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1126824
star this property registered interest false more like this
star this property date less than 2019-05-15more like thismore than 2019-05-15
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star this property answering dept short name Work and Pensions more like this
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading Credit Unions: Northern Ireland remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, when she next plans to visit Northern Ireland to discuss ways in which Credit Unions can expand their services. more like this
star this property tabling member constituency East Londonderry more like this
star this property tabling member printed
Mr Gregory Campbell more like this
star this property uin 254751 more like this
star this property answer
answer
star this property is ministerial correction false more like this
unstar this property date of answer less than 2019-05-20more like thismore than 2019-05-20
star this property answer text <p>In July 2018, as Minister for Pensions and Financial Inclusion I individually and collectively met with a number of Credit Unions in Northern Ireland as part of a roundtable event for key stakeholders and practitioners in this field. I look forward to returning to visit Northern Ireland soon.</p> more like this
unstar this property answering member constituency Hexham more like this
star this property answering member printed Guy Opperman more like this
star this property question first answered
less than 2019-05-20T14:39:02.217Zmore like thismore than 2019-05-20T14:39:02.217Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
unstar this property tabling member
1409
unstar this property label Biography information for Mr Gregory Campbell more like this
923131
star this property registered interest false more like this
star this property date less than 2018-06-13more like thismore than 2018-06-13
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Credit Unions: Northern Ireland remove filter
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what lessons, if any, they have learnt from the credit union movement in Northern Ireland. more like this
star this property tabling member printed
Lord Kennedy of Southwark more like this
star this property uin HL8595 more like this
star this property answer
answer
star this property is ministerial correction false more like this
unstar this property date of answer less than 2018-06-27more like thismore than 2018-06-27
star this property answer text <p>The government remains committed to supporting credit unions, which provide vital services to financially under-served communities and contribute to the diversity of the UK’s financial services sector.</p><p> </p><p>Government engages closely with representatives of the credit union sector throughout the UK to understand how credit unions may best be supported. This includes speaking to Northern Ireland specific trade bodies and maintaining an ongoing relationship with the devolved Department for Economy in Northern Ireland to understand any issues specific to Northern Ireland’s credit union sector.</p><p>Government’s engagement with the credit union sector includes ongoing consideration of its legislative framework. For example, in 2014 Government conducted a Call for Evidence (‘British Credit Unions at 50’) on credit unions. Several respondents asked for changes to the legislation governing credit unions, and in its response, Government committed to actively consider legislative changes in the next Parliament. At Autumn Budget 2017, Government committed to raising the geographical common bond limit for credit unions from 2 to 3 million. This change came into effect in April 2018.</p><p>All changes to credit union legislation must be considered alongside the need to maintain an appropriate regulatory regime for credit unions. A looser legislative framework would likely require increased regulation which might be inappropriate for small, community based institutions.</p>
star this property answering member printed Lord Bates more like this
star this property grouped question UIN HL8594 more like this
star this property question first answered
less than 2018-06-27T14:03:17.65Zmore like thismore than 2018-06-27T14:03:17.65Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
unstar this property tabling member
4153
unstar this property label Biography information for Lord Kennedy of Southwark more like this