Financial Services: Regulation
(asked on 19th April 2016) - View Source
Question to the HM Treasury:
To ask Her Majesty’s Government what assessment they have made of which Crown Dependencies and British Overseas Territories, if any, fall short of the required standards for the regulation of their financial services.
This question was answered on 4th May 2016
The regulation of financial services are domestic responsibilities of the governments of the Crown Dependencies and the Overseas Territories. The Crown Dependencies and other British Overseas Territories are encouraged by the UK to meet internationally agreed standards and assessed according to the relevant international practice.