Jan. 20 2022
Source Page: Ministry of Defence annual report and accounts 2020 to 2021Found: received from the Court Funds Office was paid into HM Treasury's Consolidated Fund and not retained
Dec. 15 2021
Source Page: Post-Legislative Scrutiny Memorandum: Financial ServicesFound: mortgage contracts entered into after the date of the direction that can exceed a maximum debt - to - income
Correspondence Dec. 08 2021
Committee: Treasury Committee (Department: HM Treasury)Found: Income Fund Series 1 and connected companies (the Parker Report).
Nov. 12 2021
Source Page: I. Review of the Reserve Forces’ and Cadets’ Associations 2019. Incl. annexes. 111p. II. Council of Reserve Forces’ and Cadets’ Associations (CRFCA) annual report and accounts 2019/20. 76p.Found: The ability to generate income to facilities improvement and volunteer recruiting.
Mentions:
1: Baroness Bennett of Manor Castle (GRN - Life peer) What about investors in Blackmore Bond, in Basset & Gold, in secured energy bonds and, indeed, in Connaught - Speech Link
2: Lord Sikka (LAB - Life peer) For example, Neil Woodford’s Equity Income Fund collapse in the summer of 2019 left a lot of investors - Speech Link
3: Viscount Younger of Leckie (CON - Excepted Hereditary) There are important differences that distinguish LCF from the Woodford Equity Income Fund, because Woodford - Speech Link
Aug. 18 2021
Source Page: Port of London Authority Harbour Revision OrderFound: shall carry to the fund so much of any such receipts as is required to restore the fund to that amount
Mentions:
1: Marie Rimmer (LAB - St Helens South and Whiston) Q How will the provisions affect local government income from business rates? - Speech Link
2: Jeff Smith (LAB - Manchester, Withington) it reinforces the point made earlier—that the expectations of business of what the fund might be able - Speech Link
3: Jeff Smith (LAB - Manchester, Withington) We are very interested in cases such as Blackmore Bond, London Capital & Finance, Connaught, Lendy - Speech Link
4: Peter Grant (SNP - Glenrothes) should be relentless when it comes to chasing down people who operate scams such as Blackmore Bonds, Connaught - Speech Link
5: Seema Malhotra (LAB - Feltham and Heston) Previously, debt was used to fund growth and further investment. - Speech Link
Mentions:
1: Pat McFadden (LAB - Wolverhampton South East) The question would have been asked: if we did this for LCF, what about investors in the Connaught fund - Speech Link
2: John Glen (CON - Salisbury) In particular, it was authorised by the FCA despite generating no income from regulated activities. - Speech Link
3: Matt Rodda (LAB - Reading East) the majority of the bill for the Fraud Compensation Fund. - Speech Link
Mentions:
1: Richard Fuller (CON - North East Bedfordshire) FCA we have accepted all the recommendations of Dame Elizabeth’s report, and Raj Parker’s report into Connaught - Speech Link
2: Richard Fuller (CON - North East Bedfordshire) Even with future levy income, the expectation is that there will be unfunded liabilities in the region - Speech Link
3: Guy Opperman (CON - Hexham) When the Pension Protection Fund and the Fraud Compensation Fund were created in 2004, am I right to - Speech Link
4: Pat McFadden (LAB - Wolverhampton South East) financial services scandals that have occurred where regulatory failure is either proven, as in the Connaught - Speech Link
5: Peter Grant (SNP - Glenrothes) agree is because there is a mountain of evidence suggesting that there are many similar cases to LCF—Connaught - Speech Link
Mentions:
1: Guy Opperman (CON - Hexham) In particular, the firm was authorised by the FCA, despite generating no income from regulated activities - Speech Link
2: Pat McFadden (LAB - Wolverhampton South East) Let me turn to clause 2 and the fraud compensation fund. - Speech Link
3: Peter Grant (SNP - Glenrothes) and sadly almost certainly not the last, in a roll of shame that includes Equitable Life, Premier FX, Connaught - Speech Link
4: John Glen (CON - Salisbury) Friend the pensions Minister set out, LCF was an FCA-authorised firm despite not receiving any income - Speech Link