Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.

Donate to our crowdfunder

Bank Services

Treasury written question – answered on 25th March 2020.

Alert me about debates like this

Photo of Sharon Hodgson Sharon Hodgson Shadow Minister (Public Health)

To ask the Chancellor of the Exchequer, what recent discussions he has had with the Leader of the House on allocating parliamentary time for legislative proposals on dormant assets.

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

As you may be aware, the Government recently launched a consultation on expanding the dormant assets scheme beyond bank and building society accounts to include a wider range of financial assets. The Government is committed to this expansion, unlocking substantial sums of unclaimed assets for good causes while maintaining and improving consumer protection.

It is right and proper that the feedback from this consultation shapes any future dormant assets legislation. The Government will engage with the Leader of the House on the introduction of this legislation when appropriate.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.