Financial Services: Compensation

(asked on 8th December 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, when he last met the Financial Conduct Authority to discuss how its uses its powers under section 382 of the Financial Services and Markets Act 2000 to compel a registered firm to compensate investors for losses incurred as a result of that firm's breaches of its statutory obligations; and what the outcome of that meeting was.


Answered by
Harriett Baldwin Portrait
Harriett Baldwin
Shadow Minister (Business and Trade)
This question was answered on 16th December 2015

Treasury Ministers and officials meet regularly with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery.


Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at:


https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel

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