PoliticalRepoPoliticalRepo

United Kingdom · Question · Written question

UIN 171396

Banks: Finance

answeredUnited Kingdom· UK Parliament· EN

Introduced

22 March 2023

Last action

27 March 2023 · Answer

Status

Answered

Sponsors

Subjects

Discovery layer

Source updated

27 March 2023

Summary

To ask the Chancellor of the Exchequer, what the value of Additional Tier 1 bonds supporting UK banks is; and what assessment he has made of the potential impact of the takeover of Credit Suisse on UK Banks' ability to issue those bonds in the future.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 22 March 2023

    Written question

    To ask the Chancellor of the Exchequer, what the value of Additional Tier 1 bonds supporting UK banks is; and what assessment he has made of the potential impact of the takeover of Credit Suisse on UK Banks' ability to issue those bonds in the future.

    Source: Commons

  2. 27 March 2023

    Answer

    As noted by the Chancellor on Monday 20 March, the Government welcomes the steps taken by the Swiss authorities in relation to Credit Suisse to support financial stability. The Bank of England published a statement to reiterate the creditor hierarchy in t...

    Source: Written answer

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

No documents linked.

Sponsors

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.