asked Her Majesty's Government:

Whether they have discussed with banks any estimate of what percentage of debts will eventually be recovered. [HL3900]

The Financial Services Authority is responsible for supervising financial services activities in the UK under the powers granted to it in the Financial Services and Markets Act 2000.

asked Her Majesty's Government:

What discussions they have held with the accountancy bodies regarding rules that require current bank debt write-down levels. [HL3901]

The Financial Services Authority is responsible for supervising financial services activities in the UK under the powers granted to it in the Financial Services and Markets Act 2000.