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United Kingdom · Question · Written question

UIN 141575

London Capital & Finance: Insolvency

answeredUnited Kingdom· UK Parliament· EN

Introduced

21 January 2021

Last action

27 January 2021 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

27 January 2021

Summary

To ask the Chancellor of the Exchequer, if he will publish a timescale for setting up and implementing the compensation scheme for the victims of the London Capital & Finance bondholder savings scandal.

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Timeline

  1. 21 January 2021

    Written question

    To ask the Chancellor of the Exchequer, if he will publish a timescale for setting up and implementing the compensation scheme for the victims of the London Capital & Finance bondholder savings scandal.

    Source: Commons

  2. 27 January 2021

    Answer

    In my Written Ministerial Statement on 17 December 2020, I outlined the three main channels through which London Capital & Finance plc (LCF) bondholders can seek compensation. These are the administration process, the Financial Services Compensation Schem...

    Source: Written answer

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