Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent discussions she has had with the FCA regarding the timeline for reviewing listing rules on related party transactions in investment trusts; and if she will ask the FCA to bring forward that review, in the context of the potential implications for retail investors.

The Financial Conduct Authority is a non-governmental body which is independent from the Treasury.

The Financial Conduct Authority announced its intention to consult on some aspects of the UK Listings Rules for investment entities and to complete the work by the end of the year. Further detail is available at:

https://www.fca.org.uk/news/statements/uk-listing-rules-investment-entities-review.