Kirsten Oswald – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Kirsten Oswald on 2015-12-08.

To ask Mr Chancellor of the Exchequer, when he was first told that Capital Financial Managers Limited knew by September 2009 that investors’ funds were exposed to risks not provided for in the information memorandum for the Connaught Fund.

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 Honourable Member by letter. A copy of the letter will be placed in the Library of the House.