Written Question·Treasury·UIN HL1575
Financial Services
Tabled: 2 July 2026
Answered: 15 July 2026
Question
To ask His Majesty's Government whether the powers conferred on the Financial Conduct Authority in the Financial Services and Markets Bill in schedule 2, paragraph 18, inserted new section 131Z12, are consistent with their objective of strengthening the U
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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