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Proceeding contribution from Russell Brown (Labour) in the House of Commons on Tuesday, 7 December 2010. It occurred during Adjournment debate on Crown Currency Exchange.

Crown Currency Exchange

I could ask the Minister when he believes that my constituents will receive money and how much, but I want to come back to the fact that the company was classed as a small payments institution, despite its turnover putting it in a category that meant it should have been regulated. Is he in a position to instruct the FSA to look at the more than 500 other companies that are small payments institutions to see whether they fall into a regulated category?

Secondary information

Type
Proceeding contribution
Reference
520 c288 
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