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United Kingdom · Question · Written question

UIN 176536

Financial Conduct Authority

answeredUnited Kingdom· UK Parliament· EN

Introduced

29 March 2023

Last action

17 April 2023 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

17 April 2023

Summary

To ask the Chancellor of the Exchequer, what steps his Department plans to take to introduce the duty of care promised by Section 29 of the Financial Services Act 2021.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 29 March 2023

    Written question

    To ask the Chancellor of the Exchequer, what steps his Department plans to take to introduce the duty of care promised by Section 29 of the Financial Services Act 2021.

    Source: Commons

  2. 17 April 2023

    Answer

    Section 29 of the Financial Services Act 2021 required the Financial Conduct Authority (FCA) to consult on whether it should make rules giving regulated financial service providers a duty of care over their customers. The Act also set out that the consult...

    Source: Written answer

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