Written question asked by Andy Slaughter (Labour) on Wednesday, 12 July 2017, in the House of Commons. It was due for an answer on Monday, 17 July 2017 (named day). It was answered by Steve Barclay (Conservative) on Monday, 17 July 2017 on behalf of the Treasury.
Foreign Exchange
- Question
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To ask Mr Chancellor of the Exchequer, whether he plans to publish the results of the research on foreign exchange; whether those results will be published with the Government response to that consultation; whether he plans to use those results to inform amendments to the draft Payment Services Regulations 2017; and if he will make a statement.
- Answer
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The Government does not intend to publish the research it conducted earlier in the year on the effects of transparency in overseas money transfers (involving foreign exchange) on consumer decisions at this point in time as it relates to the formulation and development of ongoing government policy.
However, the research will help to inform the Government’s response to its consultation on the implementation of the second Payment Services Directive, which will be published shortly. The Government will need to weigh up the benefits of requiring greater transparency with other considerations, such as the Government’s approach to implementing maximum harmonising Directives.
Secondary information
- Type
- Written question
- Reference
- 4713
- Session
- 2017-19
- Related items
- Subjects
- Consumers EU law Protection Payments Prices Foreign exchange
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2018-10-04 10:09:40 +0100
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- http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/4713
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