Treasury Committee: Press Notice

21 January 2009: For Immediate Release

TREASURY COMMITTEE ANNOUNCES WITNESSES FOR SESSION ON THE PROTECTION OF UK CITIZENS INVESTING FUNDS IN NON-UK JURISDICTIONS

As part of its inquiry into the Banking Crisis the Treasury Committee will take evidence from the following:

Time and date: Tuesday 3 February at 9.45 am, Thatcher Room, Portcullis House

9:45 am

  • Ziggy Sieczko, KSFIOM Action Group
  • Neil Dickens, Landsbanki Guernsey Depositors’ Action Group
  • Chris Cummings, Director General, Association of Independent Advisers (AIFA)
  • Councillor Richard Kemp, Vice-Chairman, Local Government Association
  • Dr John Low, Chief Executive, Charities Aid Foundation

10.45 am

  • Tony Shearer, former Chief Executive of Singer and Friedlander Group Plc

11.15 am

  • Hon Tony Brown MHK, Chief Minister, and Mark Shimmin, Chief Financial Officer, Isle of Man, and John Aspden, Isle of Man Financial Supervision Commission
  • Lyndon Trott, Chief Minister, States of Guernsey, and Peter Neville, Director General of the Guernsey Financial Services Commission

The evidence session is expected to focus on:

  • The protection of UK citizens investing funds in non-UK jurisdictions.
  • The impact of deposit protection on both consumers and competition.
  • The role of financial advisers in the banking crisis.
  • The impact of the banking crisis on consumer confidence in financial institutions.

Details of further evidence sessions for the Banking Crisis inquiry will be announced in due course.

Written evidence relating to the inquiry has now gone online at: http://www.parliament.uk/parliamentary_committees/treasury_committee/bankingcrisis.cfm

This will be updated as the inquiry progresses.