Shareholders: Sanctions

Treasury written question – answered at on 20 March 2018.

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Photo of Mike Penning Mike Penning Conservative, Hemel Hempstead

To ask Mr Chancellor of the Exchequer, what steps he takes to ensure that funds raised by companies through initial public offerings in London do not finance companies under US and EU sanctions; and if he will make a statement.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

I refer the honourable member to the reply I gave on 16 March 2018 to his previous question, no. 132256.

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