MPs table motion over FCA and Connaught case

Formal call for Commons debate

Tom Ellis
clock • 2 min read

10 MPs have signed an early day motion to debate the Financial Conduct Authority (FCA) and its handling of the collapsed Connaught Income Series 1 fund.

Tabled by SNP MP for East Renfrewshire Kirsten Oswald, the early day motion - a formal call for debate in the House of Commons - supports and welcomes the findings of the Complaints Commissioner Antony Townsend in reply to two complaints from ex-CEO of Tuita and whistle-blower George Patellis and financial adviser Adam Nettleship. Oswald's early day motion said: "That this House regrets the refusal of the FCA to accept the Commissioner's recommendation that Mr Patellis receive a public apology for the lack of care over his treatment as a whistle-blower and the defensive and insensitive m...

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