Kaupthing Singer and Friedlander: Isle of Man

Treasury written question – answered on 26th January 2009.

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Photo of Barry Sheerman Barry Sheerman Chair, Children, Schools and Families Committee, Chair, Children, Schools and Families Committee

To ask the Chancellor of the Exchequer how many UK citizens he estimates have lost their savings as a result of the collapse of Kaupthing Singer and Friedlander Isle of Man bank.

Photo of Ian Pearson Ian Pearson Parliamentary Under-Secretary (Economic and Business), Department for Business, Enterprise & Regulatory Reform, Economic Secretary (Economic and Business), HM Treasury

The UK Government and the Financial Services Authority do not hold such information.

Arrangements for depositors in banks in the Isle of Man are a matter for the Government of the Isle of Man.

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