Subject	Predicate	Object
vfXj9hQh	a	Resource
		Answer
		Written answer
	answer has question	bv0fE2vo
	answer has answering person	Sajid Javid
	answer text	<p>I have been asked to reply on behalf of the Treasury.</p><p>The Financial Conduct Authority (FCA) will take on regulatory powers in relation to payday loan companies' advertising in April, including the power to ban misleading financial promotions. The Government strongly welcomes the FCA's proposals, published on 3 October, to require that all payday loan adverts carry a risk warning and signpost to debt advice.</p><p>The Advertising Standards Authority (ASA) also has powers over payday lenders' adverts. If an advert is potentially misleading or socially irresponsible, the ASA can ban it—as it has done with two payday lenders' adverts in the past six months.</p>
	answer given date	2013-11-20
	answer has answering body	Department for Culture, Media and Sport
	written answer has answering body	Department for Culture, Media and Sport
Department for Culture, Media and Sport	answering body has written answer	vfXj9hQh
Department for Culture, Media and Sport	answering body has answer	vfXj9hQh
bv0fE2vo	question has answer	vfXj9hQh
Sajid Javid	answering person has answer	vfXj9hQh