Personal Banking and Fairer Financial Services APPG

First Registered: 16/12/2020 • Last updated on: 27/01/2021

Official Page

To identify aspects of personal banking and financial services where the service providers or regulators have not delivered, or are not delivering, excellence and appropriate consumer protection; to facilitate and encourage all stakeholders to work together to resolve past and present shortcomings, and to bring about positive changes.

Note: All-Party Parliamentary Groups (APPGs) are informal, cross-party groups formed by MPs and Members of the House of Lords who share a common interest in a particular policy area, region or country. APPGs have no official status within Parliament.

Current Members - Contact Details - Benefits in Kind - Financial Benefits

This content was generated for your convenience by Parallel Parliament and does not form part of the official record.
Recent Documents related to Personal Banking and Fairer Financial Services

1. IPSE
27/11/2019 - Competition and Markets Authority (CMA)
- View source

Found: IPSE response to the CMA s retail banking market investigation June 2016 Please note the

2. Britain can become the natural global home for fintech
10/10/2018 - HM Treasury
- View source

Found: work as well as possible and improve government services. Accept all cookies Set cookie preferences

3. Which? - written evidence
15/05/2019 - Inquiry: Post Office network - Business, Energy and Industrial Strategy Committee
- View source

Found: decisions and campaigns to make people’s lives fairer, simpler and safer.  Summary 1.      Which? welcomes

4. More financial services firms commit to improve gender diversity at the top
11/07/2018 - HM Treasury
- View source

Found: More financial services firms commit to improve gender diversity

5. Two non-executive directors appointed to the Single Financial Guidance Body
13/08/2018 - The Pensions Advisory Service (TPAS)
- View source

Found: non-executive directors appointed to the Single Financial Guidance Body - GOV.UK

Latest Documents
Recent Speeches related to Personal Banking and Fairer Financial Services

1. Consumer Access: Financial Services
06/06/2019 - Westminster Hall

1: Treasury Committee, Consumers’ access to financial services, HC 1642.It is a pleasure to serve - Speech Link

2. Unauthorised Overdrafts
08/02/2017 - Westminster Hall

1: market. Almost three in 10 people in the UK with personal current accounts have been overdrawn in the past - Speech Link
2: charges, so in its review of high-cost credit, the Financial Conduct Authority should look at introducing a - Speech Link
3: more by some major high street banks than the Financial Conduct Authority allows payday loan companies - Speech Link
4: getting divorced. The increased burden of managing financial commitments on her own meant that she slipped - Speech Link
5: overdrafts so that they can push them on to even higher personal loans and other products, which they might not - Speech Link
6: Most of us regard banks as more reputable and fairer to customers, yet for many people that is just - Speech Link

3. Community Bank Closures
08/02/2018 - Commons Chamber

1: recognises the vital importance of community-based banking; believes that national banks have a responsibility - Speech Link
2: recognises the vital importance of community-based banking; believes that national banks have a responsibility - Speech Link
3: to my shock. On the question of shrinking bank services and millions of people being affected, following - Speech Link
4: genuine issue about the responsibility of community banking. When I got my first paying-in book, there were - Speech Link

4. Tax: Church Action for Tax Justice Reports
21/01/2021 - Grand Committee

1: are more relevant than ever, not least with the financial impacts of the Covid-19 pandemic being felt in - Speech Link
2: economy, with HMRC being an effective means of financial support for many people. There is a real opportunity - Speech Link
3: tax haven jurisdictions, taking advantage of financial secrecy and helping to mask the true ownership - Speech Link

5. Banking (Consumer and Small Business Protection)
07/05/2019 - Commons Chamber

1: foreclosure of certain loans; to establish financial services tribunals; and for connected purposes.This - Speech Link

6. Finance Bill (Fourth sitting)
09/06/2020 - Public Bill Committees

1: Welcome back to the Chair, Ms McDonagh.The Financial Secretary has outlined the impact that clause - Speech Link
2: main benefit of the SBA is one of cash flow. As financial accounts will have to provide for a deferred tax - Speech Link
3: afternoon. I rise not to take umbrage at what the Financial Secretary said but to give voice to the concerns - Speech Link

7. Lloyds, HBOS and the Cranston Review
04/02/2020 - Westminster Hall

1: time I have spoken under your chairmanship about banking matters. This story is at least as shocking as - Speech Link
2: all-party parliamentary group on fair business banking.The all-party group, which I co-chair, made - Speech Link
3: that a freedom of information request to the Financial Ombudsman Service showed that, between 2015 and 2018 - Speech Link
4: done is a basic principle that, it seems, the banking sector does not have to adhere to.When the - Speech Link

8. Economy: Personal Savings
12/07/2018 - Lords Chamber

1: to promote personal savings and the role they can play in building a stronger and fairer economy. - Speech Link
2: Corporate Finance, which advises companies in the financial services sector, including those in areas that I will - Speech Link

9. HBOS Reading: Independent Review
18/12/2018 - Westminster Hall

1: whose business went under through the Lloyds Banking Group. He has mentioned public bodies, including - Speech Link
2: I do agree. The sector is so far away from the banking sector that we need that fundamental reform is - Speech Link
3: the human cost of these issues as well as the financial cost, which is critical. What we want to see, - Speech Link
4: businesses, he is“invariably dealing with the financial equivalent of a car crash.”How can that - Speech Link
5: all-party parliamentary group on fair business banking and finance, of which I am now co-chair, said right - Speech Link

10. Post Office Network
25/04/2019 - Westminster Hall

1: only use, but rely on their post offices and the services they provide. Their importance has underpinned - Speech Link
2: them nearing a year. Post offices provide banking services as well as the postal service, and they are - Speech Link
3: served his mother actually helped her with her banking, going way over and above what he was paid to do - Speech Link

Latest Speeches
Recent Questions related to Personal Banking and Fairer Financial Services
1. Financial Services: Disclosure of Information
asked by: Chi Onwurah
21/12/2017
... what plans the Financial Conduct Authority and Open Banking Implementation Entity have to ensure that financial data aggregation platforms that are not defined as Account Information Service Providers can gain direct access to the standardised open banking application programming interfaces.

2. Bank Services: Travellers
asked by: Tulip Siddiq
16/03/2018
... what steps he has taken to encourage the banking sector to improve financial inclusion for Gypsies and Travellers.

3. Financial Services: Disclosure of Information
asked by: Chi Onwurah
21/12/2017
... what discussions his Department has had with the Financial Conduct Authority and the Open Banking Implementation Entity on ensuring that financial data aggregation platforms that are not defined as Account Information Service Providers can gain direct access to standardised open banking application programming interfaces.

4. Bank Services
asked by: Grahame Morris
21/10/2020
... what steps he is taking to protect community access to banking facilities for vulnerable people unable to use online banking.

5. Bank Services: Standards
asked by: Adam Afriyie
13/06/2019
... what key performance indicators his Department uses to assess the performance of Open Banking; and what recent assessment he has made of the performance of Open Banking.

Latest Questions
5 Current APPG Officers
Robert Largan Portrait
Robert Largan
Vice Chair
Conservative - High Peak
Joined: 16th December 2020
3 APPG Memberships
Events , Peak District , Working at Height
Aaron Bell Portrait
Aaron Bell
Vice Chair
Conservative - Newcastle-under-Lyme
Joined: 16th December 2020
Contact Details

Registered Contact:

Peter Gibson MP, House of Commons, London, SW1A 0AA. Tel: 0207 219 3000.

Email: peter.gibson.mp@parliament.uk

Public Enquiry Point:

Andy Agathangelou, Transparency Task Force Ltd, 45 Creech View, Denmead, Waterlooville, Hampshire PO7 6SU. Tel: 07501 460 308

Email: andy.agathangelou@transparencytaskforce.org

No benefits in kind are on record for the Personal Banking and Fairer Financial Services APPG

No direct financial benefits are on record for the Personal Banking and Fairer Financial Services APPG