Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether the (a) Bank of England and (b) Financial Conduct Authority have a role in the (i) authorisation and (ii) regulation of bond sales (A) by and (B) on behalf of the Development Company for Israel in the UK.

The government does not comment on individual firms.

The Financial Conduct Authority (FCA) is the independent non-governmental body responsible for regulating and supervising the financial services industry. The FCA is responsible for authorising and supervising regulated firms, in line with their objectives, and for taking enforcement action where necessary.

This includes responsibility for the UK Prospectus Regime which sets out requirements firms must follow for the public issuance or admission of securities – including debt securities – on UK regulated markets.