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Banking: Bank of Scotland (Ireland)

Volume 709: debated on Wednesday 25 March 2009

Question

Asked by

To ask Her Majesty's Government further to the Written Answer by Lord Myners on 10 March (WA 225) about appointments of senior management in the Bank of Scotland (Ireland), in relation to which other banks operating in the United Kingdom the Financial Services Authority has no role in the appointment of senior management. [HL2137]

The FSA assesses the fitness and propriety of senior management in all institutions where it is the primary regulator. The FSA Register at www.fsa.gov.uk/register/home.do displays details of all firms that are authorised to operate in the UK together with the details of any senior management within these institutions where it has assessed their fitness and propriety.