Investment: Protection

(asked on 13th October 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will make it his policy to increase financial protection for investors within the UK who invest in mini-bonds.


Answered by
 Portrait
Simon Kirby
This question was answered on 21st October 2016

The government is committed to regulating only where there is a clear case for doing so, in order to avoid putting additional costs on lenders that would ultimately lead to higher costs for businesses and consumers.

The marketing and promotion of mini-bonds is subject to financial promotion restrictions set out in the Financial Services and Markets Act (FSMA). Firms that fail to meet any of these requirements may be subject to enforcement action by the Financial Conduct Authority (FCA).

Reticulating Splines