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Issuer Liability

Volume 703: debated on Thursday 17 July 2008

My honourable friend the Economic Secretary to the Treasury (Kitty Ussher) has made the following Written Statement.

The Treasury is today publishing Extension of the Statutory Regime for Issuer Liability. This sets out the Government's response to the Davies Review of Issuer Liability and contains proposals to extend the statutory civil liability regime for issuer misstatements to the market, established in Section 90A of the Financial Services and Markets Act 2000.

Copies have been placed in the Library of the House.