Bank Services: Freezing of Assets

(asked on 12th March 2024) - View Source

Question to the Home Office:

To ask the Secretary of State for the Home Department, what estimate he has made of the number of financial institutions he expects to participate in the suspended accounts scheme.


Answered by
Tom Tugendhat Portrait
Tom Tugendhat
Shadow Minister (Home Office) (Security)
This question was answered on 19th March 2024

We are committed to developing a scheme that satisfies the objectives of both industry and government and it will be open to members across the whole financial sector.

As a voluntary scheme, we are currently working closely with the financial sector on the detail, to ensure that it is attractive to as many participants as possible.

Reticulating Splines