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Business of the House

In common with many other Members of the House, I too have constituents who have lost money through Crown Currency Exchange. As the hon. Gentleman knows, the Financial Services Authority does not regulate retail foreign exchange services, so it did not regulate in any way the business of Crown Currency Exchange. The business model was exceptional and involved taking forward risks. I shall certainly draw his remarks to the attention of my colleagues in the Treasury to see whether there is any further legislative action that the Government might take.