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answer › question first answered	2014-06-11T15:25:19.4475935Z
tabling member › label	Biography information for Cathy Jamieson

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registered interest

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answering body

answering dept id

answering dept short name

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legislature


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question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

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answer text

answering member constituency

answering member printed

question first answered

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tabling member


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57834

registered interest

date

04/06/2014

answering body

HM Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

CaTreasury

hansard heading

Bank Services

house id

legislature

25259

pref label	House of Commons

question text

To ask Mr Chancellor of the Exchequer, what recent discussions he has had with the Payments System Regulator on its market study into the ownership of payments systems by the largest banks.

tabling member constituency

Kilmarnock and Loudoun

tabling member printed

Cathy Jamieson

uin

198991

answer

is ministerial correction

date of answer

11/06/2014

answer text

<p> </p><p>At Budget 2014, the Chancellor announced that the competition powers of the Payment Systems Regulator would be switched on with immediate effect. This enables the Regulator to conduct a market study on ownership of the payment systems and, depending on the outcome, to refer the question of ownership to the Competition and Markets Authority. The decision about whether to commence a market study is one for the Regulator.</p>

answering member constituency

South Northamptonshire

answering member printed

Andrea Leadsom

question first answered

11/06/2014 15:25:19

answering member

4117

label	Biography information for Andrea Leadsom

tabling member

4011

label	Biography information for Cathy Jamieson