Swiss Bank Corporation

EDM number 410 in 1994-95, proposed by John Cummings on 18/01/1995.

That this House notes with concern the announcement by the Stock Exchange on Wednesday 18th January that it proposes no action with regard to the conduct of Swiss Bank Corporation and its innovative market making activities; notes the extensive trading in derivatives and contracts for differences over the last four years; and calls on the Government to exert sufficient control over the regulatory bodies in order to prevent the further exploitation of regulatory loopholes.

This motion has been signed by a total of 40 MPs.