Written questions

Defence, Security and Resilience Bank Development Group

Lords · Question HL3370 · Tabled 9 Sep 2026 · Treasury · Official record

Answered 23 Sep 2026

Question

Asked by Lord Spellar

To ask His Majesty's Government what progress they have made in discussions regarding UK involvement in the proposed Defence, Security and Resilience Bank.

Answer

Answered by Lord Pitt-Watson, 23 Sep 2026

The UK and Canada share a common objective of strengthening Allied defence industrial capacity through closer international cooperation. The Multilateral Defence Mechanism (MDM) and Canada's proposed Defence, Security and Resilience Bank (DSRB) are intend...