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United Kingdom · Question · Written question

UIN 34501

Klarna: Regulation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

16 July 2021

Last action

22 July 2021 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

22 July 2021

Official sourceShare

Summary

To ask the Chancellor of the Exchequer, what regulations Klarna is subject to.

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

Timeline

  1. 16 July 2021

    Written question

    To ask the Chancellor of the Exchequer, what regulations Klarna is subject to.

    Source: Commons

  2. 22 July 2021

    Answer

    Buy-Now-Pay-Later firms which offer regulated consumer credit agreements must be authorised and regulated by the Financial Conduct Authority (FCA) and comply with FCA rules and the relevant parts of the Consumer Credit Act 1974 for any regulated lending t...

    Source: Written answer

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