§ Mr. CousinsTo ask the Secretary of State for Trade and Industry what representations he has received about the exclusion of promises to pay binding in Scots law from the investors compensation scheme; and from whom.
§ Mr. RedwoodThe rules and operation of the investors compensation scheme are a matter for the Securities and Investments Board.
§ Mr. CousinsTo ask the Secretary of State for Trade and Industry (1) what representations he has had about the protected withdrawal of insurance cover for the investors' compensation scheme; and whom those representations were from;
(2) what representations he has received about the funding of the investors compensation scheme; and from whom.
§ Mr. RedwoodThe funding arrangements of the investors compensation scheme are a matter for the Securities and Investments Board.