Imran Hussain – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Imran Hussain on 2016-04-12.

To ask Mr Chancellor of the Exchequer, if he will take steps to publish aggregate statistics showing the size and origin of assets in UK financial institutions.

Harriett Baldwin

The Bank of England publishes aggregated data relating to UK Financial Institutions’ balance sheets. Its statistical releases can be found via the following link: http://www.bankofengland.co.uk/statistics/Pages/calendar/default.aspx

Under the Capital Requirements (country-by-country reporting) Regulations 2013 there are reporting obligations on institutions in the United Kingdom within scope of the Capital Requirements Directive 4. The regulations require institutions to publish annually details on a consolidated basis, by country where they have an establishment. These details include: their name, nature of activities and geographical location; number of employees; and their turnover.