United Kingdom · Question · Written question
UIN 3013
Coronavirus Business Interruption Loan Scheme
Introduced
18 May 2021
Last action
26 May 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
26 May 2021
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to ensure the adequacy of scrutiny of the recovery practices of coronavirus business loan lenders.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
18 May 2021
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to ensure the adequacy of scrutiny of the recovery practices of coronavirus business loan lenders.
Source: Commons
26 May 2021
Answer
Covid-19 loan scheme lenders are expected to pursue appropriate recovery processes in line with existing industry standards. Lenders undergo periodic audits to check that scheme eligibility rules and processes are being followed. Under the Bounce Back Loa...
Source: Written answer
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Sponsors
- · Department for Business, Energy and Industrial Strategy · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-05-18/3013
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1315650
- uk · wq-1315650 · source updated 26 May 2021