Wes Streeting – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Wes Streeting on 2016-01-25.

To ask Mr Chancellor of the Exchequer, whether his Department has made representations to the Bank of England regarding the regulation of any specific bank since May 2015.

Harriett Baldwin

The Prudential Regulation Authority is a subsidiary of the Bank of England and operationally independent of Government.

Treasury Ministers and officials meet regularly with the Prudential Regulation Authority to discuss relevant regulatory issues.

As was the case with previous Administrations, it is not the Treasury’s practice to provide details of all such discussions.