Written question asked by Stephen Timms (Labour) on Wednesday, 16 June 2021, in the House of Commons. It was due for an answer on Tuesday, 22 June 2021 (named day). It was answered by John Glen (Conservative) on Tuesday, 22 June 2021 on behalf of the Treasury.
Financial Services: Fraud
- Question
-
What recent discussions he has had with the Financial Conduct Authority on tackling online financial crime.
- Answer
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Whilst the FCA is an independent, non-governmental regulator, the Treasury, as the department jointly responsible for economic crime policy with Home Office, is in regular contact with the FCA on matters to do with online financial crime. I can confirm that my officials hold regular discussions with their FCA counterparts on these issues, including on the delivery of the Economic Crime Plan, the prevention of online harms, including financial promotions and online fraud, and issues related to anti-money laundering supervision. In addition, the FCA is a member of the Economic Crime Strategic Board, through which the government, regulators, law enforcement, and industry discuss and drive forward the UK’s overall response to economic crime.
Secondary information
- Type
- Written question
- Reference
- 901634
- Session
- 2021-22
- Question not reached
- Yes
- Subjects
- Fraud Financial services Internet Financial Conduct Authority
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2024-06-27 09:04:50 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2021-22/901634
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