§ Mr. CousinsTo ask the Attorney-General whether it is the practice of the Serious Fraud Office to monitor funds offering to guarantee above-market interest rates.
§ The Attorney-GeneralNo. The role of the Serious Fraud Office is to investigate and prosecute serious and complex fraud. Regulation of investment business is the responsibility of the Securities and Investments Board together with the self-regulating organisations recognised by the Securities and Investments Board in accordance with the Financial Services Act 1986.