Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will publish the (a) membership, (b) terms of reference and (c) minutes of meetings of the Financial Inclusion Policy Committee.
Since March 2018, the Government has convened the Financial Inclusion Policy Forum, bringing together senior stakeholders to promote collaboration and provide the leadership needed to tackle financial exclusion.
The forum’s membership includes leaders from industry, the third sector, and consumer groups, as well as representation from the Financial Conduct Authority (FCA) and government. The forum seeks to ensure that individuals, regardless of their background or income, have access to useful and affordable financial products and services.
A summary of each forum meeting is published on the government website and can be accessed using the following link - Summary of Financial Inclusion Policy Forum meetings - GOV.UK (www.gov.uk). I convened the most recent forum on 14 February at the Money Advice Trust (MAT) which included discussion of affordable credit and accessibility in financial services. A summary of the meeting will be published in due course.