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Written question asked by David Laws (Liberal Democrat) on Wednesday, 23 October 2002, in the House of Commons. It was due for an answer on Monday, 28 October 2002. It was answered by Ruth Kelly (Labour) on Monday, 28 October 2002 on behalf of the Treasury.


Treasury

Question
To ask Mr Chancellor of the Exchequer, what (a) oral and (b) written communications took place between the Financial Services Authority in the UK and the Guernsey Financial Services Commission between 1st December 2000 and 30th April 2002 on the subject of the (i) risk characteristics and (ii) disclosure and regulation relating to Split Capital Trusts; and if he will make a statement.
Answer

Mr. David Laws: To ask Mr Chancellor of the Exchequer what (a) oral and (b) written communications took place between the Financial Services Authority in the UK and the Guernsey Financial Services Commission between 1st December 2000 and 30th April 2002 on the subject of the (i) risk characteristics and (ii) disclosure and regulation relating to Split Capital Trusts; and if he will make a statement. [77495] Ruth Kelly: In the course of its duties the FSA liaises regularly with other financial regulators about issues of mutual interest. The details of these discussions is a matter for the FSA itself.


Secondary information

Type
Written question
Reference
77495; 391 c614W;391 c610W
Session
2001-02
Subjects
Capital investment Correspondence Financial services Investment trusts Trusts
Link
View this Written question on www.publications.parliament.uk