HM Revenue and Customs: ISA bulletin. 3 p.

HM Revenue and Customs: ISA bulletin. 3 p.

I am today announcing the Government's intention to make changes to the ISA rules that will benefit investors whose ISA savings have been affected by the failure or default of a financial firm. This includes ISA investors affected by the collapse of Lehman Brothers. Under current ISA rules, an individual...

I am today announcing the Government's intention to make changes to the ISA rules that will benefit investors whose ISA savings have been affected by the failure or default of a financial firm. This includes ISA investors affected by the collapse of Lehman Brothers. Under current ISA rules, an individual...

My honourable friend the Financial Secretary to the Treasury (Mark Hoban) has today issued the following Written Ministerial Statement. I am today announcing the Government’s intention to make changes to the ISA rules that will benefit investors whose ISA savings have been affected by the failure or default of a...

My honourable friend the Financial Secretary to the Treasury (Mark Hoban) has today issued the following Written Ministerial Statement. I am today announcing the Government’s intention to make changes to the ISA rules that will benefit investors whose ISA savings have been affected by the failure or default of a...

To ask the Chancellor of the Exchequer whether (a) he, (b) his Department or (c) his Department's agencies have made representations to the US administration on the return to Lehman Brothers UK of its (i) funds and (ii) assets transferred to the US.

To ask the Chancellor of the Exchequer whether (a) he, (b) his Department or (c) his Department's agencies have made representations to the US administration on the return to Lehman Brothers UK of its (i) funds and (ii) assets transferred to the US.

To ask the Chancellor of the Exchequer what steps he has taken to support the claim of UK-based creditors against the US parent company of Lehman Brothers.

To ask the Chancellor of the Exchequer what steps he has taken to support the claim of UK-based creditors against the US parent company of Lehman Brothers.

Westminster Hall adjournment debate on the marketing of structured products backed by Lehman Brothers.

Westminster Hall adjournment debate on the marketing of structured products backed by Lehman Brothers.

I appreciate that the hon. Gentleman's view will be shared by the investors, but surely it is our responsibility to ensure that the FSA looks at the products. That is why, having looked at the marketing literature, its officials are going to take a sample of the advice that was...

I appreciate that the hon. Gentleman's view will be shared by the investors, but surely it is our responsibility to ensure that the FSA looks at the products. That is why, having looked at the marketing literature, its officials are going to take a sample of the advice that was...

May I take the Minister back to the remarks she made a few moments ago? I understand her line of argument on sector-wide regulation and the regulation of a category of products, but the problem is that we have a specific example of a product that was sold to a...

May I take the Minister back to the remarks she made a few moments ago? I understand her line of argument on sector-wide regulation and the regulation of a category of products, but the problem is that we have a specific example of a product that was sold to a...

It is a pleasure to serve under your chairmanship, Mr. Cummings. I congratulate the hon. Member for Wantage (Mr. Vaizey) on securing the debate and thank him for his constructive approach to this important subject. I am sure that it is not just his constituents who are interested in this...

It is a pleasure to serve under your chairmanship, Mr. Cummings. I congratulate the hon. Member for Wantage (Mr. Vaizey) on securing the debate and thank him for his constructive approach to this important subject. I am sure that it is not just his constituents who are interested in this...

I am grateful to my hon. Friend for performing an enormous service in initiating this debate. He will know that many of our constituents have referred their case to the Financial Ombudsman Service, which is waiting for the outcome of the FSA widespread investigation. Can he shed any light on...

I am grateful to my hon. Friend for performing an enormous service in initiating this debate. He will know that many of our constituents have referred their case to the Financial Ombudsman Service, which is waiting for the outcome of the FSA widespread investigation. Can he shed any light on...

I shall put that question to the Minister when I conclude. It is important for our constituents to be aware of that investigation. In the jurisdiction of Hong Kong, advisers who sold such products appear to have had their feet held to the fire. Hong Kong's regulator has forced them...

I shall put that question to the Minister when I conclude. It is important for our constituents to be aware of that investigation. In the jurisdiction of Hong Kong, advisers who sold such products appear to have had their feet held to the fire. Hong Kong's regulator has forced them...

I am grateful, Mr. Cummings, for the opportunity to raise this important issue; it has affected thousands of people who have lost millions of pounds in savings. I think that this is the first time that the matter has been raised properly in the House, and it provides an opportunity...

I am grateful, Mr. Cummings, for the opportunity to raise this important issue; it has affected thousands of people who have lost millions of pounds in savings. I think that this is the first time that the matter has been raised properly in the House, and it provides an opportunity...

This Research Paper provides a detailed account of the key issues and perspectives raised at these hearings. Like the Treasury Select Committee in the UK, a number of influential US committees concerned with financial issues have convened hearings featuring expert witnesses from the executive branch, the federal regulators and the private sector.

This Research Paper provides a detailed account of the key issues and perspectives raised at these hearings. Like the Treasury Select Committee in the UK, a number of influential US committees concerned with financial issues have convened hearings featuring expert witnesses from the executive branch, the federal regulators and the...

The financial crisis in the US: key events, causes and responses House of Commons Library Research Paper 09/34

The financial crisis in the US: key events, causes and responses House of Commons Library Research Paper 09/34

To ask the Chancellor of the Exchequer what estimate he has made of the number of UK citizens who held Lehman Brothers-backed securities at the time of the bank's collapse; whether he has commissioned research on the ways in which such products were marketed in the UK; and if he...

To ask the Chancellor of the Exchequer what estimate he has made of the number of UK citizens who held Lehman Brothers-backed securities at the time of the bank's collapse; whether he has commissioned research on the ways in which such products were marketed in the UK; and if he...

To ask the Secretary of State for Work and Pensions what requests have been made to the Pension Protection Fund in respect of employees of Lehman Brothers by the Lehman Pension Fund Trustees.

To ask the Secretary of State for Work and Pensions what requests have been made to the Pension Protection Fund in respect of employees of Lehman Brothers by the Lehman Pension Fund Trustees.

To ask the Chancellor of the Exchequer whether (a) his Department and (b) another of the tri-partite authorities has raised with the US authorities the issue of the return to the UK of the funds transferred from Lehman Brothers UK to Lehman Brothers USA on the evening the insolvency of...

To ask the Chancellor of the Exchequer whether (a) his Department and (b) another of the tri-partite authorities has raised with the US authorities the issue of the return to the UK of the funds transferred from Lehman Brothers UK to Lehman Brothers USA on the evening the insolvency of...

To ask the Chancellor of the Exchequer what meetings his predecessor held with Lehman Brothers in (a) 2004, (b) 2005, (c) 2006 and (d) 2007; what the purpose of each meeting was; and if he will place on his Department's website the text of the speech made by his predecessor...

To ask the Chancellor of the Exchequer what meetings his predecessor held with Lehman Brothers in (a) 2004, (b) 2005, (c) 2006 and (d) 2007; what the purpose of each meeting was; and if he will place on his Department's website the text of the speech made by his predecessor...

To ask the Prime Minister what meetings he has held with representatives of senior management of Lehman Brothers in the last 12 months.

To ask the Prime Minister what meetings he has held with representatives of senior management of Lehman Brothers in the last 12 months.

What measures his Department has taken to secure the return of Maxwell Pension Scheme funds from Credit Suisse to the Maxwell pensioners; and from Lehman Brothers to Maxwell pensioners.

What measures his Department has taken to secure the return of Maxwell Pension Scheme funds from Credit Suisse to the Maxwell pensioners; and from Lehman Brothers to Maxwell pensioners.