United Kingdom · Question · Written question
UIN 160734
Blackmore Bond: Insolvency
Introduced
1 March 2021
Last action
4 March 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
4 March 2021
Summary
To ask the Chancellor of the Exchequer, what assessment he has made of the adequacy of the Financial Conduct Authority’s response to concerns raised in 2017 on the sales practices being used by Blackmore Bond plc and its representatives.
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Timeline
1 March 2021
Written question
To ask the Chancellor of the Exchequer, what assessment he has made of the adequacy of the Financial Conduct Authority’s response to concerns raised in 2017 on the sales practices being used by Blackmore Bond plc and its representatives.
Source: Commons
4 March 2021
Answer
The Government is aware of the failure of Blackmore Bond plc and the latest report submitted by the Joint Administrators in December. Blackmore Bond plc issued non-transferable debt securities (sometimes known as mini-bonds). It is not a regulated activit...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-03-01/160734
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1293682
- uk · wq-1293682 · source updated 4 March 2021