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  • Lord Myners – 2016 Parliamentary Question to the HM Treasury

    Lord Myners – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Lord Myners on 2016-03-22.

    To ask Her Majesty’s Government whether they will review the contribution of contingent convertible bonds to financial stability and, in particular, the risk of adverse feedback loops and the contribution thereto of the absence of standardised terms.

    Lord O’Neill of Gatley

    In December 2015, the Bank of England set out its medium-term capital framework for UK banks and building societies. The Bank’s analysis suggested that the optimal risk-based going-concern capital requirement for the system as a whole is between 10% and 14% of risk weighted assets.

    The majority of this capital is made up of the highest quality, common equity tier 1 (CET1) capital. However, a small part (up to 1.5 percentage points) can be made up of additional tier 1 (AT1) capital, such as contingent convertible bonds.

    The Financial Policy Committee confirmed that only ‘high-trigger’ AT1 instruments would count towards a bank’s AT1 capital in respect of non-risk-based leverage ratio requirements.

    This capital framework ensures that the UK’s banks and building societies are able to absorb losses and thereby reduce the risks to the stability of the UK financial system.

  • Lord Patten – 2016 Parliamentary Question to the Foreign and Commonwealth Office

    Lord Patten – 2016 Parliamentary Question to the Foreign and Commonwealth Office

    The below Parliamentary question was asked by Lord Patten on 2016-03-22.

    To ask Her Majesty’s Government what assessment they have made of the definition of the term Commonwealth values” when used by that organisation.”

    Baroness Anelay of St Johns

    We believe that Commonwealth values are those set out clearly in the Commonwealth Charter which was adopted by Heads of Government on 14 December 2012. These include democracy, human rights, international peace and security, through to gender equality and the role of civil society. We will continue to work with the Commonwealth Secretariat to ensure that commitments in the Charter are upheld, adhered to and kept under review by member governments, parliaments and civil society organisations. Hosting the Commonwealth Heads of Government Meeting in 2018 will give us the opportunity to build on the excellent progress made in Malta and reinforce the need for all members to observe the values outlined in the Charter.

  • Lord Patten – 2016 Parliamentary Question to the Foreign and Commonwealth Office

    Lord Patten – 2016 Parliamentary Question to the Foreign and Commonwealth Office

    The below Parliamentary question was asked by Lord Patten on 2016-03-22.

    To ask Her Majesty’s Government what assessment they have made of the Commonwealth countries as trading partners for British exporters.

    Baroness Anelay of St Johns

    Shared systems and language mean the cost of trade between Commonwealth countries is estimated at 19 per cent lower than with non-Commonwealth countries. Increasing trade across the Commonwealth is a UK priority. The UK is committed to helping the Commonwealth unlock its vast potential in the area of trade and will use the opportunity of hosting the Commonwealth Heads of Government Meeting in 2018 to do so.

  • Lord Patten – 2016 Parliamentary Question to the Foreign and Commonwealth Office

    Lord Patten – 2016 Parliamentary Question to the Foreign and Commonwealth Office

    The below Parliamentary question was asked by Lord Patten on 2016-03-22.

    To ask Her Majesty’s Government what assessment they have made of which areas of Turkey are safe for British travellers.

    Baroness Anelay of St Johns

    The areas of Turkey to which we advise against travel are clearly set out in the Foreign and Commonwealth Office (FCO)’s travel advice. The FCO advise against all travel to within 10 km of the border with Syria and to the city of Diyarbakir. The FCO advise against all but essential travel to the remaining areas of Sirnak, Mardin, Sanliurfa, Gaziantep, Diyarbakir, Kilis and Hatay provinces; and to Siirt, Tunceli and Hakkari.

  • Lord Pearson of Rannoch – 2016 Parliamentary Question to the Home Office

    Lord Pearson of Rannoch – 2016 Parliamentary Question to the Home Office

    The below Parliamentary question was asked by Lord Pearson of Rannoch on 2016-03-22.

    To ask Her Majesty’s Government what assessment they have made of the proportion of grooming and sexual exploitation in Rotherham and elsewhere which has been carried out by (1) Muslims, and (2) those of other faiths or no faith.

    Lord Keen of Elie

    The Government does not hold information on the faith of those accused or convicted of child sexual exploitation (CSE) offences.

    CSE is not exclusive to any single culture, community, race or religion, and anyone who abuses children must be stopped. It happens in all areas of the country and can take many different forms. However, the previous Government’s ‘Tackling Child Sexual Exploitation’ report of March 2015 makes it very clear that the issue of race, regardless of ethnic group, should be tackled as a priority if it is known to be a significant factor in the criminal activity of organised abuse in any local community.

    The College of Policing (CoP) has issued clear guidance on how police forces should respond to allegations of child sexual abuse and exploitation. This is available on the CoP website at: https://www.app.college.police.uk/app-content/major-investigation-and-public-protection/child-abuse/ .

    In addition the National Policing Lead for child protection has taken action to revise the national policing CSE action plan to take account of the learning from the Professor Alexis Jay report and other recent publications. All Chief Constables have committed to this action plan that aims to raise standards in tackling CSE so that the police are providing a consistently strong approach to protecting vulnerable young people. The action plan is available on the CoP website at: https://www.app.college.police.uk/app-content/major-investigation-and-public-protection/child-sexual-exploitation/cse-action-plan/

  • Lord Pearson of Rannoch – 2016 Parliamentary Question to the Home Office

    Lord Pearson of Rannoch – 2016 Parliamentary Question to the Home Office

    The below Parliamentary question was asked by Lord Pearson of Rannoch on 2016-03-22.

    To ask Her Majesty’s Government, following the cases of organised grooming and sexual exploitation in Rotherham and elsewhere, whether police forces have been issued with new guidance on responding to allegations of abuse; and if so, what is that guidance.

    Lord Keen of Elie

    The Government does not hold information on the faith of those accused or convicted of child sexual exploitation (CSE) offences.

    CSE is not exclusive to any single culture, community, race or religion, and anyone who abuses children must be stopped. It happens in all areas of the country and can take many different forms. However, the previous Government’s ‘Tackling Child Sexual Exploitation’ report of March 2015 makes it very clear that the issue of race, regardless of ethnic group, should be tackled as a priority if it is known to be a significant factor in the criminal activity of organised abuse in any local community.

    The College of Policing (CoP) has issued clear guidance on how police forces should respond to allegations of child sexual abuse and exploitation. This is available on the CoP website at: https://www.app.college.police.uk/app-content/major-investigation-and-public-protection/child-abuse/ .

    In addition the National Policing Lead for child protection has taken action to revise the national policing CSE action plan to take account of the learning from the Professor Alexis Jay report and other recent publications. All Chief Constables have committed to this action plan that aims to raise standards in tackling CSE so that the police are providing a consistently strong approach to protecting vulnerable young people. The action plan is available on the CoP website at: https://www.app.college.police.uk/app-content/major-investigation-and-public-protection/child-sexual-exploitation/cse-action-plan/

  • Lord Pearson of Rannoch – 2016 Parliamentary Question to the HM Treasury

    Lord Pearson of Rannoch – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Lord Pearson of Rannoch on 2016-03-22.

    To ask Her Majesty’s Government which Government buildings have been transferred to finance Islamic bond schemes; what restrictions there are on the use of such assets as a result of Sharia financing; and why that method of raising money was chosen.

    Lord O’Neill of Gatley

    Three government properties underpin the Sukuk. These are Richmond House, Wellington House and 22-26 Whitehall.

    The Sukuk is issued under, and governed by, English law. The properties underpinning the Sukuk continue to be occupied by the departments that were there before issuance, with no change to their use. While investors have a beneficial interest in the assets, they do not have any say over how the properties are used.

  • how.” – 2016 Parliamentary Question to the Home Office

    how.” – 2016 Parliamentary Question to the Home Office

    The below Parliamentary question was asked by how.” on 2016-03-22.

    To ask Her Majesty’s Government whether the phrase mutual respect and tolerance of different faiths and beliefs” in their Counter-Extremism Strategy differs in meaning from the phrase “mutual respect and tolerance of those with different faiths and beliefs” referred to in their departmental advice for schools

    Lord Ahmad of Wimbledon

    The Government definition of the phrase “mutual respect and tolerance of different faiths and beliefs”, as set out in the Counter–Extremism Strategy refers to a mutual respect of the individual regardless of their faith and therefore carries the same meaning and definition as set out in the departmental advice for schools entitled ‘Improving the spiritual, moral, social and cultural (SMSC) development of pupils’. Individuals in the UK should be treated with mutual respect and tolerance irrespective of their faith and belief based on fundamental values that have evolved over centuries. These are shared values which are rooted in democracy, the rule of law, individual liberty and freedom of religion and belief.

  • Lord Pearson of Rannoch – 2016 Parliamentary Question to the Foreign and Commonwealth Office

    Lord Pearson of Rannoch – 2016 Parliamentary Question to the Foreign and Commonwealth Office

    The below Parliamentary question was asked by Lord Pearson of Rannoch on 2016-03-22.

    To ask Her Majesty’s Government whether the UK can withdraw from EU treaties under the Vienna Convention on the Law of Treaties, with 12 months notice or otherwise.

    Baroness Anelay of St Johns

    The Prime Minister, my Rt Hon. Friend the Member for Witney (Mr Cameron), made clear to the House of Commons that “if the British people vote to leave, there is only one way to bring that about, namely to trigger Article 50 of the Treaties and begin the process of exit". The rules for exit are set out in Article 50 of the Treaty on European Union. This is the only lawful route available to withdraw from the EU.

  • Lord Pearson of Rannoch – 2016 Parliamentary Question to the Foreign and Commonwealth Office

    Lord Pearson of Rannoch – 2016 Parliamentary Question to the Foreign and Commonwealth Office

    The below Parliamentary question was asked by Lord Pearson of Rannoch on 2016-03-22.

    To ask Her Majesty’s Government which EU countries are required by their constitutions to hold a referendum before their governments can agree changes to the EU treaties; and which countries have done so in the past.

    Baroness Anelay of St Johns

    No EU country has an absolute constitutional requirement to hold a referendum before their government can agree to any amendment to the EU Treaties. Indeed, no EU Member State held a referendum on the most recent change to the EU Treaties which came into effect in 2013.

    The following countries have a constitutional requirement to hold a referendum in certain circumstances (e.g. if proposed changes require a revision of a Member State’s constitution or constitute a transfer of competence/sovereignty to the EU):

    • Austria
    • Croatia
    • Denmark
    • Ireland
    • Lithuania
    • Romania
    • Slovakia

    The following countries have previously held a referendum on changes to the EU Treaties:

    • Denmark
    • Ireland
    • France
    • Italy
    • Luxembourg
    • Netherlands
    • Spain