Stock Market

Treasury written question – answered on 8th June 2018.

Alert me about debates like this

Photo of Luke Graham Luke Graham Conservative, Ochil and South Perthshire

To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential merits of introducing regional stock exchanges throughout the UK; and if he will make a statement.

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

The Government conducted a consultation in 2010 that sought views on regional exchanges

As noted in the Government’s response almost all respondents to the consultation did not favour the introduction of such exchanges (https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/253763/bis-10-1242-financing-business-growth-response.pdf).

There are no legislative barriers preventing market participants from setting up regionally-focused exchanges, provided they receive the required approvals from the Financial Conduct Authority.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.