Cyprus

(asked on 10th October 2014) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign and Commonwealth Affairs, how many UK nationals have been affected by the Cypriot government's decision to withdraw funds from bank accounts belonging to foreigners in 2013; how many such people were banking with Laiki Bank; and what steps the Government is taking to recover the funds of such citizens.


Answered by
David Lidington Portrait
David Lidington
This question was answered on 16th October 2014

We do not hold any figures relating to the number of UK nationals affected. Deposits in Cypriot banks are subject to the laws and regulations of the Republic of Cyprus, and we have no authority to intervene in individual cases. We recommend that British Nationals consider seeking independent professional advice regarding their assets overseas.

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