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1151120

registered interest
date	21/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Offshore Funds: Government Controlled Companies and Government Departments
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what rules his Department has implemented in relation to the maximum amount of money (a) Government Departments and (b) Government-controlled companies can hold in offshore bank accounts.
tabling member constituency	Hampstead and Kilburn
tabling member printed	Tulip Siddiq
uin	2884
answer	answer is ministerial correction date of answer 24/10/2019 answer text <p>HM Treasury does not set specific policies on making payments to or from offshore bank accounts, on their specific use or on the maximum balances that may be held in them. Relevant guidance falls under HM Treasury’s general policies contained in <em>Managing Public Money</em> on holding funds outside of the Exchequer or Government Banking accounts where there is a business case for doing so.</p><p> </p><p>This information is available at https://www.gov.uk/government/publications/managing-public-money</p><p> </p><p>Information on the amount of money specifically held in offshore bank accounts is not readily available and could be provided only at disproportionate cost.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 2883 2886 question first answered 24/10/2019 14:01:54 answering member 4051 label Biography information for John Glen
tabling member	4518 label Biography information for Tulip Siddiq

1151122

registered interest
date	21/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Offshore Funds: Government Controlled Companies and Government Departments
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will publish the amount of money held in offshore bank accounts by (a) Government Departments and (b) Government-controlled companies in the 2018-2019 financial year.
tabling member constituency	Hampstead and Kilburn
tabling member printed	Tulip Siddiq
uin	2886
answer	answer is ministerial correction date of answer 24/10/2019 answer text <p>HM Treasury does not set specific policies on making payments to or from offshore bank accounts, on their specific use or on the maximum balances that may be held in them. Relevant guidance falls under HM Treasury’s general policies contained in <em>Managing Public Money</em> on holding funds outside of the Exchequer or Government Banking accounts where there is a business case for doing so.</p><p> </p><p>This information is available at https://www.gov.uk/government/publications/managing-public-money</p><p> </p><p>Information on the amount of money specifically held in offshore bank accounts is not readily available and could be provided only at disproportionate cost.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 2883 2884 question first answered 24/10/2019 14:01:54 answering member 4051 label Biography information for John Glen
tabling member	4518 label Biography information for Tulip Siddiq