Tag: Parliamentary Question

  • Richard Burgon – 2016 Parliamentary Question to the HM Treasury

    Richard Burgon – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Richard Burgon on 2016-06-15.

    To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the European Parliament Committee on Economic and Monetary Affairs’ draft report on the proposal for a regulation on securitisation and creating a European framework for simple, transparent and standardised securitisation; and whether he supports the Committee’s proposal to increase risk retention from five per cent to 20 per cent based on a vertical slice of securitised assets.

    Harriett Baldwin

    The Government welcomed the development of international and EU standards to revitalise the regulatory framework for securitisation by encouraging the use of simpler and more transparent products. We agree with the Bank of England that a well-functioning and stable securitisation market will benefit financial stability and the wider economy. We support the Basel standards for securitisation, set with the intention of enhancing financial stability, which see features such as tranching and synthetic structures as being legitimate activity. We also support the need for all securitisations to adhere to appropriate rules on transparency and investor due diligence, and that they must be afforded sensibly calibrated capital requirements. Following the financial crisis it was Basel, working with the Financial Stability Board and the International Organization of Securities Commissions which, set the 5 percent risk retention standard.

    In the development and delivery of policy, Treasury Ministers and officials are in regular contact with relevant institutions, regulatory authorities, other governments, industry and other civil society groups including think tanks such as Finance Watch.

  • Chris Green – 2016 Parliamentary Question to the HM Treasury

    Chris Green – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Chris Green on 2016-09-12.

    To ask Mr Chancellor of the Exchequer, with reference to his Department’s press release entitled, Chancellor steps up industry engagement, published on 7 September 2016, what plans he has to engage with the bio-tech and pharmaceutical industry as part of that industry engagement.

    Mr David Gauke

    The Treasury regularly engages with businesses from all sectors and values the opportunity to hear their views.

    Over the next month, the Chancellor will be meeting with over 80 representatives from businesses of all sizes, and from a wide variety of sectors and regions, including the bio-tech and pharmaceutical industry.

  • Gill Furniss – 2016 Parliamentary Question to the HM Treasury

    Gill Furniss – 2016 Parliamentary Question to the HM Treasury

    The below Parliamentary question was asked by Gill Furniss on 2016-10-19.

    To ask Mr Chancellor of the Exchequer, if he will make it his policy for HM Revenue and Customs (HMRC) to keep records of the (a) number of people who have their tax credits erroneously suspended by Concentrix, (b) number of people who subsequently have those tax credits reinstated and (c) length of time it takes HMRC to subsequently process those payments.

    Jane Ellison

    HM Revenue and Customs (HMRC) collects a wide range of data in order to process a claim. However, this data is not currently held in a form that is accessible for bulk requests without incurring disproportionate costs. For that reason, HMRC is currently focused on resolving outstanding Concentrix cases, but will be preparing analysis which will be made available in due course.

  • Kirsty Blackman – 2015 Parliamentary Question to the Scotland Office

    Kirsty Blackman – 2015 Parliamentary Question to the Scotland Office

    The below Parliamentary question was asked by Kirsty Blackman on 2015-11-09.

    To ask the Secretary of State for Scotland, pursuant to the Answer of 9 November 2015 to Question 14925, on publications, what deadlines his Department places on its publication of transparency information.

    David Mundell

    I refer the hon Member to my answer of 9 November 2015 (UIN 14925).

  • Lord Quirk – 2015 Parliamentary Question to the Home Office

    Lord Quirk – 2015 Parliamentary Question to the Home Office

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

    To ask Her Majesty’s Government, further to the Written Answer by Lord Bates on 17 November (HL3221) concerning the use of forensic linguistics by the Home Office in immigration cases, whether they have plans to enable the admittance in court, as in some other European jurisdictions, of evidence derived from forensic linguistics, and if not, what are their reasons.

    Lord Bates

    Evidence derived from language analysis undertaken for immigration purposes is admissible and, in practice, is routinely presented in immigration appeals.

  • Kevin Brennan – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

    Kevin Brennan – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Kevin Brennan on 2016-01-18.

    To ask the Secretary of State for Business, Innovation and Skills, whether the Government has undertaken an environmental impact assessment of its policy to privatise the Green Investment Bank.

    Anna Soubry

    As set out in the answer to question 22471 on 18 January, the Government is moving UK Green Investment Bank plc (GIB) into private ownership so it can continue operating in the same way it does now only funded with private capital rather than relying on taxpayers’ support. The detailed background and supporting case for this move was set out in the policy statement we published on 18 November. Decisions on the proposed sale are being taken in accordance with best practice to ensure all available options are properly examined in a detailed business case and that a robust valuation process is followed. The process does not involve preparation of an environmental impact assessment as we do not envisage any direct environmental or regulatory impacts of a majority sale of GIB, or changes to pre-existing policy goals for GIB.

  • Jamie Reed – 2016 Parliamentary Question to the Home Office

    Jamie Reed – 2016 Parliamentary Question to the Home Office

    The below Parliamentary question was asked by Jamie Reed on 2016-02-04.

    To ask the Secretary of State for the Home Department, if the Prime Minister will increase the Government’s commitment beyond 20,000 on the number of Syrian refugees it plans to offer asylum to.

    Richard Harrington

    The UK has already committed to resettling 20,000 refugees from the region during this parliament through the Syrian Vulnerable Persons Resettlement scheme, and we have no plans to increase this at the present time.

    Resettlement is only one strand of our efforts in the region, and is complemented by the UK’s significant humanitarian aid programme, and our diplomatic efforts to end the conflict. We believe this approach is the best way to ensure that the UK’s help has the greatest impact for the majority of refugees who remain in the region and their host countries.

  • David Anderson – 2016 Parliamentary Question to the Ministry of Defence

    David Anderson – 2016 Parliamentary Question to the Ministry of Defence

    The below Parliamentary question was asked by David Anderson on 2016-03-01.

    To ask the Secretary of State for Defence, pursuant to the Answer of 29 February 2016 to Question 27211, whether the remit of permission granted to use the Sigonella air station extends to UK (a) Reaper launch and recovery operations and (b) combat missions.

    Penny Mordaunt

    We have had a long-standing presence at Naval Air Station Sigonella, and have made frequent use of it. However, it is not normal practice to comment on the details of arrangements with host nations.

  • David Mowat – 2016 Parliamentary Question to the Attorney General

    David Mowat – 2016 Parliamentary Question to the Attorney General

    The below Parliamentary question was asked by David Mowat on 2016-04-11.

    To ask the Attorney General, what steps the CPS is taking to improve the conviction rate for hate crimes involving disabled people.

    Robert Buckland

    The CPS treats all allegations of hate crime, including those involving disabled people, extremely seriously and continues to place priority on this work. Legal guidance on disability hate crime was refreshed in 2015 and a supporting training package was delivered to all CPS lawyers by January 2016. This equips prosecutors with up to date knowledge to inform their decision making and approach to building the strongest cases possible. In addition, a National Scrutiny Panel on disability is assisting with the development of further refinements to policy guidance on crimes against disabled people and the preparation of a joint CPS/Police/HMCTS statement concerning support to disabled victims of crime.

  • Jonathan Ashworth – 2016 Parliamentary Question to the Cabinet Office

    Jonathan Ashworth – 2016 Parliamentary Question to the Cabinet Office

    The below Parliamentary question was asked by Jonathan Ashworth on 2016-05-03.

    To ask the Minister for the Cabinet Office, what the budget is for the Anti-Corruption Summit on 12 May 2016.

    Matthew Hancock

    The final costs of the Summit are still to be confirmed.