Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the level of potential exposure to risk transferred to the public purse due to the introduction of the Financial Services Compensation Scheme.

The Treasury publishes annually an assessment of risk from the Government’s financial interventions, including the risk borne by the Financial Services Compensation Scheme (FSCS) due to these interventions. This was most recently disclosed in the Treasury Group 2014/15 Annual Accounts published in July last year.