Written Question·Treasury·UIN 192020
Bank Services
Tabled: 3 July 2023
Answered: 6 July 2023
Named DayQuestion
Mr Gregory Campbell
Democratic Unionist Party — East Londonderry
To ask the Chancellor of the Exchequer, if he will hold discussions with the Financial Conduct Authority on levels of transparency in financial institutions over decisions to close (a) personal and (b) business accounts.
Answer
Andrew GriffithThe Government recognises the importance of transparency with regards to consumers and businesses’ access to financial services products. The Government has recently consulted on the adequacy of the existing balance of rights and obligations between payme...
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