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46410
star this property registered interest false more like this
star this property date less than 2014-04-01more like thismore than 2014-04-01
star this property answering body
HM Treasury more like this
star this property answering dept id 14 remove filter
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government whether they have commissioned any investigation into, or received any report about, possible manipulation of auctions conducted by the Debt Management Office on behalf of HM Treasury or of purchases of securities under the Asset Purchase Scheme. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL6507 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2014-04-11more like thismore than 2014-04-11
star this property answer text <p> </p><p> </p><p>Any evidence relating to the potential manipulation of financial markets received by a public or private body or member of the public should be passed to the Financial Conduct Authority (FCA), which has a statutory responsibility for regulating conduct in financial markets.</p><p> </p><p>Any investigation into the potential manipulation of financial markets would be a matter for the FCA. As a matter of policy the FCA does not normally provide any comment about potential or actual investigations or potential enforcement so as to avoid prejudicing cases.</p><p> </p><p>The FCA announced on 20 March 2014 that it had taken enforcement action against an individual for the manipulation of a government bond in the run up to a Bank of England operation on 10 October 2011. The FCA's investigation found this was the action of one trader on one day, and there was no evidence of collusion with traders in other banks.</p><p> </p><p> </p> more like this
star this property answering member printed Lord Newby more like this
star this property question first answered
remove filter
star this property answering member
1916
star this property label Biography information for Lord Newby more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners more like this