On Wednesday, we’ll be scrutinising the work of Financial Conduct Authority

The session comes amid a lively public debate on the regulator’s proposals potentially to publicise enforcement investigations while they are still under way.

🔎 Learn more 👉 committees.parliament.uk/event/21537/fo…

✉️ We have published correspondence from four major banks.

Among other topics, the letters confirm lenders received more than £9 billion in interest on Bank of England reserves in 2023

Find out more 👇committees.parliament.uk/committee/158/…

🚨 'We need to see them as one tool among many that can address Russia's aggression'

💷 Yesterday we held the first session of our inquiry into whether the UK's Russian financial sanctions are working

Find out more and watch the meeting back 👉 committees.parliament.uk/event/21455/fo…

Are the UK's Russian financial sanctions working?

We've published written evidence related to our inquiry into the effectiveness of financial sanctions against Russia

Read more on our website 👉 committees.parliament.uk/work/8278/are-…

📗 We have published a second response from HM Treasury to our Edinburgh Reforms report, following our request for a more detailed official response.

Read more: publications.parliament.uk/pa/cm5804/cmse…

💷 Yesterday HMRC officials told us that customer service levels at the organisation will get worse before they get better.

🔎 You can watch the session back here: parliamentlive.tv/event/index/68…

🗣 This afternoon, we’ll be scrutinising the work of HM Revenue & Customs.

📺 Join us in the Thatcher room at 2.15pm UK House of Commons, or watch the session live 👇
parliamentlive.tv/event/index/68…

🚨 NEW: We’re published figures from Financial Ombudsman Service showing the number of complaints relating to debanking has grown by 44% year on year.

🔎 See the figures in full here: committees.parliament.uk/publications/4…

Read our chair Harriett Baldwin MP’s comment here 👇
committees.parliament.uk/committee/158/…

🚨 Government Response 🚨

In February, we published a report on Quantitative Tightening (QT). We have now received a response from HM Treasury, Bank of England and the Debt Management Office.

🔎 Learn more and read the full report here 👇
committees.parliament.uk/committee/158/…

📺Today we took evidence from Which? , CitizensAdvice , ABI , Allianz Insurance and Financial Conduct Authority about the insurance market.

📢Hear what the ABI said about changes in car insurance costs since the pandemic👇

Watch the whole session here: parliamentlive.tv/Event/Index/fd…

✅ Following yesterday’s hearing, we have today published a report signalling our agreement to the appointment of Clare Lombardelli as Deputy Governor for Monetary Policy Bank of England.

📗 Learn more and read the report below 👇
committees.parliament.uk/committee/158/…