Proceeding contribution from Tessa Munt (Liberal Democrat) in the House of Commons on Tuesday, 7 December 2010. It occurred during Adjournment debate on Crown Currency Exchange.
Crown Currency Exchange
I am an optimist, so I hope that we might be able to do something, but it would appear that the directors of the company have operated through a loophole in the scheme. I suspect that they were very savvy and knew exactly what they were doing. They have registered rather than being regulated or authorised. Some 13,000 people have lost £20 million and there is enormous distress and dismay about what has happened.
Secondary information
- Type
- Proceeding contribution
- Reference
- 520 c284
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Complaints Compensation Currency speculation Financial services Insolvency Payments Regulation Crown Currency Exchange
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 14:01:49 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_690722
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