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date	2019-01-28
tabling member printed	Gareth Thomas
hansard heading	Treasury: Trade Associations

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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

1050302

registered interest

date

28/01/2019

answering body

Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

Treasury: Trade Associations

house id

legislature

25259

pref label	House of Commons

question text

To ask the Chancellor of the Exchequer, which regulatory functions imposed by legislation for which his Department has responsibility are currently undertaken by trade associations; and if he will make a statement.

tabling member constituency

Harrow West

tabling member printed

Gareth Thomas

uin

213190

answer

is ministerial correction

date of answer

05/02/2019

answer text

<p>The Treasury sets the legal framework for the regulation of financial services. The financial services industry is primarily regulated by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), which are independent regulatory bodies, given statutory powers by the Financial Services and Markets Act (2000). Trade associations, namely bodies that represent businesses within a specific industry, do not carry out legislative regulatory functions for financial services.</p><p> </p>

answering member constituency

Salisbury

answering member printed

John Glen

question first answered

05/02/2019 11:04:59

answering member

4051

label	Biography information for John Glen

tabling member

177

label	Biography information for Gareth Thomas