Powys MP Fay Jones welcomes free access to cash move
A Powys MP has welcomed the government’s decision to ensure a legal right to free access to cash as “vital” for members of their community.
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A Powys MP has welcomed the government’s decision to ensure a legal right to free access to cash as “vital” for members of their community.
Amendments made to the Financial Services and Markets Bill would give the Financial Conduct Authority (FCA) new powers to ensure people have access to free-to-use ATMs.
The Government has reversed a policy on free access to cash, and will now back calls to empower regulators to ensure people can access paper money.
The changes were introduced in amendments put forward by ministers late on Thursday to the Financial Services and Markets Bill.
The changes were introduced in amendments put forward by ministers late on Thursday to the Financial Services and Markets Bill.