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714722
star this property registered interest false more like this
star this property date less than 2017-03-28more like thismore than 2017-03-28
star this property answering body
HM 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 CaTreasury more like this
star this property hansard heading Foreign Exchange: Small Businesses 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 Mr Chancellor of the Exchequer, what assessment his Department has made of the effect of non-transparent pricing structures in foreign currency exchange on UK small businesses which trade overseas. more like this
star this property tabling member constituency Linlithgow and East Falkirk more like this
star this property tabling member printed
Martyn Day more like this
star this property uin 69488 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 2017-04-18more like thismore than 2017-04-18
star this property answer text <p>A competitive and transparent financial services sector is vital to ensuring that the UK economy delivers for consumers and businesses.</p><p>The Government has not yet made an assessment of the effect of pricing structures used by foreign currency providers on competition for consumers or UK small businesses which trade overseas but, as with all policy areas, keeps transparency of foreign exchange fees under review.</p><p>The Government is currently conducting research on the effects of transparency on consumer decisions to inform its policy approach. The Government has recently consulted on draft regulations for the implementation of the Second Payment Service Directive, and will respond in due course.</p> more like this
star this property answering member constituency Brighton, Kemptown remove filter
unstar this property answering member printed Simon Kirby more like this
star this property grouped question UIN 69490 more like this
star this property question first answered
less than 2017-04-18T14:14:42.007Zmore like thismore than 2017-04-18T14:14:42.007Z
star this property answering member
3929
star this property label Biography information for Simon Kirby more like this
star this property tabling member
4488
unstar this property label Biography information for Martyn Day remove filter