Treasury written question – answered at on 19 March 2009.
To ask the Chancellor of the Exchequer what the relationship between his Department, UK Financial Investments Ltd and Jerseyco referred to in the bank recapitalisation agreements is; and who regulates Jerseyco's activities in the UK.
Neither HM Treasury nor UKFI has any contractual arrangement or other direct relationship with the companies referred to as "Jerseyco" in the recapitalisation agreements.
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