Joan Ryan – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Joan Ryan on 2016-01-28.

To ask Mr Chancellor of the Exchequer, what consideration the Financial Conduct Authority has given to requests from banks to sign a memorandum of understanding to ensure that financial record keeping regulations in the UK are not being breached.

Harriett Baldwin

This is a matter for the Financial Conduct Authority (FCA), which is operationally independent from Government.

The question has been passed on to the FCA. The FCA will reply directly to the Rt Hon Joan Ryan MP by letter. A copy of the letter will be placed in the Library of the House.