United Kingdom · Question · Written question
UIN 181271
Debt Collection: Regulation
Introduced
18 April 2023
Last action
25 April 2023 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
25 April 2023
Summary
To ask the Chancellor of the Exchequer, if he will review the effectiveness of existing regulations relating to debt collection agencies for (a) vulnerable people and (b) financially insecure people.
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Timeline
18 April 2023
Written question
To ask the Chancellor of the Exchequer, if he will review the effectiveness of existing regulations relating to debt collection agencies for (a) vulnerable people and (b) financially insecure people.
Source: Commons
25 April 2023
Answer
The independent Financial Conduct Authority (FCA) is responsible for the regulation of debt collection activity. Where debt collection firms take steps to recover debts that have arisen under consumer credit agreements, they are required to do so accordin...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2023-04-18/181271
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1611727
- uk · wq-1611727 · source updated 25 April 2023