To ask the Chancellor of the Exchequer whether he has discussed with the Isle of Man Government the provision of a Treasury loan secured against the assets of Kaupthing, Singer and Friedlander frozen by the Government in order to enable UK depositors in Kaupthing, Singer and Friedlander (Isle of Man) to access their deposited funds.
Treasury Ministers and officials have meetings and discussions with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery. As was the case with previous Administrations, it is not the Government's practice to provide details of all such meetings and discussions.
Arrangements for depositors in banks in the Isle of Man are a matter for the Government of the Isle of Man. Deposits with Kaupthing, Singer and Friedlander, Isle of Man, will be subject to the Isle of Man deposit compensation scheme. This matter was discussed at the Treasury Select Committee on