HC Deb 01 July 1999 vol 334 cc255-6W
Mr. Chaytor

To ask the Chancellor of the Exchequer who is representing Her Majesty's Government on the Financial Stability Forum working groups on short-term capital flows, highly leveraged institutions and offshore financial centres. [87684]

Ms Hewitt

The UK representatives on these groups are Paul Tucker (Deputy Director, Bank of England), on the short-term capital flows group; Howard Davies (Chairman, Financial Services Authority), who is chairing the highly leveraged institutions group; and Joseph Halligan (Head of International Financial Services team, HM Treasury) on the offshore financial centres group.

Mr. Chaytor

To ask the Chancellor of the Exchequer what steps Her Majesty's Government are taking to ensure that the UK representatives to the Financial Stability Forum working groups on short-term capital flows, highly leveraged institutions and offshore financial centres consult with international development non-Governmental organisations in the UK. [87685]

Ms Hewitt

We would welcome views from international development non-governmental organisations and any other groups or individuals interested in the work of the Financial Stability Forum working groups. These should be sent to the UK representatives on the groups: Howard Davies (Chairman, Financial Services Authority), who is chairing the highly leveraged institutions group; Paul Tucker (Deputy Director, Bank of England), on the short-term capital flows group; and Joseph Halligan (Head of International Financial Services team, HM Treasury) on the offshore financial centres group.

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