Written question asked by Angela Watkinson (Conservative) on Thursday, 4 February 2016, in the House of Commons. It was due for an answer on Monday, 8 February 2016. It was answered by Harriett Baldwin (Conservative) on Friday, 12 February 2016 on behalf of the Treasury.
Financial Services and Markets Act 2000
- Question
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To ask Mr Chancellor of the Exchequer, what information he holds on the reasons why the Financial Conduct Authority has not made use of the powers granted to it under sections 382 and 384 of the Financial Services and Markets Act 2000 to require restitution from parties who by breaking regulatory requirements cause less to others.
- Answer
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The issues raised are a matter for the Financial Conduct Authority (FCA) who are operationally independent from Government.
The questions have been passed on to the FCA. The FCA will reply directly to the Honorable Member by letter. A copy of the letter will be placed in the Library of the House.
Secondary information
- Type
- Written question
- Reference
- 25896
- Session
- 2015-16
- Subjects
- Financial services Powers Financial Conduct Authority
- Legislation
- Financial Services and Markets Act 2000
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2016-07-05 19:24:14 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2015-16/25896
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- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2015-16/25896
- In Solr
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