Kelvin Hopkins – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Kelvin Hopkins on 2016-03-16.

To ask Mr Chancellor of the Exchequer, what the notional value is of derivatives held by banks regulated by the UK authorities.

Harriett Baldwin

The Financial Policy Committee of the Bank of England publishes the growth in the notional value of derivatives (see link below).

http://www.bankofengland.co.uk/publications/Documents/fsr/2015/scrdec15.xlsx

This indicates that notional derivatives growth was -25.9% as of 20 November 2015.

The Financial Policy’s Committee’s indicator includes all major UK banks.

Individual bank derivatives exposures may also be found in their published annual reports.

“