Written Question on Client Money Protection

Written Questions are submitted by MPs or Lords to receive information from a Department.


See more on: "Client Money Protection"
Date Title Questioner
16 Apr 2018, 3:24 p.m. Client Money Protection Lord Kennedy of Southwark

Question

To ask Her Majesty's Government when they intend to issue regulations for Client Money Protection schemes.

Answer (Lord Bourne of Aberystwyth)

The Government is committed to making membership of a client money protection scheme mandatory for property agents in the private rented sector. Our response to the recent consultation was published on 1 April 2018, which sets out our implementation approach. We will bring forward secondary legislation to implement our commitment after Easter recess. We intend to give sufficient notice and a transition period for agents to comply with the requirement to join a client money protection scheme.


You may also be interested in: