Written question asked by Roger Godsiff (Labour), in the House of Commons. It was due for an answer on Wednesday, 19 July 1995. It was answered by Angela Knight (Conservative) on Wednesday, 19 July 1995 on behalf of the Treasury.

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Treasury

Question

What questions Jonathan Stone, head of the Barings Bondholder Action Group has asked the Governor of the Bank of England; and on what grounds they have not been answered; what assessment he has made of why the Bank of England, as supervisor of the banking system, did not detect warning signals showing that Barings was facing unsustainable losses of capital before it went into administration. - Will write.

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Secondary information

Type

Written question

Reference

263 c1258W;263 c1259W; 35482;35481

Session

1994-95

Subjects

Banks Bank of England Insolvency Regulation Barings Merchant banks