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United Kingdom · Question · Written question

UIN 49706

Financial Services: Standards

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

8 September 2022

Last action

23 September 2022 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

23 September 2022

Summary

To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of imposing on financial services firms a general duty of care towards their consumers.

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Timeline

  1. 8 September 2022

    Written question

    To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of imposing on financial services firms a general duty of care towards their consumers.

    Source: Commons

  2. 23 September 2022

    Answer

    The Government is committed to ensuring that consumers of financial services are appropriately protected whilst preserving the competitiveness of the UK financial services sector.The Financial Services Act 2021 required the Financial Conduct Authority (FC...

    Source: Written answer

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