Helen Jones – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Helen Jones on 2015-12-10.

To ask Mr Chancellor of the Exchequer, what information the Financial Conduct Authority holds on (a) the reasons for which Mourant Fund Services Ltd did not complete its transaction to take over the operation of the Connaught Income Fund in 2009 and (b) whether at the time Mourant Fund Services Ltd was in possession of information about the Connaught Income Fund which should have been reported to the regulatory authorities.

Harriett Baldwin

This is a matter for the Financial Conduct Authority (FCA), which is operationally independent from Government.

This question has been passed on to the FCA. They will reply directly to the Honorable Member Helen Jones by letter. A copy of the letter will be placed in the Library of the House.