Tag: Charles Walker

  • Charles Walker – 2015 Parliamentary Question to the Department for Environment, Food and Rural Affairs

    Charles Walker – 2015 Parliamentary Question to the Department for Environment, Food and Rural Affairs

    The below Parliamentary question was asked by Charles Walker on 2015-11-24.

    To ask the Secretary of State for Environment, Food and Rural Affairs, what plans she has to ensure that water companies build sufficient capacity and tolerance into their infrastructure to cope with low rainfall years or weather cycles.

    Rory Stewart

    We have a statutory planning framework through which water companies demonstrate how their water supply systems will cope with future demands, taking account of population and economic growth and climate change. Their long-term plans set out how they will ensure they can continue to supply sufficient water, taking account of these changing pressures, weather cycles and drought.

    We are currently considering how to enhance our policy framework to ensure we have a strategic approach to delivering resilience over the very long term.

  • Charles Walker – 2016 Parliamentary Question to the HM Treasury

    Charles Walker – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Charles Walker on 2016-03-08.

    To ask Mr Chancellor of the Exchequer, if he will make it his policy to consider the board members of UK banks as politically exposed persons for the purposes of the Fourth Money Laundering Directive; and if he will make a statement.

    Harriett Baldwin

    The Government is taking concerns about the Anti-Money Laundering (AML) requirements regarding Politically Exposed Persons (PEPs) seriously. While addressing corrupt PEPs is an important aspect of global efforts to tackle corruption and money laundering, it is essential that this be done proportionately. The current AML regime is governed by the Money Laundering Regulations 2007, which implement the EU’s Third Money Laundering Directive and are based on the global Financial Action Task Force (FATF) standards. We intend to seek views on the transposition of the EU’s Fourth Money Laundering Directive, which addresses domestic PEPs, in our consultation which will be published in the spring.

    It is for individual financial institutions to apply a risk-based approach when considering Enhanced Due Diligence measures with regards to PEPs, in accordance with the Regulations and with FATF standards. The Financial Conduct Authority (FCA) is the Treasury-appointed supervisor which oversees financial institutions’ implementation of the Regulations.

  • Charles Walker – 2016 Parliamentary Question to the Cabinet Office

    Charles Walker – 2016 Parliamentary Question to the Cabinet Office

    The below Parliamentary question was asked by Charles Walker on 2016-03-21.

    To ask the Minister for the Cabinet Office, what estimate his Department has made of the number of its senior civil servants who will potentially fall under the provisions of the Fourth EU Money Laundering Directive, 2015/849; and what assessment he has made of which of his Department’s agencies or other public bodies will potentially be classed as holding a prominent public function for the purposes of that directive.

    Matthew Hancock

    The Government’s view is that the Directive permits a risk-based approach to the identification of whether an individual is a politically exposed person and, when identified, the Directive enables the application of different degrees of enhanced measures to reflect the risks posed. The Government will be setting out this view in a consultation which will be published shortly.

    The changes proposed under the Directive should not prevent any individual in this category from gaining or maintaining access to financial services. We regularly raise these issues with financial institutions and the regulator, and we encourage financial institutions to take a proportionate, risk-based approach when applying these measures.

  • Charles Walker – 2016 Parliamentary Question to the HM Treasury

    Charles Walker – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Charles Walker on 2016-04-12.

    To ask Mr Chancellor of the Exchequer, with reference to recommendations 12 and 22 of the Financial Action Taskforce guidance, entitled Potentially Exposed Persons, what steps the Government has taken to provide guidance to financial institutions and Designated Non-financial Businesses and Professions on what constitutes a prominent public function for domestic and foreign politically exposed persons; and if he will make a statement.

    Harriett Baldwin

    In line with the Financial Action Task Force’s international standards, the Government believes that institutions should take reasonable measures to determine whether an individual qualifies as a Politically Exposed Person. The Money Laundering Regulations 2007 set out a non-exhaustive list of individuals who could be politically exposed. The FCA and the Joint Money Laundering Steering Group have published further guidance to assist the industry in identifying and banking Politically Exposed Persons.

  • Charles Walker – 2016 Parliamentary Question to the Leader of the House

    Charles Walker – 2016 Parliamentary Question to the Leader of the House

    The below Parliamentary question was asked by Charles Walker on 2016-09-08.

    To ask the Leader of the House, pursuant to the Answer of 5 September 2016 to Question 43403, what the evidential basis is for his assertion that no hon. Members have handed in the text of their Bill; what discussions he and his officials have had with House authorities on the status of each of the Private Members’ Bills presented on 29 June 2016; and which Bills have been received by Parliamentary Counsel in draft as part of the process of discussion with Departments.

    Mr David Lidington

    Bills formally submitted to the Public Bill Office are available to all Members and are published online. Government Departments are holding discussions with several Members about their Bills.

    The Government will set out its position on each Bill at the relevant Second Reading.

  • Charles Walker – 2015 Parliamentary Question to the Department for Energy and Climate Change

    Charles Walker – 2015 Parliamentary Question to the Department for Energy and Climate Change

    The below Parliamentary question was asked by Charles Walker on 2015-10-20.

    To ask the Secretary of State for Energy and Climate Change, what the level is of public subsidy per megawatt of energy generated sought by the developers and operators of the proposed Swansea Bay tidal lagoon; and how this subsidy compares to similar subsidies sought by the nuclear industry.

    Andrea Leadsom

    The negotiations between the UK Government and Tidal Lagoon Swansea Bay PLC are commercially sensitive and it is not appropriate for us to comment on matters such as the potential strike price.

    The negotiations must be kept confidential in order to allow the Government to secure the best possible deal for consumers.

    Any decision to offer a contract for difference (CFD) would be subject to strict value for money considerations, the funds available within the Levy Control Framework at the time of a decision and be subject to State aid approval.

    If issued, any CFD would be published once completed, including the strike price, having redacted commercially sensitive information.

  • Charles Walker – 2015 Parliamentary Question to the Department for Energy and Climate Change

    Charles Walker – 2015 Parliamentary Question to the Department for Energy and Climate Change

    The below Parliamentary question was asked by Charles Walker on 2015-10-20.

    To ask the Secretary of State for Energy and Climate Change, if she will consider the environmental impact of tidal lagoons in the Severn Estuary, Bristol Channel and Swansea Bay before granting permissions for these lagoons; and if she will make a statement.

    Andrea Leadsom

    Before determining any consent applications for tidal lagoons that are nationally significant infrastructure projects, my rt. hon. Friend the Secretary of State will consider their individual and cumulative environmental impacts alongside all other relevant information.

  • Charles Walker – 2015 Parliamentary Question to the Department for Energy and Climate Change

    Charles Walker – 2015 Parliamentary Question to the Department for Energy and Climate Change

    The below Parliamentary question was asked by Charles Walker on 2015-10-20.

    To ask the Secretary of State for Energy and Climate Change, whether the plans for the Swansea Bay tidal lagoon have been delayed; and if she will make a statement.

    Andrea Leadsom

    The Government is currently in the first phase of a Contract for Difference negotiation with the developer of the proposed Swansea Bay tidal lagoon project. This process of due diligence will enable us to gain a better understanding of the potential of a tidal lagoon programme in the UK.

    At present there is no timeframe for how long the negotiation process may take. The timeframe depends on a number of factors, many of which would be outside the control of the Department. Robust due diligence is needed to determine whether undertaking this proposed project would be in the best interests of the consumer long term.

  • Charles Walker – 2015 Parliamentary Question to the Department for Environment, Food and Rural Affairs

    Charles Walker – 2015 Parliamentary Question to the Department for Environment, Food and Rural Affairs

    The below Parliamentary question was asked by Charles Walker on 2015-10-20.

    To ask the Secretary of State for Environment, Food and Rural Affairs, if she will ensure that revenue raised by the sale of rod licences is used to maintain and improve fisheries and fish stocks.

    George Eustice

    The revenue raised from the rod licence fee is classed as a hypothecated tax. The Environment Agency Financial Memorandum clearly sets out that this income is used for the provision of its fisheries service.

  • Charles Walker – 2015 Parliamentary Question to the Department for Environment, Food and Rural Affairs

    Charles Walker – 2015 Parliamentary Question to the Department for Environment, Food and Rural Affairs

    The below Parliamentary question was asked by Charles Walker on 2015-10-20.

    To ask the Secretary of State for Environment, Food and Rural Affairs, what proportion of the revenue from the sale of rod licences was not allocated to the maintenance and improvement of fisheries and fish stocks in the last five years.

    George Eustice

    The revenue raised from the sale of rod licences is classed as a hypothecated tax. The Environment Agency Financial Memorandum clearly sets out that this revenue is used for the provision of the Environment Agency fisheries service. The Environment Agency Financial Memorandum clearly sets out that the rod licence fees are for maintaining, improving and developing salmon, trout, freshwater and eel fisheries under the Salmon and Fresh Water Fisheries Act 1975.

    The Environment Agency Fisheries Service provides activities including; fisheries monitoring and enforcement, fisheries advice, preparing and responding to incidents and the necessary functions to support these services such as accommodation and legal advice.