Written Question – Treasury [12/12/2017]

HM Treasury has provided the following answer to your written parliamentary question (117218):

Question:
To ask Mr Chancellor of the Exchequer, what discussions his Department has had with the Financial Conduct Authority about the introduction of a duty of care for the banking sector to support people with cancer. (117218)

Tabled on: 04 December 2017

Answer:
Stephen Barclay:

The government believes that the Financial Conduct Authority (FCA), as the UK’s independent conduct regulator for the financial services industry, is best placed to evaluate the merits of a duty of care for financial services providers. We therefore welcome the FCA’s commitment to publish a Discussion Paper on the subject, which the FCA plans to publish after the UK’s withdrawal from the EU.

The answer was submitted on 12 Dec 2017 at 14:50.

 

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