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420974
registered interest false more like this
date less than 2015-10-13more like thismore than 2015-10-13
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury remove filter
hansard heading Economic Situation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment he has made of the implications for his policies of the most recent Global Financial Stability Report from the IMF. more like this
tabling member constituency Romford remove filter
tabling member printed
Andrew Rosindell more like this
uin 11779 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-10-21more like thismore than 2015-10-21
answer text <p>The IMF’s report concludes that risks to global financial stability from emerging markets remain elevated, amid falling risk appetite and increasing market liquidity risks.</p><p>The UK Government is alive to any implications of these risks for UK financial stability. The Government established the Financial Policy Committee (FPC) to identify and manage these types of risk to the UK financial system.</p><p>The Bank of England’s forthcoming 2015 stress test of the UK banking system will assess its resilience to a deterioration in global economic conditions, particularly in emerging markets.</p><p>Furthermore, the UK’s financial regulatory bodies are continuing to work at an international level on risks relating to global financial market liquidity.</p> more like this
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2015-10-21T13:43:18.547Zmore like thismore than 2015-10-21T13:43:18.547Z
answering member
4107
label Biography information for Dame Harriett Baldwin more like this
tabling member
1447
label Biography information for Andrew Rosindell more like this