https://www.fca.org.uk/news/fca-statement-on-connaught<\/a>
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\u2019s independence it would not be appropriate for the Treasury to comment further on this ongoing investigation.<\/p>"}
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], "questionText" : "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.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
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On 10 March, the FCA provided an update on proceedings which can be found here:<\/p>
https://www.fca.org.uk/news/fca-statement-on-connaught<\/a>
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\u2019s independence it would not be appropriate for the Treasury to comment further on this ongoing investigation.<\/p>"}
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, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
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], "questionText" : "To ask Mr Chancellor of the Exchequer, what recent discussions he has had with the Financial Conduct Authority on the Connaught Income Fund Series 1 settlement negotiations.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/3910", "label" : {"_value" : "Biography information for Guto Bebb"}
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