Treasury Committee press notice no.37

Session 2006-07, 22 March 2007

Unclaimed assets within the financial system: Treasury Committee invites further evidence

The Treasury Select Committee has decided to provide a further opportunity for the submission of written evidence as part of its inquiry into Unclaimed assets within the financial system announced on 17 January 2007 [Note 1]. The Committee is particularly interested in receiving additional written evidence arising from-

»HM Treasury’s document published on 20 March 2007 entitled A UK Unclaimed Assets Scheme: a consultation [see Note 2];

»The publication issued by the Commission on Unclaimed Assets on 14 March 2007 entitled The Social Investment Bank- its organisation and role in driving development of the third sector [see Note 3]; and

»The document expected to be issued by the Commission on Unclaimed Assets shortly on consumer protection and regulation.

Written evidence should comply with the guidance in Note 4 to this press notice and, in particular, should reach the Committee by Friday 13 April 2007 at 12 noon.

Those who have previously submitted written evidence to the Committee in response to the Committee’s press notice of 17 January are asked to explain clearly whether their new written evidence is supplementary written evidence or is intended to supersede and replace their original submission.

Those who have not previously submitted written evidence in response to the original press notice of 17 January are most welcome to do so, but are asked to bear in mind the issues relating to the scope of the inquiry set out in that press notice.

1. For the text of the Committee’s press notice of 17 January 2007 announcing the inquiry, see:

2. For the Treasury’s consultation document on an Unclaimed assets scheme, see:

3. For the recent relevant work of the Commission on Unclaimed Assets, see:

4. Written evidence should be in Word or rich text format-not PDF format-and sent by e-mail to The body of the e-mail must include a contact name, telephone number and postal address. The e-mail should also make clear who the submission is from. The deadline is Friday 13 April 2007 at 12.00 noon.
Submissions should address the terms of reference. They should be in the format of a self-contained memorandum and should be no more than 3,000 words in length. Paragraphs should be numbered for ease of reference, and the document must include an executive summary. Further guidance on the submission of evidence can be found at Submissions should be original work, not previously published or circulated elsewhere. Once submitted, your submission becomes the property of the Committee and no public use should be made of it unless you have first obtained permission from the Clerk of the Committee. Please bear in mind that Committees are not able to investigate individual cases.
The Committee normally, though not always, chooses to publish the written evidence it receives, either by printing the evidence, publishing it on the internet or by making it publicly available through the Parliamentary Archives. If there is any information you believe to be sensitive you should highlight it and explain what harm you believe would result from its disclosure; the Committee will take this into account in deciding whether to publish or further disclose the evidence.
For data protection purposes, it would be helpful if individuals wishing to submit written evidence send their contact details in a covering letter. You should be aware that there may be circumstances in which the House of Commons will be required to communicate information to third parties on request, in order to comply with its obligations under the Freedom of Information Act 2000.