The Small and Medium Sized Business (Finance Platforms) Regulations 2015

Designated finance platforms to provide information to the Treasury and retention of information

This section has no associated Explanatory Memorandum

8.—(1) A designated finance platform must provide to the Treasury on request statistical information relating to information received and provided under these Regulations.

(2) Information provided under paragraph (1) must be in such form that no individual business, and no person associated with the business, can be identified.

(3) The platform must retain information received and provided under these Regulations for a period of five years for the purposes of complying with paragraph (1), but such information may be retained in such form that no individual business and no person associated with such a business, can be identified.