Oral Answers to Questions

David T C Davies Excerpts

Wednesday 1st May 2019 Commons Chamber

[The Prime Minister]

The hon. Lady has consistently stood up and asked me about meetings that took place in No. 10 and she has had answers about meetings that took place in No. 10. My hon. Friend the Minister for the Constitution has written to her about this matter. We routinely publish information about Ministers’ and senior officials’ meetings with external organisations, and the correct information has been published in the transparency returns for my meetings. She might like to know that the UK Government actually publish far more transparency data than the Scottish Government.

[David T. C. Davies (Monmouth) (Con)]

Q13. I have told the Financial Conduct Authority that one of the companies on its approved register owes millions of pounds, including money to the FCA itself. In the light of the collapse of another FCA-approved company a few weeks ago, leaving thousands without their life savings, will the Prime Minister find out what exactly the FCA actually does to regulate the companies on its approved register?

[The Prime Minister]

My hon. Friend raises an important issue and I am very happy to write to him with more detail in relation to the actions of the Financial Conduct Authority as it looks at those companies on its approved list. I think that it would be more helpful to him if I were able to give him a more detailed reply in writing.