Vedanta Hedging was today praised by Secretary of State and Cabinet Minister Rt. Hon Sajid Javid MP for ‘doing good work in increasing transparency’ in relation to our work in derivatives.
Although we have at times disagreed with the statements by Sajid Javid when he was Financial Secretary to the Treasury, he had always taken the time to listen to our views and concerns and was happy to debate them. We were able to have technical conversations with Mr Javid due to his background as a former MD at Deutsche Bank.
He was also the Minister that listened and responded on behalf of the Government to the back-bench parliamentary debate in October 2013 on the topic of mis-sold derivatives.