questionText: To ask the Chancellor of the Exchequer, a) what assessment she has made of the potential impact on the international competitiveness of UK financial and legal services of instances in which High Court fraud judgments are not enforced overseas; and b) whether her Department has considered the potential implications of the High Court judgment in Njord Partners SMA-Seal LP & ors v Astir Maritime & ors [2024] for investor confidence in cross-border enforcement.
answerText: HM Treasury takes a range of factors into account when discussing financial services cooperation and market access with overseas jurisdictions, including the regulatory framework in those jurisdictions and the competitiveness of the UK market. HM Treasury...
heading: Financial Services and Legal Profession: Fraud