Written Question·Treasury·UIN 18293
Credit: Regulation
Tabled: 13 July 2026
Answered: 16 July 2026
Question
Gordon McKee
Labour — Glasgow South
To ask the Chancellor of the Exchequer, what the Government’s timetable is for bringing buy now, pay later products within the financial-services regulatory framework.
Answer
Rachel BlakeIn July 2025, Parliament passed legislation to bring Buy-Now, Pay-Later (BNPL) products within the scope of Financial Conduct Authority regulation. The new regulatory regime came into force on 15 July 2026 and last month the FCA published its final rules ...
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