Treasury writes to FCA on insurance investigation leak: George Osborne has made clear the Government's concerns that FCA briefed a single journalist on its proposed work in the insurance sector, which led to significant trading in insurance company shares. He is pleased FCA is conducting a full investigation and expects to see it address many concerns including those on confidentiality and FCA's role in stability of financial markets. (Source: Treasury Writes to FCA on Insurance Leak)

Treasury reviews dormant bank accounts Act: Treasury has completed its review of the Dormant Bank and Building Society Accounts Act. The review considered how many dormant accounts have been transferred to the Reclaim Fund Ltd, how fast and by what means, and the effectiveness of arrangements to make clients aware of the systems and meet their reclaims. It concludes that there is no need to change the Act. (Source: Review of the Dormant Bank and Building Society Accounts Act 2008)

Treasury speaks on UK's international financial services: City Minister Sajid Javid spoke at CityWeek on domestic and EU financial services legislation, the renewed push for regulatory convergence in the context of G-20 and the Transatlantic Trade and Investment Partnership (TTIP), and initiatives of the UK Government such as the Financial Services Trade and Investment Board, the Investment Management Strategy and the promotion of the UK as a hub for Islamic and renminbi financial services. He said that the City will never be in a "post-reform" scenario, as one of the reasons for its success is that it never stops reforming. (Source: CityWeek Speech)

Treasury updates sanctions: Treasury has updated the sanctions lists in respect of Al-Qaida. (Source:Treasury Updates Sanctions)

Treasury seeks views for NRA: The Law Society has invited law firms to respond to a survey Treasury is carrying out for firms in the regulated sector which will help the UK authorities to finalise the UK's National Risk Assessment (NRA) of financial crime risks. The questionnaire closes on 25 April. (Source: Treasury Seeks Views for NRA)