To ask the Chancellor of the Exchequer what arrangements are in place at the Financial Services Authority for the payment of bonuses to staff; and if he will make a statement. (260048)

This matter is the responsibility of the Financial Services Authority (FSA), whose day-to-day operations are independent from Government control and influence. Details of the FSA's reward and remuneration policy can be found at:

www.FSA.gov.uk/pages/library/other-publications/staff/staff-handbook/money/index.shtml