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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.


Financial Services: Databases

Question

To ask Mr Chancellor of the Exchequer, what assessment the Financial Conduct Authority has made of the implications for its policies of the statement made by the financial service messaging platform Symphony that they offer Guaranteed Data Deletion; and whether this statement complies with financial regulations on record keeping.

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
24721
Session
2015-16
Related items
Deposited Paper DEP2016-0156
Wednesday, 3 February 2016
Deposited papers
House of Commons
Grouped for answer
Yes
Subjects
Databases ICT Financial services Regulation
Link
View this Written question on www.parliament.uk