Lloyds Banking Group: Insurance

(asked on 27th October 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what discussions he has had with the Financial Conduct Authority on the reported £16 billion set aside by Lloyds Banking Group for the mis-selling of payment protection insurance.


Answered by
 Portrait
Simon Kirby
This question was answered on 3rd November 2016

Treasury Ministers and officials meet regularly with the Financial Conduct Authority to discuss relevant regulatory issues.

As was the case with previous Administrations, it is not the Treasury's practice to provide details of all such discussions.

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