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Legislative Consent: Financial Guidance and Claims Bill
The
Financial
Guidance and Claims Bill is a UK Government Bill sponsored by the Department
for Work and Pensions. Its stated policy objectives are to:
- create
a single body – the Single Financial Guidance Body – responsible for all
public financial guidance, to enable members of the public to access
good-quality, free-to-client, impartial financial guidance and debt
advice;
- make
changes to the regulation of Claims Management Companies (CMCs),
transferring regulatory responsibility to the Financial Conduct Authority
in order to protect consumers from widespread malpractice across the sector,
such as nuisance calls and encouragement of fraudulent claims.
The
Welsh Government tabled a Legislative
Consent Memorandum in relation to the Financial Guidance and Claims Bill
(PDF, 92KB) on 5 July 2017.
The
Legislative Consent Memorandum was referred to the Children,
Young People and Education Committee and the Equalities,
Local Government and Communities Committee by the Business Committee on 18
July 2017, with a reporting deadline of 5 October 2017.
The
Equality, Local Government and Communities Committee published its report
on the LCM on 8 February 2018.
The
Children, Young People and Education Committee published its report
on the LCM on 8 February 2018.
The
Senedd voted to give consent to the Bill on 13
February 2018.
Business type: Legislative Consent
Reason considered: Government Business;
First published: 20/07/2017
Decision due: 18 Jul 2017 by Business Committee
Decision due: Before 5 Oct 2017 by Children, Young People and Education Committee, Equality, Local Government and Communities Committee
Documents
- Letter from Cabinet Secretary for Communities and Children to the Chair of the Children, Young People and Education Committee – 23 August 2017
PDF 270 KB
- Letter from Cabinet Secretary for Education to the Chair of the Children, Young People and Education Committee - 23 August 2017
PDF 277 KB
- Legislative Consent Memorandum - Financial Guidance and Claims Bill - 5 July 2017 (PDF, 92KB)
- Business Committee – Timetable for consideration of the Legislative Consent Memorandum for the Financial Guidance and Claims Bill - July 2017 (PDF, 51 KB)
- Children, Young People and Education Committee: Report on the Legislative Consent Memorandum for the UK Government’s Financial Guidance and Claims Bill
- Equality, Local Government and Communities Committee: Report on the Legislative Consent Memorandum on the Financial Guidance and Claims Bill