HomeServe: Regulation

HM Treasury written question – answered on 20th March 2017.

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Photo of Jim Cunningham Jim Cunningham Labour, Coventry South

To ask Mr Chancellor of the Exchequer, what assessment he has made of the adequacy of the regulation of HomeServe insurance services.

Photo of Simon Kirby Simon Kirby The Economic Secretary to the Treasury

HomeServe is regulated by the Financial Conduct Authority (FCA) as an insurance intermediary.

The FCA is an independent non-governmental body responsible for regulating and supervising the financial services industry.

It is for the FCA to determine the regulatory framework for firms it supervises and to assess the adequacy of that framework.

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