Asked by: Andrew Rosindell (Conservative - Romford)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will consider the potential merits of the Government issuing an apology to the Icelandic people for using section 4 of the Anti-terrorism, Crime and Security Act 2001 to seize Icelandic bank assets between 2008 and 2011.
Answered by Andrew Griffith - Shadow Secretary of State for Science, Innovation and Technology
The Anti-terrorism, Crime and Security Act 2001 contains a broad range of provisions, and the Government has been clear that the Landsbanki Freezing Order 2008 was not made on the basis of the anti-terrorism provisions within the Act.
The decision to protect UK depositors in Icelandic banks was made after extensive conversations with the Icelandic Government who, at the time, were unable to provide assurances regarding the position of UK creditors following Landsbanki being placed into receivership in October 2008. This presented a serious risk that the rights of UK creditors would be prejudiced compared with those of others, which would have had an extremely detrimental impact on the UK economy at a time of unprecedent disturbances in the financial sector.
The Government believes that it was right to take urgent action to protect financial stability within the United Kingdom.
HM Treasury subsequently revoked the freezing orders on Landsbanki on 15 June 2009, without the normal notification period, as commitments made by the Icelandic Government in respect of depositors removed the threats to UK economic interests that had caused HMT to make the original Orders.
The UK greatly values its historic relationship with Iceland, with diplomatic relations stretching back over 80 years, and the Government will continue to ensure our bilateral and regional cooperation remains strong.
Jul. 03 2008
Source Page: List of flights where the UK government has been alerted to concerns regarding rendition through the UK, it overseas territories or the Crown dependencies. 13 p.Found: RESEARCH ON THE PLANES USED BY THE CIA (EUROPEAN PARLIAMENT) N6161Q 23/02/2002 GLASGOW UK REYKJAVIK ICELAND
Jul. 09 2024
Source Page: Icelandic Lamb (Íslenskt lambakjöt) PDO: opportunity to objectFound: Iceland has recently requested protection of Icelandic Lamb (Íslenskt lambakjöt) protected designation
Asked by: Stephen Doughty (Labour (Co-op) - Cardiff South and Penarth)
Question to the Foreign, Commonwealth & Development Office:
To ask the Deputy Foreign Secretary, when he last had discussions on the security of the (a) North Atlantic and (b) Arctic with his counterparts in (i) Iceland, (ii) Norway, (iii) the Faroe Islands, (iv) Greenland, (v) Denmark, (vi) Canada and (vii) the US.
Answered by Nusrat Ghani
We regularly discuss the security of the North Atlantic and Arctic with Allies and Partners, including through NATO and the UK-led Joint Expeditionary Force. The Government's Arctic Policy Framework, Looking North: The UK and the Arctic, complemented by the UK's Defence Contribution in the High North, set out the UK's aspiration for a safe, secure and peaceful region. We will continue to work with Allies and Partners to ensure the long-term security and stability of the region.
Apr. 26 2024
Source Page: Government Operational Research Service - Mainstream RecruitmentFound: Commonwealth countries who have the right to work in the UK nationals of the EU, Switzerland, Norway, Iceland
Jul. 05 2023
Source Page: Company Names Tribunal decision: Iceland Groceries LimitedFound: Company Names Tribunal decision: Iceland Groceries Limited
Mar. 13 2024
Source Page: Minister for Energy attendance at the Arctic Circle conference in Reykjavik in October 2023: FOI releaseFound: Why this site and not one of the many other geothermal plants in Iceland?
Apr. 18 2024
Source Page: Hungary: bereavement informationFound: Slovenia bereavement: death abroad China bereavement: death abroad Jordan bereavement: death abroad Iceland
Apr. 26 2024
Source Page: Government Operational Research Service - Sandwich Student SchemeFound: Commonwealth countries who have the right to work in the UK nationals of the EU, Switzerland, Norway, Iceland
Apr. 26 2024
Source Page: Government Operational Research Service - Fast StreamFound: Commonwealth countries who have the right to work in the UK nationals of the EU, Switzerland, Norway, Iceland