Written questions

Collateral (UK)

Commons · Question 40781 · Tabled 24 Mar 2025 · Treasury · Official record

Answered 28 Mar 2025

Question

Asked by Pippa Heylings

To ask the Chancellor of the Exchequer, if she will undertake an investigation into the Financial Conduct Authority's regulation of Collateral (UK) Limited.

Answer

Answered by Emma Reynolds, 28 Mar 2025

The conduct of Collateral’s Directors was plainly unacceptable, as evidence by their conviction for fraud and the criminal sentence that they are now serving. More widely, the Government does not have plans to commence an investigation into the Financial ...