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592910
registered interest false more like this
date less than 2016-10-03more like thismore than 2016-10-03
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Financial Services: Marketing more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty’s Government what plans they have to restrict the advertising and promotion of primary option trading and investment to retail investors in the UK by firms based in Cyprus and Malta. more like this
tabling member printed
Lord Myners more like this
uin HL2036 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-10-17more like thismore than 2016-10-17
answer text <p>The government takes this issue very seriously.</p><p> </p><p>The government will introduce measures to strengthen investor protection when it transposes the Markets in Financial Instruments Directive II (MiFID II).</p><p> </p><p>This will include powers for the Financial Conduct Authority (FCA) to prohibit or restrict the marketing, distribution or sale of financial instruments, including relevant binary options where there are significant investor protection concerns.</p><p> </p><p>These powers will apply from 3 January 2018.</p> more like this
answering member printed Lord Young of Cookham more like this
question first answered
less than 2016-10-17T12:36:00.057Zmore like thismore than 2016-10-17T12:36:00.057Z
answering member
57
label Biography information for Lord Young of Cookham remove filter
tabling member
3869
label Biography information for Lord Myners more like this