Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what assessment the Financial Conduct Authority has made of the regulatory implications of use of the financial services messaging system Symphony.
This is an operational matter for the Financial Conduct Authority (FCA), who are operationally independent from Government.
The question has been passed on to the FCA. The FCA will reply directly to the Rt Hon Joan Ryan by letter. A copy of the letter will be placed in the Library of the House.