Question to the Foreign, Commonwealth & Development Office:

To ask the Minister of State, Foreign, Commonwealth and Development Office, if he will make an assessment of the adequacy of access to modern banking services on the Falkland Islands.

Banking services on the Falkland Islands are regulated by the Falkland Islands Government as a self-governing UK Overseas Territory. Standard Chartered offer the only on-island retail banking option via their branch in Stanley, alongside other providers who offer other online financial services such as Square and Wise. The FCDO are working with other UK Government departments to ascertain how to ensure UK retail banking services are kept available to residents in the UK Overseas Territories.