Written Question·Treasury·UIN 107306
Ziglu Bank: Insolvency
Tabled: 20 January 2026
Answered: 27 January 2026
Question
Neil Duncan-Jordan
Labour — Poole
To ask the Chancellor of the Exchequer, what due diligence checks were carried out prior to the creation of Ziglu Bank in 2020.
Answer
Lucy RigbyZiglu Limited is an electronic money institution which has been authorised under the Electronic Money Regulations 2011 since September 2020. These regulations require firms to meet important standards before they are allowed to carry out payment services ...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 107306) →