Written Question·Treasury·UIN 60038
Credit: Regulation
Tabled: 16 June 2025
Answered: 23 June 2025
Named DayQuestion
John Glen
Conservative — Salisbury
To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that consumers are made aware that some forms of buy now, pay later will remain unregulated when BNPL regulation is in force.
Answer
Emma ReynoldsRegulating 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...
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