Midas Financial Solutions (Scotland)

(asked on 8th February 2018) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will publish the findings of the Financial Services Authority's investigation into Midas Financial Solutions (Scotland) Limited in October 2012.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 20th February 2018

The publication of findings following an investigation by the Financial Services Authority is a matter for their successor, the Financial Conduct Authority. The FCA is an independent non-governmental body responsible for regulating and supervising the financial services industry.

Given the FCA’s independence, it would not be appropriate for the government to comment further on this case.

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