Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

1142701

registered interest
date	02/09/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Overseas Loans: Registration
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what discussions he has had with the Secretary of State for International Development on establishing an Overseas Loan Transparency Register to ensure that people using UK law in loan contracts are not able to make secret loans to governments in the Global South.
tabling member constituency	Hayes and Harlington
tabling member printed	John McDonnell
uin	284204
answer	answer is ministerial correction date of answer 09/09/2019 answer text <p>The Chancellor of the Exchequer has not discussed proposals to establish an “Overseas Loan Transparency Register” with the Secretary of State for International Development.</p><p> </p><p>The UK Government is concerned about the sustainability and transparency of loans to low income developing countries. Given the complex international nature of sovereign debt, we continue to believe that internationally-agreed approaches are the most effective way to promote sovereign debt transparency.</p><p> </p><p>The UK is working through the G20 to monitor an industry-led initiative by the Institute of International Finance (IIF) to improve the transparency of lending of private creditors. The work of the IIF was acknowledged by finance ministers in June at the G20 finance ministers’ summit in Fukuoka, and the UK government will be closely monitoring its progress.</p><p><strong> </strong></p> answering member constituency Salisbury answering member printed John Glen question first answered 09/09/2019 11:46:52 answering member 4051 label Biography information for John Glen
tabling member	178 label Biography information for John McDonnell

1142715

registered interest
date	02/09/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Investment Income
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what reports he has received on the level of the practice of dividend arbitrage; and what steps he is taking to end dividend arbitrage.
tabling member constituency	Hayes and Harlington
tabling member printed	John McDonnell
uin	284235
answer	answer is ministerial correction date of answer 09/09/2019 answer text <p>The Financial Conduct Authority published requirements for firms relating to dividend arbitrage in Market Watch 52, along with a summary of the findings of a review of firms engaged in the practice. These requirements are designed to ensure that firms maintain effective systems and controls to ensure they are not used to facilitate market abuse, or are used for a purpose connected with financial crime.</p><p> </p><p>The UK is taking a leading role internationally in preventing the use of these practices for illicit purposes and I am working closely with the Financial Conduct Authority to ensure that these practices are not used to facilitate market abuse.</p> answering member constituency Salisbury answering member printed John Glen question first answered 09/09/2019 11:31:16 answering member 4051 label Biography information for John Glen
tabling member	178 label Biography information for John McDonnell

1122050

registered interest
date	18/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: EU Law
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether the Government's ministerial equivalents and exemption directions in financial services for the (a) EU and (b) EEA, made on 11 April 2019 are a result of discussions with the EU on the EU's forthcoming equivalents and exemption directions.
tabling member constituency	Hayes and Harlington
tabling member printed	John McDonnell
uin	245571
answer	answer is ministerial correction date of answer 25/04/2019 answer text <p>The Equivalence Directions made with respect to EU-adopted International Financial Reporting Standards (EU IFRS) deliver a commitment made by HM Treasury in November 2018. In the explanatory information for the Draft Official Listing of Securities, Prospectus and Transparency (Amendment) (EU Exit) Regulations 2019, published in November 2018, HM Treasury signalled its intention, in a no-deal scenario, to issue an equivalence decision with respect to EU IFRS in time for Exit day. This will ensure that issuers of securities in European Economic Area (EEA) states can continue to use EU IFRS to prepare financial statements for Transparency Directive requirements, and for the purposes of preparing a prospectus under the Prospectus Directive.</p><p> </p><p>HM Treasury and the EU have decided to provide exemptions for central banks and certain public bodies under specific financial services regulations in the event that the UK withdraws from the EU without an agreement. This decision, in the Exemption Directions made with respect to EU bodies, was taken as a result of an exchange of letters between HM Treasury and the EU Commission specifically on this matter in January 2019.</p><p> </p><p>HM Treasury and the EEA European Free Trade Association (EEA EFTA) countries of Norway, Iceland and Liechtenstein have decided to provide exemptions for central banks and certain public bodies under specific financial services regulations in the event that the UK withdraws from the EU without an agreement. This decision, in the Exemption Directions made with respect to EEA bodies, was taken as a result of an exchange of letters between HM Treasury and the EEA EFTA countries specifically on this matter in April 2019.</p><p> </p><p>Both sets of exemptions are important for avoiding disruption to the financial services sector, and the businesses and individuals relying on it, in the event that the United Kingdom withdraws from the European Union without an agreement.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 245572 245573 question first answered 25/04/2019 13:05:36 answering member 4051 label Biography information for John Glen
tabling member	178 label Biography information for John McDonnell

1122055

registered interest
date	18/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: EU Law
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what discussions the Government has had with European Commission officials on the ministerial equivalents and exemption directions in financial services for the (a) EU and (b) EEA made on 11 April 2019.
tabling member constituency	Hayes and Harlington
tabling member printed	John McDonnell
uin	245572
answer	answer is ministerial correction date of answer 25/04/2019 answer text <p>The Equivalence Directions made with respect to EU-adopted International Financial Reporting Standards (EU IFRS) deliver a commitment made by HM Treasury in November 2018. In the explanatory information for the Draft Official Listing of Securities, Prospectus and Transparency (Amendment) (EU Exit) Regulations 2019, published in November 2018, HM Treasury signalled its intention, in a no-deal scenario, to issue an equivalence decision with respect to EU IFRS in time for Exit day. This will ensure that issuers of securities in European Economic Area (EEA) states can continue to use EU IFRS to prepare financial statements for Transparency Directive requirements, and for the purposes of preparing a prospectus under the Prospectus Directive.</p><p> </p><p>HM Treasury and the EU have decided to provide exemptions for central banks and certain public bodies under specific financial services regulations in the event that the UK withdraws from the EU without an agreement. This decision, in the Exemption Directions made with respect to EU bodies, was taken as a result of an exchange of letters between HM Treasury and the EU Commission specifically on this matter in January 2019.</p><p> </p><p>HM Treasury and the EEA European Free Trade Association (EEA EFTA) countries of Norway, Iceland and Liechtenstein have decided to provide exemptions for central banks and certain public bodies under specific financial services regulations in the event that the UK withdraws from the EU without an agreement. This decision, in the Exemption Directions made with respect to EEA bodies, was taken as a result of an exchange of letters between HM Treasury and the EEA EFTA countries specifically on this matter in April 2019.</p><p> </p><p>Both sets of exemptions are important for avoiding disruption to the financial services sector, and the businesses and individuals relying on it, in the event that the United Kingdom withdraws from the European Union without an agreement.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 245571 245573 question first answered 25/04/2019 13:05:36 answering member 4051 label Biography information for John Glen
tabling member	178 label Biography information for John McDonnell

1122057

registered interest
date	18/04/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: EU Law
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether the Government received representations from the European Commission on the Government's ministerial equivalents and exemption directions in financial services for the EU and EEA, made on 11 April 2019.
tabling member constituency	Hayes and Harlington
tabling member printed	John McDonnell
uin	245573
answer	answer is ministerial correction date of answer 25/04/2019 answer text <p>The Equivalence Directions made with respect to EU-adopted International Financial Reporting Standards (EU IFRS) deliver a commitment made by HM Treasury in November 2018. In the explanatory information for the Draft Official Listing of Securities, Prospectus and Transparency (Amendment) (EU Exit) Regulations 2019, published in November 2018, HM Treasury signalled its intention, in a no-deal scenario, to issue an equivalence decision with respect to EU IFRS in time for Exit day. This will ensure that issuers of securities in European Economic Area (EEA) states can continue to use EU IFRS to prepare financial statements for Transparency Directive requirements, and for the purposes of preparing a prospectus under the Prospectus Directive.</p><p> </p><p>HM Treasury and the EU have decided to provide exemptions for central banks and certain public bodies under specific financial services regulations in the event that the UK withdraws from the EU without an agreement. This decision, in the Exemption Directions made with respect to EU bodies, was taken as a result of an exchange of letters between HM Treasury and the EU Commission specifically on this matter in January 2019.</p><p> </p><p>HM Treasury and the EEA European Free Trade Association (EEA EFTA) countries of Norway, Iceland and Liechtenstein have decided to provide exemptions for central banks and certain public bodies under specific financial services regulations in the event that the UK withdraws from the EU without an agreement. This decision, in the Exemption Directions made with respect to EEA bodies, was taken as a result of an exchange of letters between HM Treasury and the EEA EFTA countries specifically on this matter in April 2019.</p><p> </p><p>Both sets of exemptions are important for avoiding disruption to the financial services sector, and the businesses and individuals relying on it, in the event that the United Kingdom withdraws from the European Union without an agreement.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 245571 245572 question first answered 25/04/2019 13:05:36 answering member 4051 label Biography information for John Glen
tabling member	178 label Biography information for John McDonnell