Source · Select Committees · Treasury Committee
Recommendation 28
28
Paragraph: 124
How to read this label. It records the position parsed from the published government response. It is not an official government label and does not show whether action was delivered.
We recommend that the PSR supplies a report to our Committee on progress in the...
Recommendation
We recommend that the PSR supplies a report to our Committee on progress in the implementation of Phase 2 by the end of 2022.
Paragraph Reference:
124
Government Response
Position Not Stated
HM Government · verbatim extract
Position Not Stated
Improving data-sharing between banks is one of the measures which the PSR is implementing as part of its reform of the CRM Code. The Treasury should be ready to bring forward any legislation which is needed to enable this, and the PSR should ensure that banks act quickly in putting in place the necessary changes.
Read the full response on Parliament ↗