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United Kingdom · Question · Written question

UIN 107304

Ziglu Bank: Insolvency

answeredUnited Kingdom· UK Parliament· EN

Introduced

20 January 2026

Last action

27 January 2026 · Answer

Status

Answered

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Discovery layer

Source updated

27 January 2026

Summary

To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of the FCA's actions in relation to the administration of Ziglu Bank in June 2025.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 20 January 2026

    Written question

    To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of the FCA's actions in relation to the administration of Ziglu Bank in June 2025.

    Source: Commons

  2. 27 January 2026

    Answer

    Ziglu 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 ...

    Source: Written answer

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