Question to the HM Treasury:
To ask Her Majesty's Government what steps they are taking to ensure that the valuations of investment funds investing in supply chain finance are true and fair; and that such funds are suitable to enable a daily dealing facility for investors.
This is a matter for the Financial Conduct Authority (FCA), which is operationally independent from Government. The question has been passed on to the FCA. The FCA will reply directly to the noble Lord by letter. A copy of the letter will be placed in the Library of the House.