Local Government: Investment
Lords · Question HL9510 · Tabled 15 Jul 2025 · Treasury · Official record
Answered 24 Jul 2025
Question
Asked by Baroness Prentis of Banbury
To ask His Majesty's Government whether the Community Municipal Investment (CMI) green investment bonds, such as those offered by the London Boroughs of Greenwich, Southwark, Hounslow and Hammersmith and Fulham, are authorised by any regulator; and whethe
Answer
Answered by Lord Livermore, 24 Jul 2025
The Financial Services and Markets Act 2000 establishes a framework whereby any person, whether an individual or firm, can only carry out a regulated activity by way of business if they are authorised by the appropriate regulator or are exempt from the au...