Written Question·Treasury·UIN 15638
Banks: Misconduct
Tabled: 2 July 2026
Answered: 7 July 2026
Question
Ben Maguire
Liberal Democrat — North Cornwall
To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that banking misconduct compensation schemes provide independent mechanisms for reviewing cases where applicants were wrongly excluded from previous redress processes.
Answer
Rachel BlakeSuccessive Governments, as well as the Financial Conduct Authority, working with the banks, have taken steps that aimed to address historical banking misconduct issues. This included helping to establish and support a range of compensation and redress sch...
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