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1149881
registered interest false more like this
date less than 2019-10-16more like thismore than 2019-10-16
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Cryptocurrencies more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, with reference to the Financial Conduct Authority's consultation entitled, CP19/22: Restricting the sale to retail clients of investment products that reference cryptoassets, what the evidential basis is for the statement that the majority of investors in Exchange Traded Notes which reference cryptoassets were likely to suffer a loss over the long-term. more like this
tabling member constituency Shipley more like this
tabling member printed
Philip Davies more like this
uin 948 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-10-21more like thismore than 2019-10-21
answer text <p>This is a matter for the Financial Conduct Authority (FCA), which is independent of government. The question has been passed to the FCA.</p><p>The FCA will reply directly to Philip Davies MP by letter. A copy of the letter will be placed in the Library of the House.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen remove filter
grouped question UIN
488 more like this
490 more like this
496 more like this
497 more like this
498 more like this
500 more like this
question first answered
less than 2019-10-21T15:14:19.07Zmore like thismore than 2019-10-21T15:14:19.07Z
answering member
4051
label Biography information for John Glen more like this
tabling member
1565
label Biography information for Sir Philip Davies more like this
1149921
registered interest false more like this
date less than 2019-10-16more like thismore than 2019-10-16
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Cash Dispensing more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what recent steps he has taken to ensure that people are able to obtain their money from free-to-use ATMs throughout the country. more like this
tabling member constituency Inverclyde more like this
tabling member printed
Ronnie Cowan more like this
uin 1067 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-10-21more like thismore than 2019-10-21
answer text <p>The Government recognises that widespread free access to cash remains extremely important to the day-to-day lives of many consumers and businesses in the UK.</p><p> </p><p>The Governments’ Call for Evidence on Cash &amp; Digital Payments highlighted changing payment trends. In response, the Government has set up the Joint Authorities Cash Strategy (JACS) Group. This group brings together the key regulators to co-ordinate regulatory work to support the country’s cash infrastructure, including ATMs. It will publicly update on activity in the Autumn.</p><p> </p><p>The Government also believes industry has a crucial role to play in protecting access to cash. In addition to previous commitments, LINK – the UK’s largest ATM network - has recently committed to protect access to cash on high streets with five or more qualifying retailers. It has also created an ATM delivery fund for elected officials to request a new machine in areas with poor access to cash. Furthermore, UK Finance has launched a Community Access to Cash Initiative, offering grants to local communities to improve cash access through alternative solutions.</p><p> </p><p>The Government-established Payment Systems Regulator (PSR) continues to closely monitor developments in the ATM market and has used its powers to hold LINK to account over commitments to preserve the broad geographic spread of ATMs.</p>
answering member constituency Salisbury more like this
answering member printed John Glen remove filter
question first answered
less than 2019-10-21T14:13:46.293Zmore like thismore than 2019-10-21T14:13:46.293Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4465
label Biography information for Ronnie Cowan more like this