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1109342

registered interest
date	03/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	London Capital & Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, why the Financial Conduct Authority gave FCA regulated accreditation to London Capital and Finance (LC&F) on 7 June 2016 for LC&F's promotional activities and not its products; and for what reasons LC&F was permitted to market itself as regulated by the FCA.
tabling member constituency	Birmingham, Hall Green
tabling member printed	Mr Roger Godsiff
uin	240486
answer	answer is ministerial correction date of answer 10/04/2019 answer text <p>On 1 April, the Economic Secretary announced that he will use powers under the Financial Services Act 2012 to direct the Financial Conduct Authority (FCA) to launch an investigation into the events at London Capital &amp; Finance and the circumstances surrounding them. This followed a request from the FCA Chair, Charles Randell, to the Economic Secretary to launch such an investigation.</p><p> </p><p>The investigation will be led by an independent person appointed by the FCA, with the approval of HM Treasury. Further details of the independent investigation, including its terms, will be communicated in due course.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 240487 240488 240658 question first answered 10/04/2019 15:37:34 answering member 4051 label Biography information for John Glen
tabling member	304 label Biography information for Mr Roger Godsiff

1109344

registered interest
date	03/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	London Capital & Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether the Financial Conduct Authority was aware of the level of commission payments made to Surge Financial for promoting London Capital & Finance minibonds.
tabling member constituency	Birmingham, Hall Green
tabling member printed	Mr Roger Godsiff
uin	240487
answer	answer is ministerial correction date of answer 10/04/2019 answer text <p>On 1 April, the Economic Secretary announced that he will use powers under the Financial Services Act 2012 to direct the Financial Conduct Authority (FCA) to launch an investigation into the events at London Capital &amp; Finance and the circumstances surrounding them. This followed a request from the FCA Chair, Charles Randell, to the Economic Secretary to launch such an investigation.</p><p> </p><p>The investigation will be led by an independent person appointed by the FCA, with the approval of HM Treasury. Further details of the independent investigation, including its terms, will be communicated in due course.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 240486 240488 240658 question first answered 10/04/2019 15:37:34 answering member 4051 label Biography information for John Glen
tabling member	304 label Biography information for Mr Roger Godsiff

1109345

registered interest
date	03/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	London Capital & Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether Surge Financial was required to be regulated by the FCA when promoting London Capital and Finance’s (LC&F) mini-bonds, following the FCA's granting of regulated accreditation to LC&F on 7 June 2016 for promotional activities and not products.
tabling member constituency	Birmingham, Hall Green
tabling member printed	Mr Roger Godsiff
uin	240488
answer	answer is ministerial correction date of answer 10/04/2019 answer text <p>On 1 April, the Economic Secretary announced that he will use powers under the Financial Services Act 2012 to direct the Financial Conduct Authority (FCA) to launch an investigation into the events at London Capital &amp; Finance and the circumstances surrounding them. This followed a request from the FCA Chair, Charles Randell, to the Economic Secretary to launch such an investigation.</p><p> </p><p>The investigation will be led by an independent person appointed by the FCA, with the approval of HM Treasury. Further details of the independent investigation, including its terms, will be communicated in due course.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 240486 240487 240658 question first answered 10/04/2019 15:37:34 answering member 4051 label Biography information for John Glen
tabling member	304 label Biography information for Mr Roger Godsiff

1109411

registered interest
date	03/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Department for Transport: Public Expenditure
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether spending plans for the Department for Transport in the next Spending Review will align with environmental objectives and the Climate Change Act.
tabling member constituency	Birmingham, Hall Green
tabling member printed	Mr Roger Godsiff
uin	240489
answer	answer is ministerial correction date of answer 08/04/2019 answer text <p>We will continue to ensure that spending decisions take full account of our environmental obligations, including at the next Spending Review. Departments are expected to follow Green Book guidance when appraising proposals, and it requires them to account for any environmental impacts, including those which affect air quality, natural capital, noise, water quality, and greenhouse gas emissions.</p><p> </p><p>The Department for Transport is committed to ensuring that the transport sector plays a full part in delivering the emissions reductions required to meet our legally binding carbon budget commitments, as well as other environmental objectives.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 08/04/2019 13:48:56 answering member 4097 label Biography information for Elizabeth Truss
tabling member	304 label Biography information for Mr Roger Godsiff