Credit: Regulation

Treasury written question – answered on 20 July 2023.

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Photo of Tulip Siddiq Tulip Siddiq Shadow Minister (Treasury)

To ask the Chancellor of the Exchequer, what his planned timescale is for implementing regulations on buy-now pay-later providers.

Photo of Andrew Griffith Andrew Griffith The Economic Secretary to the Treasury

The Government’s consultation on proposed draft legislation to bring BNPL into regulation closed in April. The Government is carefully considering stakeholder feedback to this consultation and intends to publish a consultation response in due course, in which it will set out next steps.

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