Tag: Lord Sharkey

The below Parliamentary question was asked by Lord Sharkey on 2016-07-13.

To ask Her Majesty’s Government, further to the Written Answer by Lord O’Neill of Gatley on 12 July (HL883), which Muslim organisations affected by the withdrawal of banking services they continue to work closely with…to better understand their experiences and encourage dialogue with the banking sector”; how that working closely manifests itself; and what is their assessment of the outcomes of that close working.”

Lord O’Neill of Gatley

Ministers and officials have received representations from a wide range of organisations and individuals who have been affected by account closure. Officials have discussed the issue of access to banking with individual Muslim organisations as well as representative groups such as the Muslim Charities Forum and Bond.

The Government remains concerned about the growth of de-risking and the implications it has for NGOs, economic growth, financial inclusion and financial stability. We recognise that this trend remains a global problem, and have taken concrete steps to address this. We put the issue on the G20 agenda in 2015 and, closer to home, we have encouraged the banking sector to produce new guidance to help those affected by de-risking to open a UK bank account, by setting out what information banks will require in order to comply with relevant regulation and the questions they will need to ask. We have encouraged those affected to consider using their bank’s formal complaint service or, if they believe they have been treated unfairly or unreasonably, to consider referring the case to the Financial Ombudsman Service. We have also encouraged those affected to use the Business Account Finder provided by MoneyFacts to locate an alternative account provider.

In order to continue dialogue with the NGO community on these matters, a Government-NGO Working Group will shortly be convened to explore concerns and identify solutions on the impact of regulation and banking practices on NGO operations in fragile states. The group will examine the specific challenges faced in getting aid into hard-to-reach communities.

The below Parliamentary question was asked by Lord Sharkey on 2015-12-07.

To ask Her Majesty’s Government how many cases are currently being dealt with by the Channel programme, and how many of those have been because of suspected vulnerability to extremist Islamist views, and how many for other reasons.

Lord Ahmad of Wimbledon

Since Channel was rolled out nationally in 2012, over 4000 people have been referred to the programme, and hundreds successfully supported. National Counter Terrorism Policing has published its own data on Channel at the following URL:

http://www.acpo.police.uk/ACPOBusinessAreas/PREVENT/NationalChannelReferralFigures.aspx

The below Parliamentary question was asked by Lord Sharkey on 2016-07-13.

To ask Her Majesty’s Government, further to the Written Answer by Lord O’Neill of Gatley on 12 July (HL883), what steps they are taking with regard to the withdrawal of banking services to encourage banks to take a risk-based approach and to ensure that the measures they take are effective and proportionate; and what assessment they have made of the extent to which that encouragement has been effective.

Lord O’Neill of Gatley

The government engages regularly with the banking industry and those affected by de-risking in order to facilitate communication. The aim of this is to improve banks’ understanding of how affected sectors work and to improve affected sectors’ understanding of how they can best meet the banks’ requirements for providing services. This process has led to the British Bankers’ Association developing tailored ‘access to banking’ guidance for affected sectors.

The government continues to work with the Financial Conduct Authority (FCA), who recently published research into the withdrawal of banking services. The FCA are also working with the banking industry to lessen the damaging effects of de-risking without constraining banks’ commercial freedom.

Internationally, the UK has been instrumental in making de-risking a priority for the G20 and the Financial Stability Board. The government is working with the Bank of England and the FCA on internationally agreed guidance to financial institutions that will clarify regulatory expectations, making their responsibilities clearer to allow a more risk-based approach and better appraisal of risks.

The below Parliamentary question was asked by Lord Sharkey on 2016-01-11.

To ask Her Majesty’s Government when they first learned that the Financial Conduct Authority was considering not publishing its report on banking culture examining “whether cultural change programmes in retail and wholesale banks are driving the right behaviour, in particular focusing on remuneration, appraisal and promotion decisions of middle management, as well as how concerns are reported and acted upon”, as outlined in its Business Plan 2015–16.

Lord O’Neill of Gatley

No Treasury Minister or official had any discussions with the FCA before the FCA took its decision to discontinue the review of banking culture included in its 2015-16 Business Plan.

The FCA has published (in response to the Noble Lord’s Freedom of Information request) the dates when it communicated its decision to discontinue this review to other organisations. This response is available on the FCA website.

The below Parliamentary question was asked by Lord Sharkey on 2016-09-05.

To ask Her Majesty’s Government whether they intend to publish the NHS England Research and Development plan for 2016–17; if so, when, and if not, why not.

Lord Prior of Brampton

A draft version of NHS England’s Research and Development Plan for 2016/17 is currently out with stakeholders for information and comment. A copy of the final version will therefore be published on NHS England’s website in due course once it has been agreed and approved.

The below Parliamentary question was asked by Lord Sharkey on 2016-01-11.

To ask Her Majesty’s Government on what dates ministers or officials had discussions with officials at (1) the Bank of England, (2) the Prudential Regulation Authority, and (3) the Financial Conduct Authority (FCA), about not publishing the FCA’s report on banking culture outlined in its Business Plan 2015–16; and which ministers and officials were involved in each of those discussions.

Lord O’Neill of Gatley

No Treasury Minister or official had any discussions with the FCA before the FCA took its decision to discontinue the review of banking culture included in its 2015-16 Business Plan.

The FCA has published (in response to the Noble Lord’s Freedom of Information request) the dates when it communicated its decision to discontinue this review to other organisations. This response is available on the FCA website.

The below Parliamentary question was asked by Lord Sharkey on 2016-09-14.

To ask Her Majesty’s Government, in the light of the absence of proposals in the Neighbourhood Planning Bill, whether they still plan to put the National Infrastructure Commission on a statutory basis; if so, when, and if not, why not.

Lord O’Neill of Gatley

To allow the Neighbourhood Planning Bill to focus on essential planning measures, legislation for the National Infrastructure Commission has not be included at this time.

The Commission is an important part of the government’s overall approach on infrastructure and has already made a significant impact through its first three reports.

We remain fully committed to the Commission which has a crucial role to play in setting out the country’s infrastructure priorities. We are considering how it can best support the government’s new industrial strategy.

The below Parliamentary question was asked by Lord Sharkey on 2016-01-11.

To ask Her Majesty’s Government what written assessments of the advantages and disadvantages of not publishing the Financial Conduct Authority’s report on banking culture outlined in its Business Plan 2015–16 were considered, and when; and who wrote those assessments.

Lord O’Neill of Gatley

No Treasury Minister or official had any discussions with the FCA before the FCA took its decision to discontinue the review of banking culture included in its 2015-16 Business Plan.

The FCA has published (in response to the Noble Lord’s Freedom of Information request) the dates when it communicated its decision to discontinue this review to other organisations. This response is available on the FCA website.

The below Parliamentary question was asked by Lord Sharkey on 2016-01-11.

To ask Her Majesty’s Government what assessment they have made of the proposal not to publish the Financial Conduct Authority’s report on banking culture outlined in its Business Plan 2015–16; to whom they have communicated that assessment; and what response they have received.

Lord O’Neill of Gatley

No Treasury Minister or official had any discussions with the FCA before the FCA took its decision to discontinue the review of banking culture included in its 2015-16 Business Plan.

The FCA has published (in response to the Noble Lord’s Freedom of Information request) the dates when it communicated its decision to discontinue this review to other organisations. This response is available on the FCA website.

The below Parliamentary question was asked by Lord Sharkey on 2016-01-11.

To ask Her Majesty’s Government when they expect the Migration Advisory Committee to publish the findings of the review of the Tier 2 route of the Points Based System, including their recommendations on the application of a skills levy to businesses recruiting from outside the EEA.

Lord Bates

In June last year, the Government commissioned the Migration Advisory Committee (MAC) to advise on how to restrict Tier 2 to roles where there are genuine skills shortages or which require highly-specialised experts, but with sufficient flexibility to include high value roles and key public service workers.

As part of that commission, the MAC was asked for advice on applying an immigration skills charge to businesses recruiting from outside the EEA. The MAC published its report on 19 January 2016.