§ Mr. CousinsTo ask the Secretary of State for Trade and Industry whether he intends to propose legislation to require British companies operating overseas to reveal information about the constraints on the remittance of overseas cash and other assets.
§ Mr. RedwoodIssues of this sort are better dealt with through accounting standards than in the law. I understand that this is one of the points which the Accounting Standards Board will be considering as it develops its work on accounting standards, taking into account the difficulties as well as the benefits which might flow from such a requirement.