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Banks: Iceland

Volume 485: debated on Tuesday 16 December 2008

To ask the Chancellor of the Exchequer how many inquiries (a) his Department and (b) its agencies have received regarding wholesale deposits in (i) Kaupthing Singer and Friedlander, (ii) Heritable and (iii) the UK branch of Landsbanki since 1 September 2008. (242230)

To identify the number of inquiries which we have received would incur disproportionate costs.

To ask the Chancellor of the Exchequer (1) how many inquiries the Financial Services Authority has received regarding wholesale deposits in (a) Kaupthing Singer and Friedlander, (b) Heritable and (c) the UK branch of Landsbanki since 1 September 2008; (242231)

(2) what advice the Financial Services Authority has offered to UK companies which had wholesale deposits with (a) Kaupthing Singer and Friedlander, (b) Heritable and (c) the UK branch of Landsbanki.