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Written statement made by Lord Sassoon (Conservative) on Thursday, 5 July 2012 in the House of Lords, on behalf of the Treasury.


Asset Protection Agency: Annual Report and Accounts

My honourable friend the Financial Secretary to the Treasury (Mark Hoban) has today made the following Written Ministerial Statement.

The annual report and accounts 2011-12 of the Asset Protection Agency (APA) has been presented to Parliament today.

The report contains commentary on key developments in relation to the APA and the asset protection scheme (APS) over the period from 1 April 2011 to 31 March 2012.

I am pleased to note the statements in the report that the probability of the Royal Bank of Scotland (RBS) being able to make a claim under the APS is highly unlikely.


Secondary information

Type
Written statement
Reference
738 c62WS 
Session
2012-13
Related items
Report and Accounts of Asset Protection Agency
Thursday, 5 July 2012
House of Commons papers
House of Lords
House of Commons
Subjects
Annual reports Royal Bank of Scotland Asset protection scheme Asset Protection Agency
Link
View this Written statement on www.publications.parliament.uk