Proceeding contribution from Robert Buckland (Conservative) in the House of Commons on Monday, 23 April 2012. It occurred during Debate on bill on Financial Services Bill.
Financial Services Bill
The hon. Lady is outlining the gap between the perceptions of those who were saving with Farepak, which was based in my constituency, and the reality of the regulatory framework. The gap was between people's belief that they were saving into a pot that they would be able to reclaim from and the reality, which was that they were unsecured creditors. That must never be allowed to happen again. This is a chance for change so that we do not again see the abuse that we saw with Farepak .
Secondary information
- Type
- Proceeding contribution
- Reference
- 543 c709
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Consumers Accountability Debts Banks Credit Advisory services Bank of England Fees and charges Financial services Financial institutions Interest rates Public appointments Mortgages Loans Office of Fair Trading Standards Regulation Repayments Trading standards Pre-payment Financial Policy Committee Financial Conduct Authority Prudential Regulation Authority Money Advice Service
- Legislation
- Financial Services Bill 2010-12 to 2012-13
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 16:51:43 +0000
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