Social Servcies: Fees and Charges

Summary

To ask the Chancellor of the Exchequer, if he will make it his policy for all consumer deferred payment programmes to come under the regulatory oversight of the Financial Conduct Authority, whether or not an interest charge is payable.

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Timeline

1. 28 January 2020

   Written question

   To ask the Chancellor of the Exchequer, if he will make it his policy for all consumer deferred payment programmes to come under the regulatory oversight of the Financial Conduct Authority, whether or not an interest charge is payable.

   Source: Commons

2. 4 February 2020

   Answer

   In 2014, the Government transferred regulatory responsibility for the consumer credit market to the Financial Conduct Authority (FCA). In November 2019, the FCA published rules to address consumer harm in the Buy Now Pay Later (BNPL) market. However, not ...

   Source: Written answer

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• · Treasury · Answering body

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