Policy paper

Government response to the consultation on expanding the Dormant Assets Scheme

Outlines the government response to a public consultation on expanding the Dormant Assets Scheme to other types of assets.

• From: Department for Culture, Media and Sport, HM Treasury and Department for Digital, Culture, Media & Sport
• Published: 18 January 2021
• Last updated: 18 January 2021 — See all updates

This was published under the 2019 to 2022 Johnson Conservative government

Documents

Government response to the consultation on expanding the Dormant Assets Scheme

HTML

Government response to the consultation on expanding the Dormant Assets Scheme

PDF, 759 KB, 33 pages

Details

This is the government’s response to the consultation on expanding the Dormant Assets Scheme, which ran from 21 February to 16 July 2020.

• After carefully considering all responses, the government intends to legislate to include additional assets across from the insurance and pensions, investment and wealth management, and securities sectors in the Scheme.

• Scheme expansion has the potential to unlock more than £800 million for social and environmental causes.

Published 18 January 2021
Last updated 18 January 2021 + show all updates

1. 18 January 2021

   HTML version of Government response to the consultation on expanding the Dormant Assets Scheme attachment added

2. 18 January 2021

   First published.