Written question asked by Lord Sikka (Labour) on Tuesday, 2 February 2021, in the House of Lords. It was due for an answer on Tuesday, 16 February 2021. It was answered by Lord Agnew of Oulton (Conservative) on Tuesday, 16 February 2021 on behalf of the Treasury.
Goldman Sachs: Bribery
- Question
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To ask Her Majesty's Government, further to the fine issued by the US Department of Justice to Goldman Sachs for its role in a conspiracy to bribe high-ranking foreign officials to obtain business, what discussions they have had with financial regulators in the UK about investigating Goldman Sachs for any similar practices in the UK.
- Answer
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The Financial Conduct Authority is the regulator responsible for supervising the conduct of financial institutions operating in the UK and is independent from the UK government.
The Treasury discusses a wide variety of issues with the FCA regularly. However, the Treasury has no general power of direction over the FCA and any enforcement decisions by the FCA are independent of government.
Secondary information
- Type
- Written question
- Reference
- HL12912
- Session
- 2019-21
- Subjects
- Goldman Sachs Bribery
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2022-03-09 13:12:50 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2019-21/HL12912
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2019-21/HL12912
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2019-21/HL12912