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Written question asked by Tulip Siddiq (Labour) on Wednesday, 22 April 2026, in the House of Commons. It was due for an answer on Tuesday, 28 April 2026 (named day). It was answered by Lucy Rigby (Labour) on Tuesday, 28 April 2026 on behalf of the Treasury.


Banks: Misconduct

Question

To ask the Chancellor of the Exchequer, what steps she is taking to help ensure that regulators hold banks to account for financial misconduct.

Answer

This country is a world leader in financial services because we adhere to high standards. Both the Financial Conduct Authority and the Prudential Regulation Authority have powers to enforce regulation, the ability to apply a range of sanctions to firms and individuals who breach their rules, and to prosecute offences in the criminal courts.


Secondary information

Type
Written question
Reference
908897
Session
2024-26
Question not reached
Yes
Subjects
Banks Misconduct Regulation
Link
View this Written question on www.parliament.uk