§ Mr. MorganTo ask the Secretary of State for Foreign and Commonwealth Affairs what proposals he has to regulate banking deposits by United Kingdom citizens in bank accounts registered in the Cook islands; and if he will make a statement.
§ Mr. Douglas HoggNone. The regulation of banking services in the Cook islands is a matter for the Cook islands authorities.
§ Mr. MorganTo ask the Secretary of State for Foreign and Commonwealth Affairs what consultations he has had with his opposite number in the European Union in relation to the regulation of the trade in financial services between the United Kingdom and the Cook islands.
§ Mr. Douglas HoggNone. The marketing of financial services in the United Kingdom is regulated under United Kingdom and European Community law.