Bank Services

Treasury written question – answered on 17th September 2020.

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Photo of Dan Carden Dan Carden Shadow Financial Secretary (Treasury)

To ask the Chancellor of the Exchequer, pursuant to the Answer of 21 July 2020 to Questions 75431 to 75432 on Bank Services, 75433 on Bank Services: Foreign Nationals and 75434 on Bank Services: Undocumented Migrants, for what reason that information is not held by HM Treasury.

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

Although HM Treasury sets the legal framework for the regulation of financial services, it does not routinely collect such specific information of this kind. The information relates to commercial data from UK financial institutions.

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