Nicholas Soames: To ask the Chancellor of the Exchequer what European legislation and regulations have been passed affecting the UK financial services sector in each of the last five years; and what legislative proposals are being considered in the EU that may affect the UK financial services sector. [76438]

Mark Hoban MP; Financial Secretary to the Treasury [holding answer 24 October 2011]: All European legislation and regulations, including in each of the last five years, are publically available for free on the European Union law website, EUR-Lex, http://eur-lex.europa.eu/

Legislative proposals for the financial services sector which are currently being considered in the co-decision process includes regulations and directives covering Short Selling, European Market Infrastructure, Capital Requirements, Markets in Financial Instruments, Market Abuse, Deposit Guarantee Schemes, Investor Compensation Schemes, Mortgages, Transparency, and a Financial Transaction Tax.