Crown Currency Exchange Debate

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Department: HM Treasury
Tuesday 7th December 2010

(13 years, 5 months ago)

Commons Chamber
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Tessa Munt Portrait Tessa Munt
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I hope so. There have been some arrests today, and I think that Devon and Cornwall police’s serious crime squad is taking part. I hope that that prefaces some action by the FSA.

Andrew George Portrait Andrew George (St Ives) (LD)
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Arrests have been made, including of one of my constituents. Indeed, the company’s offices were based in Hayle in my former constituency. The case has given rise to enormous concern, and although it is not on the same scale as sub-prime casino banking it has left many people in serious circumstances. I hope that my hon. Friend will advance her case, because this situation clearly needs to be regulated in future.

Tessa Munt Portrait Tessa Munt
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One might just need to get rid of “registered”, because it seems to have absolutely no meaning and to afford no protection—nothing.