PARLIAMENTARY WRITTEN QUESTION
Debts (20 January 2017)
Question Asked
To ask Mr Chancellor of the Exchequer, how many commercial debt management companies have applied for a licence but have been declined by the Financial Conduct Authority in the last five years.
Asked by:
Mike Kane (Labour)
Asked by:
Mike Kane (Labour)
Answer
This is an operational matter for the Financial Conduct Authority (FCA), which is operationally independent from Government.
The questions have been passed on to the FCA. The FCA will reply directly to the Honourable gentleman by letter. A copy of the letter will be placed in the Library of the House.
Answered by:
Simon Kirby (Conservative)
25 January 2017
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