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Written question asked by Lord Rooker (Labour) on Tuesday, 29 October 2019, in the House of Lords. It was due for an answer on Tuesday, 12 November 2019. It was answered by Earl of Courtown (Conservative) on Tuesday, 5 November 2019 on behalf of the Treasury.


Banks: Russia

Question

To ask Her Majesty's Government what oversight UK financial regulators have of the subsidiaries of the five main Russian banks subject to EU Council Regulation 833/2014.

Answer

The FCA is responsible for the regulation of the financial services sector and is operationally independent from Government. This question relates to the FCA and has been passed on to them. The FCA will reply directly to Lord Rooks by letter and a copy of the letter will be placed in the Library of the House.


Secondary information

Type
Written question
Reference
HL527
Session
2019-19
Related items
Deposited Paper DEP2019-1083
Tuesday, 5 November 2019
Deposited papers
House of Lords
Subjects
Banks EU law Regulation Subsidiary companies Russia
Link
View this Written question on www.parliament.uk