COMMONS

Financial Conduct Authority

Inquiry status: Inquiry concluded, Report and Response published

An inquiry into the Financial Conduct Authority which is being created by the government to establish a specialist regulatory authority focusing on consumer protection and markets.

The Committee made a number of recommendations for the Government's consideration ahead of the drafting and publication of the Financial Services Bill early in 2012.

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Select Committee Inquiries

Select Committees carry out inquiries on areas ranging from the work of government departments to economic affairs. The results of these inquiries are public and many require a response from the Government.

Stages of an inquiry

Most, but not all, Select Committee inquiries are conducted as follows:

  • Written evidence called for
  • Oral evidence sessions held
  • Report published
  • Response published

Not all inquiries result in a Report