Source · Select Committees · Scottish Affairs Committee
Recommendation 9
9
Paragraph: 59
We recommend that the UK Government should clarify their position on how the Financial Services...
Recommendation
We recommend that the UK Government should clarify their position on how the Financial Services and Markets Bill will interact with pre-existing industry-led solutions such as LINK’s Financial Inclusion Programme. Currently, LINK’s Financial Inclusion Programme is reliant on the voluntary membership of card issuers and ATM operators. We recommend that the UK Government consider legislating in the Financial Services and Markets Bill to mandate the membership of LINK for card issuers and ATM operators to ensure that the Financial Inclusion Programme can continue to provide free access to cash for as long as it is needed.
Paragraph Reference:
59
Government Response
A response document is linked to this report, dated 19 October 2022. Response attribution to this recommendation has not been verified. Read the response document ↗