Financial Services and Markets Act 2000 (FSMA) are a matter for the Financial Services Authority (FSA), which is independent from government. If the FSA requires a firm to commission such a report, its contents would be protected by the statutory confidentiality provisions in FSMA.
Secondary information
- Type
- Written question
- Reference
- 8737; 727 c187-8WA
- Session
- 2010-12
- Subjects
- Disclosure of information Financial Services Authority Takeovers Prudential American International Assurance
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-20 02:10:05 +0000
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1613754
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- In Solr
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