Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many commercial debt management companies that have been refused a licence by the Financial Conduct Authority have appealed its decision in the last five years; and how many of those companies won their appeal.
This is an operational matter for the Financial Conduct Authority (FCA), which is operationally independent from Government.
The questions have been passed on to the FCA. The FCA will reply directly to the Honourable gentleman by letter. A copy of the letter will be placed in the Library of the House.