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Oral question asked in the House of Lords, by Lord Campbell-Savours (Labour). It was answered on Tuesday, 17 January 2012.


Eurozone Crisis

Question
Has the Treasury carried out internally an inquiry into the level of exposure of British banks to banks within the eurozone that might collapse?
Answer

My Lords, of course the FSA, in the course of its normal work, continually examines the exposure of the financial sector to a whole range of issues, including to the eurozone. The Europe-wide stress tests which were done, and done again, and finally done on a much better basis, looked at that matter last year.


Secondary information

Type
Oral question
Reference
734 c456 
Session
2010-12
Oral question type
Supplementary
Chamber / Committee
House of Lords chamber
Subjects
Economic and monetary union
Link
View this Oral question on www.publications.parliament.uk