United Kingdom · Question · Written question
HL HL360
FundingSecure: Insolvency
Introduced
23 October 2019
Last action
31 October 2019 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
31 October 2019
Summary
To ask Her Majesty's Government what plans they have to establish an independent inquiry into the failure of peer-to-peer lender Fund Secure; and on which date they first became aware that the firm was experiencing difficulty.
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Timeline
23 October 2019
Written question
To ask Her Majesty's Government what plans they have to establish an independent inquiry into the failure of peer-to-peer lender Fund Secure; and on which date they first became aware that the firm was experiencing difficulty.
Source: Lords
31 October 2019
Answer
The Government does not intend to establish an inquiry into the failure of the peer-to-peer (P2P) lending platform Funding Secure, which entered into administration on 23 October. The Government monitors the P2P lending sector on an ongoing basis and enga...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2019-10-23/HL360
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1152016
- uk · wq-1152016 · source updated 31 October 2019