Connaught Independent Review call for information closes but investigation remains open to affected individuals

Raj Parker, the Independent Reviewer into the FSA/FCA’s approach to the Connaught Income Fund Series 1, announces that the Review’s initial call for information has now closed. 

The announcement follows a call for information from individuals affected by the Fund to ensure that a range of stakeholders were able to formally contribute their views to assist him in assessing the FSA/FCA’s actions and identifying any lessons which should be learned.

While this formal call for information has now finished, the Independent Reviewer has said that he is happy to continue receiving any information and concerns from relevant affected stakeholders. Those who wish to make a submission should do so by email to: [email protected].

Commenting on the closure of the call for information, Mr Parker said:

‘I would like to thank all those who have contributed for their submissions. Their information is incredibly useful as myself and the team seek to assess the FSA/FCA’s actions and  identify the right lessons which need to be learned.

‘However, I would also like to reassure all those who weren’t able to contribute that they can still make their views known. I welcome anyone affected by or involved with the Fund who wishes to still contribute to the Review, to contact us by email.

The Independent Reviewer will continue to consider all requests for oral representations with stakeholders on a case-by-case basis, but it is expected that these will only need to occur in exceptional cases.

Original article FCA

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