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Kaupthing Singer and Friedlander

Volume 485: debated on Tuesday 9 December 2008

To ask the Chancellor of the Exchequer on what date the concerns of the Financial Services Authority about the position of Kaupthing, Singer and Friedlander Bank which had been communicated to the Tripartite were first drawn to his attention. (241437)

As the Memorandum of Understanding between HM Treasury, the Bank of England and the FSA sets out, the FSA informs the Tripartite of its concerns on a regular basis.