1-8 of 8 results for subject:"Risk assessment"
Librarians' tools
- Search time
- 0.142 seconds
- Solr query time
- 0.003 seconds
- Search query
- subject:"Risk assessment"
- We searched for
- subject_t:"Risk assessment" OR subject_ses:12525
Type
House
Session
Year
Department
Member
Primary member
More
Answering member
Legislative stage
Legislation
Subject
Publisher
To ask the Secretary of State for Culture, Media and Sport, what assessment her Department has made of whether Financial Risk Assessments under the Gambling Commission's pilot remain aligned with the policy intent set out in the 2023 gambling white paper; and whether she will publish that assessment.
To ask the Secretary of State for Culture, Media and Sport, what assessment her Department has made of whether Financial Risk Assessments under the Gambling Commission's pilot remain aligned with the policy intent set out in the 2023 gambling white paper; and whether she will publish that assessment.
DCMS supports the policy intent behind Financial Risk Assessments, as set out in the white paper. We have taken note of the Gambling Commission’s pilot and its published findings, and have had regular engagement with the Commission on this issue.
DCMS believes that the pilot indicates Financial Risk Assessments should be a useful tool in efforts to tackle gambling-related harm, should the Commission decide to implement them. Findings from the pilot suggest that they target and identify customers who are both experiencing high losses and are in financial difficulties. We also believe that Financial Risk Assessments will not be intrusive. The white paper estimated that only 3% of active gambling accounts would be expected to undergo an assessment; and the pilot indicated that 97% of those assessments would be completed frictionlessly, within seconds and conducting a check would not interrupt the customer experience.
It is for the Gambling Commission to decide whether to implement Financial Risk Assessments. The Commission has committed to ongoing review, evaluation and adaptation over time if Financial Risk Assessments are introduced.
To ask the Secretary of State for Culture, Media and Sport, if she will update the House on the progress of Financial Risk Assessments after the Gambling Commission Board meeting on 21 May.
To ask the Secretary of State for Culture, Media and Sport, if she will update the House on the progress of Financial Risk Assessments after the Gambling Commission Board meeting on 21 May.
It is for the Gambling Commission to decide whether to implement Financial Risk Assessments. DCMS supports the policy intent behind Financial Risk Assessments, and has had regular engagement with the Gambling Commission on this issue.
The Gambling Commission has confirmed that its Board met at the end of May and the agenda included consideration of the extensive evidence base connected with financial risk assessments. The Commission Board has not yet fully completed its assessment of that evidence. The Commission has confirmed that it will communicate further in due course.
To ask the Secretary of State for Culture, Media and Sport, what assessment her Department has made of the potential economic impact on the horse racing and sports betting industries of the full implementation of financial risk assessments on gambling.
To ask the Secretary of State for Culture, Media and Sport, what assessment her Department has made of the potential economic impact on the horse racing and sports betting industries of the full implementation of financial risk assessments on gambling.
It is for the Gambling Commission to decide whether to implement Financial Risk Assessments (FRA). DCMS continues to support the policy intent behind Financial Risk Assessments, and has had regular engagement with the Gambling Commission on this issue.
Financial Risk Assessments remain aligned with the policy intent as set out in the 2023 Gambling White Paper. The pilot has provided evidence of financial risk for consumers that is not currently being captured through existing policy measures. Current operator practices also introduce friction for some consumers which may not be needed if FRAs were to be rolled out.
Consideration of impact is part of the Commission’s decision making. The Commission has also committed to ongoing review, evaluation and adaptation over time if Financial Risk Assessments are introduced.
The Government is taking action to tackle the illegal gambling market, including collaborative action through the Illegal Markets Taskforce. HMT has provided the Gambling Commission with £26 million across the next 3 years for action to tackle the illegal market. The issue of customer displacement to the illegal market was carefully considered when developing the 2023 Gambling White Paper, and we are confident that the measures we have introduced since then are proportionate.
To ask the Secretary of State for Culture, Media and Sport, whether (a) the Government plans to pause the implementation of financial risk assessments for gambling; and (b) if she will make a statement on the matter.
To ask the Secretary of State for Culture, Media and Sport, whether (a) the Government plans to pause the implementation of financial risk assessments for gambling; and (b) if she will make a statement on the matter.
It is for the Gambling Commission to decide whether to implement Financial Risk Assessments (FRA). DCMS continues to support the policy intent behind Financial Risk Assessments, and has had regular engagement with the Gambling Commission on this issue.
Financial Risk Assessments remain aligned with the policy intent as set out in the 2023 Gambling White Paper. The pilot has provided evidence of financial risk for consumers that is not currently being captured through existing policy measures. Current operator practices also introduce friction for some consumers which may not be needed if FRAs were to be rolled out.
Consideration of impact is part of the Commission’s decision making. The Commission has also committed to ongoing review, evaluation and adaptation over time if Financial Risk Assessments are introduced.
The Government is taking action to tackle the illegal gambling market, including collaborative action through the Illegal Markets Taskforce. HMT has provided the Gambling Commission with £26 million across the next 3 years for action to tackle the illegal market. The issue of customer displacement to the illegal market was carefully considered when developing the 2023 Gambling White Paper, and we are confident that the measures we have introduced since then are proportionate.
To ask the Secretary of State for Culture, Media and Sport, (a) what assessment her Department has made of the outcomes of the financial risk assessment pilot conducted by the Gambling Commission; and (b) what metrics were used to evaluate its effectiveness.
To ask the Secretary of State for Culture, Media and Sport, (a) what assessment her Department has made of the outcomes of the financial risk assessment pilot conducted by the Gambling Commission; and (b) what metrics were used to evaluate its effectiveness.
It is for the Gambling Commission to decide whether to implement Financial Risk Assessments (FRA). DCMS continues to support the policy intent behind Financial Risk Assessments, and has had regular engagement with the Gambling Commission on this issue.
Financial Risk Assessments remain aligned with the policy intent as set out in the 2023 Gambling White Paper. The pilot has provided evidence of financial risk for consumers that is not currently being captured through existing policy measures. Current operator practices also introduce friction for some consumers which may not be needed if FRAs were to be rolled out.
Consideration of impact is part of the Commission’s decision making. The Commission has also committed to ongoing review, evaluation and adaptation over time if Financial Risk Assessments are introduced.
The Government is taking action to tackle the illegal gambling market, including collaborative action through the Illegal Markets Taskforce. HMT has provided the Gambling Commission with £26 million across the next 3 years for action to tackle the illegal market. The issue of customer displacement to the illegal market was carefully considered when developing the 2023 Gambling White Paper, and we are confident that the measures we have introduced since then are proportionate.
To ask the Secretary of State for Culture, Media and Sport, whether the findings of the Gambling Commission's financial risk assessment pilot will be assessed against the specific commitments made in the April 2023 Gambling White Paper before any decision is taken on a national rollout of financial risk assessments.
To ask the Secretary of State for Culture, Media and Sport, whether the findings of the Gambling Commission's financial risk assessment pilot will be assessed against the specific commitments made in the April 2023 Gambling White Paper before any decision is taken on a national rollout of financial risk assessments.
It is for the Gambling Commission to decide whether to implement Financial Risk Assessments (FRA). DCMS continues to support the policy intent behind Financial Risk Assessments, and has had regular engagement with the Gambling Commission on this issue.
Financial Risk Assessments remain aligned with the policy intent as set out in the 2023 Gambling White Paper. The pilot has provided evidence of financial risk for consumers that is not currently being captured through existing policy measures. Current operator practices also introduce friction for some consumers which may not be needed if FRAs were to be rolled out.
Consideration of impact is part of the Commission’s decision making. The Commission has also committed to ongoing review, evaluation and adaptation over time if Financial Risk Assessments are introduced.
The Government is taking action to tackle the illegal gambling market, including collaborative action through the Illegal Markets Taskforce. HMT has provided the Gambling Commission with £26 million across the next 3 years for action to tackle the illegal market. The issue of customer displacement to the illegal market was carefully considered when developing the 2023 Gambling White Paper, and we are confident that the measures we have introduced since then are proportionate.
To ask the Secretary of State for Culture, Media and Sport, what assessment her Department has made of the risk that the implementation of financial risk assessments on gambling could lead customers to switch to unregulated black market operators.
To ask the Secretary of State for Culture, Media and Sport, what assessment her Department has made of the risk that the implementation of financial risk assessments on gambling could lead customers to switch to unregulated black market operators.
It is for the Gambling Commission to decide whether to implement Financial Risk Assessments (FRA). DCMS continues to support the policy intent behind Financial Risk Assessments, and has had regular engagement with the Gambling Commission on this issue.
Financial Risk Assessments remain aligned with the policy intent as set out in the 2023 Gambling White Paper. The pilot has provided evidence of financial risk for consumers that is not currently being captured through existing policy measures. Current operator practices also introduce friction for some consumers which may not be needed if FRAs were to be rolled out.
Consideration of impact is part of the Commission’s decision making. The Commission has also committed to ongoing review, evaluation and adaptation over time if Financial Risk Assessments are introduced.
The Government is taking action to tackle the illegal gambling market, including collaborative action through the Illegal Markets Taskforce. HMT has provided the Gambling Commission with £26 million across the next 3 years for action to tackle the illegal market. The issue of customer displacement to the illegal market was carefully considered when developing the 2023 Gambling White Paper, and we are confident that the measures we have introduced since then are proportionate.
To ask the Secretary of State for Culture, Media and Sport, what assessment her Department has made of the potential economic impact on the horseracing industry of the full implementation of financial risk assessments for gambling.
To ask the Secretary of State for Culture, Media and Sport, what assessment her Department has made of the potential economic impact on the horseracing industry of the full implementation of financial risk assessments for gambling.
The Government recognises the significant contribution that racing makes to British sporting culture and its importance to the British economy. Horseracing is the only sport in receipt of a direct government-mandated levy which helps to drive improvements in the sport.
The Government remains committed to supporting the implementation of key measures in the 2023 white paper, including the introduction of Financial Risk Assessments (FRAs).
Following the conclusion of its pilot on FRAs, the Gambling Commission has continued to engage with gambling operators and other stakeholders. As the independent regulator, the Gambling Commission will decide how to implement FRAs based on the best available evidence.
The Gambling Commission has recently published an updated blog on its pilot findings and plans to publish the pilot data, including updated impact assessment results following implementation decision, as is standard practice.