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Written question asked by Joan Ryan (Labour) on Thursday, 28 January 2016, in the House of Commons. It was due for an answer on Monday, 1 February 2016. It was answered by Harriett Baldwin (Conservative) on Wednesday, 3 February 2016 on behalf of the Treasury.


Banks: Databases

Question

To ask Mr Chancellor of the Exchequer, what consideration the Financial Conduct Authority has given to requests from banks to sign a memorandum of understanding to ensure that financial record keeping regulations in the UK are not being breached.

Answer

This is a matter for the Financial Conduct Authority (FCA), which is operationally independent from Government.

The question has been passed on to the FCA. The FCA will reply directly to the Rt Hon Joan Ryan MP by letter. A copy of the letter will be placed in the Library of the House.


Secondary information

Type
Written question
Reference
24719
Session
2015-16
Related items
Deposited Paper DEP2016-0156
Wednesday, 3 February 2016
Deposited papers
House of Commons
Grouped for answer
Yes
Subjects
Databases Banks Regulation Financial Conduct Authority
Link
View this Written question on www.parliament.uk