||To ask Her Majesty's Government, further to the Written Answer by Lord Young of Cookham
on 19 June (HL16113), what discussions they have had with the Financial Conduct Authority
about the case for that body to conduct an investigation into its decision to authorise
Lendy when it had concerns about that firm’s compliance with minimum regulatory standards
and the adequacy of disclosure to lenders; and what assessment they have made of the
case for any such investigation to include whether any investors in Lendy (1) suffered
losses as a result of that authorisation, and (2) are entitled to compensation from
the FCA or another institution.