Written Question·Treasury·UIN 60039
Credit: Regulation
Tabled: 16 June 2025
Answered: 23 June 2025
Question
John Glen
Conservative — Salisbury
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.
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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