Written Question·Treasury·UIN HL1576
Financial Services
Tabled: 2 July 2026
Answered: 15 July 2026
Question
To ask His Majesty's Government whether they intend to introduce an explicit threshold requiring demonstrated market failure before the Financial Conduct Authority may exercise its powers under the Financial Services and Markets Bill, schedule 2, paragrap
Answer
The Government is committed to maintaining the UK’s position as a leading global financial centre, supported by a competitive, innovative and well-regulated payments ecosystem that delivers good outcomes for consumers, businesses and the wider economy. Th...
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