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Westminster Hall debateWestminster HallTuesday, 14 April 202609:30

Hidden credit liabilities and the role of the Financial Conduct Authority

Backbench debate (separate chamber, no votes)

This Westminster Hall debate examines hidden credit liabilities and the Financial Conduct Authority's role in regulating them. The discussion will focus on how consumers and businesses are exposed to undisclosed credit risks and what the FCA should do to improve transparency and consumer protection.

This matters to millions of UK consumers and businesses who may be exposed to credit risks they don't fully understand. Poor regulation of hidden credit liabilities can trigger financial crises, harm consumers' ability to borrow, and damage wider economic stability. The debate will likely scrutinise whether the FCA is doing enough to protect people from predatory lending and financial opacity.

Economy & Jobs (General)Cost of Living

MPs most likely to speak

Chris BryantLabour Party

Rhondda and Ogmore

Dame Harriett BaldwinConservative and Unionist Party

West Worcestershire

John McDonnellLabour Party

Hayes and Harlington

Mr Alistair CarmichaelLiberal Democrats

Orkney and Shetland

Alison HumeLabour Party

Scarborough and Whitby

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