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Unknown
22 March 2022
Lead MP
John Glen
Salisbury
Con
Responding Minister
Not recorded
Tags
Crime & Law Enforcement
Word Count: 1800
Other Contributors: 0
At a Glance
John Glen raised concerns about unknown in Westminster Hall. Response awaited from government.
Key Requests to Government:
Glen asks for a review of the appointed representative regime, urging the Treasury and FCA to strengthen the oversight principals have over their ARs and improve public information on authorised activities. He also requests more clarity in consumer protection measures.
How the Debate Unfolded
MPs spoke in turn to share their views and ask questions. Here's what each person said:
Lead Contributor
John Glen is concerned about the impact of fraud on trust within society, particularly highlighting the case of Midas Financial Services where Mr Greig perpetrated a large-scale fraud over several years. He acknowledges that this has caused great misery to many investors who were misled by false promises and inadequate oversight from regulatory bodies like RBS.
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Assessment & feedback
Summary accuracy
About Westminster Hall Debates
Westminster Hall debates are a chance for MPs to raise important issues affecting their constituents and get a response from a government minister. Unlike Prime Minister's Questions, these debates are more in-depth and collaborative. The MP who secured the debate speaks first, other MPs can contribute, and a minister responds with the government's position.