Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what the notional value is of derivatives held by banks regulated by the UK authorities.

The Financial Policy Committee of the Bank of England publishes the growth in the notional value of derivatives (see link below).

http://www.bankofengland.co.uk/publications/Documents/fsr/2015/scrdec15.xlsx

This indicates that notional derivatives growth was -25.9% as of 20 November 2015.

The Financial Policy’s Committee’s indicator includes all major UK banks.

Individual bank derivatives exposures may also be found in their published annual reports.