Investment Banks: Client Protection - Question

Part of the debate – in the House of Lords am 3:22 pm ar 13 Mehefin 2018.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Lord Lee of Trafford Lord Lee of Trafford Democratiaid Rhyddfrydol 3:22, 13 Mehefin 2018

To ask Her Majesty’s Government, in the light of the current Beaufort Securities situation, what steps they are contemplating to ensure that client assets are protected and ring-fenced from administrators of failed stockbroking or fund managements firms operating under rule 135 of the Investment Bank Special Administration (England and Wales) Rules 2011 (SI 2011/1301).