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Banks: Regulation

Volume 490: debated on Monday 30 March 2009

To ask the Chancellor of the Exchequer what recent discussions he has had with (a) Lloyds TSB and (b) RBS on (i) the volume of their assets held in each (A) UK dependent territory, (B) UK overseas territory and (iii) Crown dependency; and what information his Department holds on the names of the subsidiaries of each bank registered in each (1) UK dependent territory, (2) UK overseas territory and (3) Crown dependency. (261834)

Information on subsidiaries is reported by banks in their annual financial statements under international reporting standards.