Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what discussions his Department has had with the Financial Conduct Authority about the introduction of a duty of care for the banking sector to support people with cancer.

The government believes that the Financial Conduct Authority (FCA), as the UK’s independent conduct regulator for the financial services industry, is best placed to evaluate the merits of a duty of care for financial services providers. We therefore welcome the FCA’s commitment to publish a Discussion Paper on the subject, which the FCA plans to publish after the UK’s withdrawal from the EU.