Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether his Department has undertaken a gender equality impact assessment of the reforms to the Financial Promotion Order exemptions for high-net-worth individuals and sophisticated investors.

The changes to the financial promotion exemptions that came into force on 31 January 2024 were subject to a public consultation which closed in March 2022.

However, the Government recognises the significant concerns that have been raised recently about these changes. I met recently with the angel investing sector and listened carefully to the representations made, and the Government is working closely with the sector to address the concerns raised