Question to the HM Treasury:

To ask His Majesty's Government whether the Government Actuary was consulted by Reclaim Fund Ltd when it implemented the Internal Capital Guidance issued by the Financial Conduct Authority for reserves under the Dormant Assets Acts 2008 to 2022.

The Internal Capital Guidance was set and implemented whilst Reclaim Fund Ltd was a private company, as such it did not have access to the Government Actuary‘s Department. Nonetheless Reclaim Fund Ltd received, and continues to receive, external specialist advice.