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Written question asked by Adam Thompson (Labour) on Monday, 10 February 2025, in the House of Commons. It was due for an answer on Wednesday, 12 February 2025. It was answered by Emma Reynolds (Labour) on Tuesday, 18 February 2025 on behalf of the Treasury.


BetIndex: Complaints

Question

To ask the Chancellor of the Exchequer, whether she is taking steps to implement the recommendations of the Financial Regulators Complaints Commission report on BetIndex Limited, published on 16 September 2024.

Answer

The government recognises the significant impact the collapse of BetIndex Ltd had on former customers.

The Financial Conduct Authority (FCA) has responded to the Financial Regulators Complaints Commissioner’s report on BetIndex Ltd, noting that it has already implemented a number of changes that address the Commissioner’s recommendations.

HM Treasury continues to engage with the FCA on issues relating to the FCA’s regulatory perimeter, including sports spread betting.


Secondary information

Type
Written question
Reference
30250
Session
2024-26
Subjects
Complaints BetIndex
Link
View this Written question on www.parliament.uk