24 November 2004
Written statement on the Regulation of Investment Trust Companies
The Financial Secretary to the Treasury (Mr Stephen Timms) : The Treasury is today launching a consultation on the regulation of investment trust companies.
This is in response to a recommendation made by the Treasury Committee in its report into split-capital investment trusts in February 2003.
The aim of the consultation is to stimulate discussion about whether there is a need for additional regulation and, if so, possible options for doing so.
Copies of the consultation paper are available from the Library of the House, and the document can also be accessed on the Treasury website.