| Heading: |
Credit: Regulation |
| Question ID: |
1813012 |
| UIN: |
60039 |
| House: |
Commons |
| Date tabled: |
2025-06-16 |
| Asking Member ID: |
4051 |
| Asking Member display name: |
John Glen
|
| Asking Member handle: |
JohnGlenUK
|
| Asking Member Twitter reference: |
@JohnGlenUK
|
| Member interest: |
false |
| Question text: |
To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that the Financial Conduct Authority is able to deliver final rules for Buy Now, Pay Later regulation that are proportionate to the product. |
| Is named day: |
false |
| Date of holding answer: |
|
| Date answered: |
2025-06-23 |
| Date answer corrected: |
|
| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4077 |
| Answering Member display name: |
Emma Reynolds
|
| Answering Member handle: |
emmaforwycombe
|
| Answering Member Twitter reference: |
@emmaforwycombe
|
| Correcting Member ID: |
|
| Correcting Member display name: |
|
| Correcting Member handle: |
|
| Correcting Member Twitter reference: |
|
| Answer text: |
Regulating the Buy-Now, Pay-Later (BNPL) sector is a government priority. On 19 May, the government introduced legislation to bring BNPL products into regulation. Our legislative approach will disapply the elements of the consumer credit regulatory regime... |
| Original answer text: |
|
| Comparable answer text: |
|
| Answering body ID: |
14 |
| Answering body name: |
Treasury |
| Tweeted: |
true |