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min question first answered	2019-07-17T15:55:13.593Z
answering dept sort name	Treasury
uin	906085

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registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

1234273

registered interest

date

15/09/2020

answering body

Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

Credit

house id

legislature

25259

pref label	House of Commons

question text

What steps his Department is taking to help ensure that buy now pay later lenders comply with guidance set out by the (a) Financial Conduct Authority and (b) Advertising Standards Agency.

tabling member constituency

Walthamstow

tabling member printed

Stella Creasy

uin

906085

answer

is ministerial correction

date of answer

15/09/2020

answer text

Where a buy now pay later lender is offering a regulated credit agreement, it must be authorised and regulated by the Financial Conduct Authority. Where an authorised firm breaches FCA rules and guidance, the FCA is able to take action against them. Where a firm breaks the UK Advertising Codes, the Advertising Standards Authority is able to ban those advertisements.

answering member constituency

Salisbury

answering member printed

John Glen

question first answered

15/09/2020 13:03:09

answering member

4051

label	Biography information for John Glen

tabling member

4088

label	Biography information for Stella Creasy