A question on #ForeignExchange tabled by Baroness Bennett of Manor Castle on 02-04-2025 has been answered by Lord Livermore.

Heading: Foreign Exchange
Question ID: 1791921
UIN: HL6472
House: Lords
Date tabled: 2025-04-02
Asking Member ID: 4719
Asking Member display name: Baroness Bennett of Manor Castle
Asking Member handle: natalieben
Asking Member Twitter reference: @natalieben
Member interest: false
Question text: To ask His Majesty's Government what assessment they have made of (1) the possibility of, and (2) dangers from, a 'liquidity mirage' in foreign exchange markets.
Is named day: false
Date of holding answer:
Date answered: 2025-04-09
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4559
Answering Member display name: Lord Livermore
Answering Member handle:
Answering Member Twitter reference: Lord Livermore
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: The Bank of England’s Financial Policy Committee is responsible for identifying, monitoring and addressing any risks that threaten the resilience of the UK financial system, including foreign exchange markets. UK regulators, and the Bank of England, in co...
Original answer text:
Comparable answer text:
Answering body ID: 14
Answering body name: Treasury
Tweeted: true