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United Kingdom · Question · Written question

UIN 32007

Bureaux de Change: Regulation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

21 February 2025

Last action

3 March 2025 · Answer

Status

Answered

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Discovery layer

Source updated

3 March 2025

Summary

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of updating regulations on currency exchange brokers.

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Timeline

  1. 21 February 2025

    Written question

    To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of updating regulations on currency exchange brokers.

    Source: Commons

  2. 3 March 2025

    Answer

    The Payment Services Regulations 2017 outline requirements on UK payment service providers regarding disclosure of fees and charges to the payer where currency conversion is provided as part of a payment transaction. Provisions under the Cross Border Paym...

    Source: Written answer

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