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Financial Services: Regulation

Treasury written question – answered on 18th October 2018.

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Photo of Chris Ruane Chris Ruane Shadow Minister (Wales)

To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of amending the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 to include unregulated financial activity.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 specifies the activities that fall within the scope of UK financial services regulation. The Government continues to keep those activities that fall within the scope of the Regulated Activities Order under review.

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