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1521534
registered interest false more like this
date less than 2022-10-12more like thismore than 2022-10-12
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Financial Services more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government what recent steps they have taken to determine whether the financial sector presents too great a risk for the UK economy and regulatory structures to bear. more like this
tabling member printed
Baroness Bennett of Manor Castle remove filter
uin HL2516 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-10-25more like thismore than 2022-10-25
answer text <p>The Government actively monitors the financial sector and any risks to financial stability and the UK economy more widely. It continues to work closely with the regulators, including the Bank of England and the Financial Conduct Authority, to assess risks and where appropriate coordinate a response with them. The regulators are working with firms to improve their resilience to market shocks, and it is a focus of government to ensure that we have a robust regulatory system. The UK financial sector remains resilient and well capitalised – ensuring it can continue to support households and business and play an important part in the UK economy.</p> more like this
answering member printed Viscount Younger of Leckie more like this
question first answered
remove filter
answering member
4169
label Biography information for Viscount Younger of Leckie more like this
tabling member
4719
label Biography information for Baroness Bennett of Manor Castle more like this