FOREIGN EXCHANGE MARKETS AND BANKS

Early day motion 520, tabled 18 November 2014 by Lord Mann (Labour). Signed by 17 members.

That this House condemns the manipulation of the foreign exchange market by bankers at RBS, HSBC, Citibank, JP Morgan Chase and UBS; welcomes the decision by the Financial Conduct Authority to fine those banks £1.1 billion; and furthermore calls on the Government to regulate the foreign exchange market and all benchmarks that are used as the basis for fixed income, currency and commodity trading.

Signatures by party: Labour 10, DUP 2, Liberal Democrat 2, Independent 1, Plaid Cymru 1, Respect 1.