Results 1–20 of 170 for kaupthing

Written Ministerial Statements — Treasury: Asset Sale Disclosure (9 Sep 2019)

John Glen: I am informing the House of the sale of the remainder of a claim against Kaupthing Singer & Friedlander Limited (in administration) (“KSF”) acquired by the government during the 2007-2008 financial crisis. The government’s claim was held by the Financial Services Compensation Scheme (“FSCS”) which compensated KSF depositors at the time of the financial crisis. This sale to Tavira...

Written Answers — HM Treasury: Banks: Iceland (23 Nov 2015)

Harriett Baldwin: ...authorities in order to complete the recovery process from the failed Icelandic banks. In total, £8.64 billion was paid out by HM Treasury to compensate UK depositors of the Icelandic banks Kaupthing, Singer and Friedlander Ltd (KSF), Heritable Bank plc and Landsbanki (Icesave). All eligible UK retail depositors were fully compensated. To date, the Treasury has recovered £7.71 billion...

Written Answers — Attorney General: Serious Fraud Office: Finance (15 Oct 2015)

Robert Buckland: ...Expenditure, or any income from costs awards or other recoveries. The blockbuster funding during this period also includes support for civil litigation costs relating to the investigation into Kaupthing. As has been explained in response to previous questions from Members, it is not appropriate to provide a breakdown of the funding allocated to each SFO investigation.

Business of the House (30 Jan 2014)

Barry Sheerman: Is the Leader of the House aware that at this very moment, the Icelandic Government and Kaupthing Bank, aided and abetted by the accountants Grant Thornton, are filching hundreds of millions of pounds from the UK taxpayer? May we have an early debate on that? It is losing our taxpayers an enormous sum, and nobody in the Treasury seems to care about it.

Business of the House (16 Jan 2014)

Barry Sheerman: ...auditing processes—or a lack of them—regarding the banking scandal. May I point him to a particular worry about a company called Grant Thornton, which is involved in a relationship with Kaupthing bank in the context of the Icelandic banking collapse? The relationship between that bank and the Serious Fraud Office is a matter of much speculation, and it is believed that £400 million of...

Written Answers — House of Lords: Banks: Iceland (29 Aug 2013)

Lord Laird: ...on 18 March (WA 96-7), what recent developments there have been in relation to HM Treasury’s claims for £2.413 billion in the administration of Icesave (Landsbanki hf), Heritable Bank plc and Kaupthing Singer & Friedlander Ltd; how much money has been repaid by the Icelandic Depositors and Investor Guarantee Fund; and whether they now expect to have to write off any of those banks’ debts.

Written Answers — House of Lords: Banks: Iceland (18 Mar 2013)

Lord Laird: ...of the Icelandic Depositors' and Investors' Guarantee Fund; if so, at what rate; and what are the current amounts of HM Treasury's claims in the administration of Landsbanki, Heritable Bank plc and Kaupthing Singer & Friedlander Ltd (KSF).

Written Answers — House of Lords: Banks: Iceland (25 Feb 2013)

Lord Deighton: ...the Icelandic Depositors' and Investors' Guarantee Fund when it failed during the financial crisis. Details of HM Treasury's claims in the administration of Landsbanki h.f., Heritable Bank Plc and Kaupthing Singer & Friedlander Ltd (KSF) are set out in Sections 30, 31 and 33 of the Treasury Annual Reports and Accounts 2011-12.1 Further details will be published in the Treasury Annual...

Written Answers — Attorney-General: Serious Fraud Office (23 Jan 2013)

Oliver Heald: The Serious Fraud Office (SFO) spent £1,334,000 on non-staff case costs relating to the Kaupthing bank investigation and subsequent judicial review brought against it by Rawlinson and Hunter Trustees and others, and Robert Tchenguiz and R20, over a four-year period to 31 December 2012; It is not possible to break these costs down between the investigation and the judicial review. Payment on...

Public Bill Committee: Defamation Bill: Clause 9 - Action against a person not domiciled in the UK or a Member State etc (26 Jun 2012)

Ben Gummer: ...hon. Gentleman and the right hon. Gentleman are problems with the decision of the court, as they see it, but not necessarily with the parties concerned. It is all right to bring up the example of Kaupthing, which might be reasonable in retrospect, but that was a problem with the decision of the court and not with what he sees as libel tourism. Had Kaupthing been a British bank and the...

Written Ministerial Statements — Treasury: Kaupthing Singer & Friedlander Ltd (25 Jun 2012)

Mark Hoban: Kaupthing Singer & Friedlander Ltd (KSF) was the UK subsidiary of the Icelandic bank Kaupthing bank hf. On 8 October 2008, the Financial Services Authority (FSA) decided that KSF was in breach of its threshold conditions under the Financial Services and Markets Act 2000 (FSMA) and that it should be prohibited from accepting any new deposits. Treasury officials have prepared a note on the...

Written Ministerial Statements — Treasury: Financial Services Compensation Scheme (16 Apr 2012)

Mark Hoban: ...Scheme (FSCS) have agreed revised terms on the loans made by HM Treasury to the FSCS in 2008-09 in relation to the resolutions of Bradford and Bingley plc, Heritable Bank plc, Landsbanki Islands, Kaupthing Singer & Friedlander Ltd, and London Scottish Bank plc. The amount outstanding under these facilities is as follows: Bradford and Bingley £15.65 billion; Landsbanki £1billion;...

Written Answers — Treasury: Banks: Iceland (14 Mar 2012)

Mark Hoban: ...Annual Reports and Accounts 2011-12. The Government have exposure to three Icelandic banks in respect of compensation payments to UK depositors: Landsbanki (Icesave), Heritable Bank plc and Kaupthing Singer and Friedlander (KSF). However, Heritable Bank plc and KSF are UK-based banking subsidiaries of Icelandic banks and are regulated by the Financial Services Authority (FSA). As such,...

Written Answers — House of Lords: Banking: Iceland (9 Nov 2011)

Lord Sassoon: The Government have exposure to three Icelandic banks in respect of compensation payments to UK depositors: Landsbanki (Icesave), Heritable Bank Plc and Kaupthing Singer and Friedlander (KSF). Heritable Bank Plc and KSF are UK-based banking subsidiaries of Icelandic banks and are regulated by the Financial Services Authority (FSA). As such, there is no liability from the Icelandic...

Written Answers — Treasury: Local Government: Bank Services (1 Nov 2011)

Bob Neill: ...2008, local authorities in (a) West Yorkshire and (b) England had a total of £10 million and £929.2 million respectively invested in Icelandic banks. The UK administrators of Heritable and Kaupthing, Singer and Friedland Ltd, have published information on likely rates of return. Local authorities are in direct contact with these administrators. For the two failed banks in administration...

Written Answers — Communities and Local Government: Local Government: Bank Services (20 Oct 2011)

Bob Neill: Local authorities are receiving repayments from the two Icelandic banks in administration in the UK (Heritable and Kaupthing, Singer and Friedlander). For the two failed banks in administration in Iceland, Glitnir and Landsbanki, authorities are directly represented on the Resolution Committees, and are awaiting the decision of the Icelandic Supreme Court on priority status.

Business of the House (15 Sep 2011)

George Young: ...my colleagues. I am unsure whether there is any direct action that we can take on any debts of the Iceland Government, but he will know that there are some consequentials from the failure of the Kaupthing bank.

Written Answers — Treasury: Northern Rock (5 Sep 2011)

Mark Hoban: ...transfer of deposits or compensation payments to depositors in the five banks that went into default in autumn 2008. At 31 March 2010 £1.2 billion had been repaid through the administration of Kaupthing, Singer & Friedlander (KSF). The outstanding loan balance in respect of KSF was £163 million under the HM Treasury liability and £1.8 billion under the FSCS liability. At 31 March 2010...

Written Answers — House of Lords: Banking: Iceland (11 Jul 2011)

Lord Laird: ...Answer by Lord Sassoon on 14 February (WA 101), what charges have been made to date by Ernst and Young for their work on the administration process and recovery of money from Heritable Bank plc, Kaupthing Singer and Friedlander and the Landsbanki Resolution Committee; and how much has been so recovered to date.

Written Answers — House of Lords: Banking: Iceland (7 Jul 2011)

Lord Laird: ...ask Her Majesty's Government, further to the Written Answer by Lord Sassoon on 20 June (WA 225), whether they will investigate further the reasons for 32 customers not reclaiming £167 million from Kaupthing Singer and Friedlander Bank despite the Government's guarantee of such Icelandic bank deposits over £50,000; why they are maintaining this open-ended guarantee; and when they estimate...


1 2 3 4 5 6 7 8 9 > >>

Create an alert

Did you find what you were looking for?

Advanced search

Find this exact word or phrase

You can also do this from the main search box by putting exact words in quotes: like "cycling" or "hutton report"

By default, we show words related to your search term, like “cycle” and “cycles” in a search for cycling. Putting the word in quotes, like "cycling", will stop this.

Excluding these words

You can also do this from the main search box by putting a minus sign before words you don’t want: like hunting -fox

We also support a bunch of boolean search modifiers, like AND and NEAR, for precise searching.

Date range

to

You can give a start date, an end date, or both to restrict results to a particular date range. A missing end date implies the current date, and a missing start date implies the oldest date we have in the system. Dates can be entered in any format you wish, e.g. 3rd March 2007 or 17/10/1989

Person

Enter a name here to restrict results to contributions only by that person.

Section

Restrict results to a particular parliament or assembly that we cover (e.g. the Scottish Parliament), or a particular type of data within an institution, such as Commons Written Answers.

Column

If you know the actual Hansard column number of the information you are interested in (perhaps you’re looking up a paper reference), you can restrict results to that; you can also use column:123 in the main search box.