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date	2019-04-03
min answer › question first answered	2019-04-10T15:30:47.977Z
answering dept sort name	Treasury
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%27s promotional activities and not its products; and for what reasons LC&F was permitted to market itself as regulated by the FCA.

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registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

grouped question UIN

question first answered

answering member


label

tabling member


label

1109342

registered interest

date

03/04/2019

answering body

Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

London Capital & Finance

house id

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

is ministerial correction

date of answer

10/04/2019

answer text

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 & 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. 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.

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