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780352
star this property registered interest false more like this
star this property date less than 2017-10-30more like thismore than 2017-10-30
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property hansard heading Credit Unions remove filter
star this property house id 2 remove filter
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 whether they have any plans to expand the scope of products that credit unions can choose to provide to their members. more like this
star this property tabling member printed
Baroness Primarolo remove filter
star this property uin HL2716 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-11-07more like thismore than 2017-11-07
star this property answer text <p>The Government is committed to building an economy that works for everyone and credit unions play a key role in this by offering affordable, responsible credit to some communities.</p><p> </p><p>In response to the Government’s 2014 Call for Evidence on the future of credit unions, the Government committed to consider potential legislative changes in the previous Parliament that would help the sector grow and thrive.</p><p>However, it is important to consider any changes carefully to avoid unintended consequences, such as bringing smaller credit unions into regulation that might not be proportionate.</p><p>The Government remains committed to supporting the sector and will continue to work with interested stakeholders to achieve this. The government is also keen for the sector to look for further opportunities to grow within the existing regulatory framework by exploring opportunities for collaboration within the sector.</p> more like this
star this property answering member printed Lord Bates more like this
star this property question first answered
less than 2017-11-07T16:19:56.933Zmore like thismore than 2017-11-07T16:19:56.933Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
217
star this property label Biography information for Baroness Primarolo more like this