§ Mr. Prisk
To ask the Chancellor of the Exchequer (1) what discussions officials from his Department have had with representatives of(a) the Association of Chartered Certified Accountants, (b) the European Federation of Accountants and Auditors and (c) the Institute of Chartered Accountants in England and Wales concerning proposals for quarterly corporate reporting; 
(2) what recent discussions officials from his Department have had with officials from the European Union on proposals for quarterly corporate reporting. 
§ Ruth Kelly
Treasury officials have raised the issue of quarterly reporting with European Commission officials in the context of a draft proposal for a directive on the transparency obligations of companies with securities traded on regulated markets in the European Union.
Treasury officials have informally consulted a wide range of representatives of the business community on this draft proposal for a directive, and will continue to do so. These discussions have not involved the three organisations to which the question refers, although it is intended that consultation will be broadened to include, for example, representatives of the accountancy and auditing professions.