HC Deb 08 June 1992 vol 209 cc62-3W
Mr. Barry Field

To ask the Secretary of State for Foreign and Commonwealth Affairs if he will set out his policy and advice to Ministers of Finance in the United Kingdom's dependent territories on(a) the tendering for and appointment of investment advisers and (b) the tendering for and appointment of investment performance monitors.

Mr. Lennox-Boyd

Responsibility for the tendering for an appointment of investment advisers and investment performance monitors for the United Kingdom's dependent territories rests with the Minister of Finance, or equivalent official, of each territory. Dependent territories wishing to recruit such advisers will do so on the basis of local legislation and regulations.