Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, when the Financial Services Authority was informed of the possibility of UK financial institutions being used to carry out illegal transactions related to FIFA; what steps the Authority took to investigate; and when he was informed about that possibility.

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 honourable member by letter. A copy of the letter will be placed in the Library of the House