§ Mrs. LawrenceTo ask the Chancellor of the Exchequer what New Zealand investment exchanges have been recognised this year as overseas investment exchanges in the UK under sections 37 and 40 of the Financial Services Act 1986. [118941]
§ Miss Melanie JohnsonThe New Zealand Futures and Options Exchange Ltd. (NZFOE) has been granted recognition as an Overseas Investment Exchange as of today, having satisfied the conditions under sections 37 and 40 of the Financial Services Act 1986. NZFOE is therefore able to carry out investment business in the UK.