§ Mr. PatnickTo ask the Secretary of State for Foreign and Commonwealth Affairs if, in the light of the recent study by Coopers and Lybrand of the development of the offshore financial sectors in the Turks and Caicos Islands, there is any intention to extend this scrutiny to other dependent territories in the Caribbean.
§ Mr. EggarAfter consultation with the dependent territory Governments concerned, Coopers and Lybrand, acting as financial consultants to Her Majesty's Government, have been appointed to carry out a review covering the regulation of the offshore financial sectors in Anguilla, Montserrat, the British Virgin Islands, the Cayman Islands and the Turks and Caicos Islands. The terms of reference for this consultancy will be placed in the House of Commons Library.