Peter Aldous
Main Page: Peter Aldous (Conservative - Waveney)Department Debates - View all Peter Aldous's debates with the HM Treasury
Crown Currency Exchange
Peter Aldous Excerpts(13 years, 5 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Tessa Munt
It is certainly clear that a number of people alerted various sections of the authorities. A year ago, the Financial Times and the financial pages of The Daily Telegraph and The Mail on Sunday were raising concerns, and they were right to do so.
Peter Aldous (Waveney) (Con)
I congratulate the hon. Lady on securing this debate. I have had a response from the FSA. It says:
“In our judgement it would not be possible for the FSA to ban firms such as CCE from describing themselves as “registered for payment services”. Any amendment to the register requirements in the Payment Services Regulations would be a matter for HM Treasury.”
Will she ask the Minister whether he will consider that?