The Treasury has written to regulators asking them to report on the “mutual situation” as the government aims to double the size of the co-operative sector.
Tulip Siddique, economics secretary at the Treasury, said the move “understands the Government's commitment to unlocking the full potential of the UK's mutual and co-operative sector and the importance of effective and proportionate regulation to support this.” It is written that it is a part of “sexuality''. 
The letter was sent to the Financial Conduct Authority and the Prudential Regulation Authority on 14 November.
Mr Siddique called for a report by the end of next year “assessing the current situation of the mutual company”.
The letter comes as Prime Minister Rachel Reeves said she would address the sector's growth in a speech at Mansion House last night.
Treasury also called for evidence on credit union reform.
“The purpose of this call for evidence is to support the sustainable growth of credit unions and to ensure that this aspect of the legal framework for credit unions is appropriate. It is about understanding whether there is a “21st century.” ”
The ministry says it will accept responses from interested parties until March 6 next year.
In his speech, the Prime Minister “welcomed” the establishment of the Mutual Co-operative Business Council to foster growth in the sector. The council includes Co-op Group, Royal London, Dairy Co-operative Arra and Nationwide Building Society.
Robin Fies, chief executive of the Building Societies Association, said: “A strong mutual sector provides choice for consumers and creates resilience in the financial sector.
“With a mutual company, you can be confident that profits will be reinvested in the business and for the benefit of our members and community, rather than being distributed to outside shareholders.”
Mr Feath added that he was “looking forward” to working with the new Mutual Cooperation Business Council.
In May, a bill allowing construction trade associations to increase lending became one of the last bills to pass parliament ahead of the general election.
The Building Societies Act (Amendment) Bill 1986 is part of a 'washout' to allow the Bill to be passed quickly before Parliament is dissolved on 30 May in preparation for the July 4 national poll. It was a club.
The original bill, passed nearly 40 years ago, limited the amount funding associations could raise from money markets to 20%, with the remainder coming from their members.
This has been gradually increased and currently stands at 50%.
However, the proposed amendment would retain this restriction but exclude three types of funds from the calculation, effectively allowing mutuals to raise more cash from external sources.
These include:
Funds accessed from the Bank of England in stress scenarios held by loss-absorbing bond formation societies as a capital buffer to ensure that investors, rather than taxpayers, bear the losses if a business fails Sale and repurchase agreements for types of current assets held by the association
