Asked by: Kate Osamor (Labour (Co-op) - Edmonton and Winchmore Hill)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will make an assessment of the implications for his policies of the Financial Conduct Authority's decision to end its review into HSBC.
Answered by Harriett Baldwin - Shadow Minister (Business and Trade)
The FCA are operationally independent of Government. They are responsible for deciding how to carry out their functions, and for assessing the implication of their actions.