Written Question·Treasury·UIN 13108

Financial Services: Internet

Tabled: 6 November 2024
Answered: 14 November 2024

Question

Phil Brickell

LabourBolton West

To ask the Chancellor of the Exchequer, how many electronic money institutions have (a) had their activities restricted and (b) been de-authorised following an investigation by the Financial Conduct Authority.

Answer

Tulip Siddiq
This question is a matter for Financial Conduct Authority (FCA) which is an independent, non-governmental body. The FCA will respond to the Honourable Member by letter and a copy of this letter will be placed in the Library of the House of Commons.