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61016
registered interest false more like this
date remove filter
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 Business: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what recent discussions he has had with the Financial Conduct Authority (FCA) on extending the FCA's powers to include regulatory powers over tailored business loans. more like this
tabling member constituency Aberconwy more like this
tabling member printed
Guto Bebb more like this
uin 200088 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-17more like thismore than 2014-06-17
answer text <p>Treasury Ministers and officials meet with a wide range of organisations as part of the usual policy making process.</p><p> </p><p>The Treasury publishes a list of ministerial meetings with external organisations. This is available online at: <a href="http://www.hm-treasury.gov.uk/minister_hospitality.htm" target="_blank">http://www.hm-treasury.gov.uk/minister_hospitality.htm</a></p><p> </p><p>It is important to recognise that business lending is not, and never has been, within the scope of the Financial Conduct Authority's (FCA) conduct rules.</p><p> </p><p> </p><p>I understand that Clydesdale and Yorkshire Banks have agreed to review the sale of those tailored business loans with features comparable to standalone structured collars, simple collars and caps notwithstanding the fact that they are strictly outside the scope of the FCA's review into the mis-selling of interest rate hedging products.</p> more like this
answering member constituency South Northamptonshire more like this
answering member printed Andrea Leadsom more like this
grouped question UIN 200092 more like this
question first answered
less than 2014-06-17T14:42:09.7260053Zmore like thismore than 2014-06-17T14:42:09.7260053Z
answering member
4117
label Biography information for Andrea Leadsom more like this
tabling member
3910
label Biography information for Guto Bebb more like this