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228775
star this property registered interest false more like this
star this property date less than 2015-03-20more like thismore than 2015-03-20
star this property answering body
HM Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Financial Services more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, if he will request the Financial Conduct Authority to ensure that its investigation into the Connaught Income Fund Series 1 will result in adequate compensation for investors in that fund; and if he will request a timescale for the payment of such compensation. more like this
star this property tabling member constituency Aberconwy more like this
star this property tabling member printed
Guto Bebb more like this
star this property uin 228574 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2015-03-26more like thismore than 2015-03-26
star this property answer text <p>I was very sorry to hear about the difficulties faced by investors in the Connaught Income Fund Series 1 and hope that the Financial Conduct Authority (FCA) are able to finalise their investigation promptly.<br> <br> On 10 March, the FCA provided an update on proceedings which can be found here:</p><p><br> <a href="https://www.fca.org.uk/news/fca-statement-on-connaught" target="_blank">https://www.fca.org.uk/news/fca-statement-on-connaught</a><br> <br> The FCA is operationally independent from Government and carries out its functions within the framework of statutory objectives and duties agreed by Parliament. In view of the FCA’s independence it would not be appropriate for the Treasury to comment further on this ongoing investigation.</p> more like this
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property grouped question UIN
228573 more like this
228575 more like this
star this property question first answered
remove filter
unstar this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
3910
unstar this property label Biography information for Guto Bebb more like this