Follow-up to the recommendations of the Financial Exclusion Select Committee
The Liaison Committee is holding a one-off evidence session on the recommendations of the former Financial Exclusion Select Committee. In the review of investigative and scrutiny committees, the Liaison Committee recommended that the Committee may hold a small number of evidence sessions to follow-up a special inquiry committee's recommendations. This is the third such session.
The Liaison Committee will be joined at the one-off evidence session by former members of the Financial Exclusion Select Committee Baroness Primarolo, Lord Empey, Viscount Brookeborough and the former Chair, Baroness Tyler of Enfield.
Meeting details
Possible questions are:
- Has the transition towards a cashless economy put individuals at serious risk of social exclusion and marginalisation?
- What role does the Post Office currently have in providing access to financial services for customers who are or at risk of financial exclusion and how might that role develop?
- Are the FCA’s principles sufficient to ensure that Financial Service providers exercise a duty of care to their customers?
- What are banks doing to promote the use of basic bank accounts?
- Is the Government’s leadership on financial inclusion sufficient?
It is anticipated that the Liaison Committee will publish a report on the outcome of the evidence session with a Government response to the report to follow.