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1226509
registered interest false more like this
date less than 2020-07-20more like thismore than 2020-07-20
answering body
Department for International Development more like this
answering dept id 20 remove filter
answering dept short name International Development more like this
answering dept sort name International Development more like this
hansard heading Remittances more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for International Development, what recent steps she has taken to support diaspora communities in the UK seeking to send remittances abroad to have access to transparent transaction costs in relation to those remittances. more like this
tabling member constituency Birmingham, Edgbaston more like this
tabling member printed
Preet Kaur Gill more like this
uin 76840 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-07-27more like thismore than 2020-07-27
answer text <p>The Government has taken steps to improve transparency in the remittance sector, not just in the UK but globally. We co-lead with the Swiss Government with the support of multilateral organisations on the Global Call to Action to keep remittances flowing and to improve transparency in the sector.</p><p>The department is working closely HM Treasury to improve transparency in the sector. In the UK, we have worked cross Government to develop communication lines to encourage the diaspora community to use digital channels and to review the different options available before sending funding.</p><p>We are working with industry associations and leading remittance service providers on how best to improve transparency in the sector and are reviewing the key lessons from other development agencies who have sought to improve transparency in remittances in their countries.</p><p>We understand the need for remitters to be well informed (especially about the cost of sending money abroad) and are working towards solutions that are sustainable, effective and represent good value for money.</p>
answering member constituency Rochford and Southend East more like this
answering member printed James Duddridge more like this
question first answered
less than 2020-07-27T17:04:03.047Zmore like thismore than 2020-07-27T17:04:03.047Z
answering member
1559
label Biography information for Sir James Duddridge more like this
tabling member
4603
label Biography information for Preet Kaur Gill more like this