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1688979
registered interest false more like this
date less than 2024-02-16more like thismore than 2024-02-16
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Banks: Regulation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, whether he has had discussions with the Prudential Regulation Authority on when it will publish its response to Consultation Paper 16/22 on the Implementation of the Basel 3.1 standards. more like this
tabling member constituency Shipley remove filter
tabling member printed
Philip Davies more like this
uin 13939 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-02-26more like thismore than 2024-02-26
answer text <p>The Prudential Regulation Authority (PRA) published its near-final policies on market risk, credit valuation adjustment risk, counterparty credit risk and operational risk in December 2023. The PRA has committed to publishing its final rules for the remaining elements from CP16/22 (credit risk, the output floor, and reporting and disclosure requirements) in Q2 2024.</p><p> </p> more like this
answering member constituency Hitchin and Harpenden more like this
answering member printed Bim Afolami more like this
question first answered
remove maximum value filtermore like thismore than 2024-02-26T10:36:23.75Z
answering member
4639
label Biography information for Bim Afolami more like this
tabling member
1565
label Biography information for Sir Philip Davies more like this
1671972
registered interest true more like this
date less than 2023-11-21more like thismore than 2023-11-21
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Gambling more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what estimate he has made of the potential revenue lost from illegal gambling. more like this
tabling member constituency Shipley remove filter
tabling member printed
Philip Davies more like this
uin 2836 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-11-28more like thismore than 2023-11-28
answer text <p>HM Revenue and Customs (HMRC) estimates the size of the tax gap, which is the difference between the amount of tax that should, in theory, be paid to HMRC, and what is actually paid. The tax gap statistics are published annually and are available at: Measuring tax gaps - <a href="https://www.gov.uk/government/statistics/measuring-tax-gaps" target="_blank">Measuring tax gaps 2023 edition: tax gap estimates for 2021 to 2022 - GOV.UK (www.gov.uk)</a></p><p>HMRC does not separately estimate a betting and gaming duty tax gap; it forms part of the ‘other excise duties’ tax gap, namely betting and gaming, cider and perry, spirits-based ready-to-drink beverages and wine duties gaps.</p> more like this
answering member constituency Mid Worcestershire more like this
answering member printed Nigel Huddleston more like this
question first answered
less than 2023-11-28T14:57:03.503Zmore like thismore than 2023-11-28T14:57:03.503Z
answering member
4407
label Biography information for Nigel Huddleston more like this
tabling member
1565
label Biography information for Sir Philip Davies more like this
1656125
registered interest true more like this
date less than 2023-09-01more like thismore than 2023-09-01
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Financial Conduct Authority: Staff more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, how many and what proportion of (a) board members and (b) employees of the Financial Conduct Authority have previous experience in the sectors that they regulate. more like this
tabling member constituency Shipley remove filter
tabling member printed
Philip Davies more like this
uin 195831 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-09-11more like thismore than 2023-09-11
answer text <p>Information about FCA Board members and their professional experience can be found at www.fca.org.uk/about/who-we-are/fca-board.</p><p> </p><p>The FCA is an independent non-governmental body, and the Treasury does not hold information on the prior experience of FCA employees.</p> more like this
answering member constituency Arundel and South Downs more like this
answering member printed Andrew Griffith more like this
question first answered
less than 2023-09-11T10:41:39.38Zmore like thismore than 2023-09-11T10:41:39.38Z
answering member
4874
label Biography information for Andrew Griffith more like this
tabling member
1565
label Biography information for Sir Philip Davies more like this
1656126
registered interest false more like this
date less than 2023-09-01more like thismore than 2023-09-01
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Payment Systems Regulator: Staff more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, how many and what proportion of (a) board members and (b) employees of the Payment Systems Regulator have previous experience in the sectors that they regulate. more like this
tabling member constituency Shipley remove filter
tabling member printed
Philip Davies more like this
uin 195832 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-09-11more like thismore than 2023-09-11
answer text <p>Information about PSR Board members and their professional experience can be found at: <a href="http://www.psr.org.uk/about-us/psr-governance" target="_blank">www.psr.org.uk/about-us/psr-governance</a></p><p> </p><p>The PSR is an independent non-governmental body, and the Treasury does not hold information on the prior experience of PSR employees.</p><p> </p> more like this
answering member constituency Arundel and South Downs more like this
answering member printed Andrew Griffith more like this
question first answered
less than 2023-09-11T10:44:46.16Zmore like thismore than 2023-09-11T10:44:46.16Z
answering member
4874
label Biography information for Andrew Griffith more like this
tabling member
1565
label Biography information for Sir Philip Davies more like this
1656127
registered interest false more like this
date less than 2023-09-01more like thismore than 2023-09-01
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Prudential Regulation Authority: Staff more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, how many and what proportion of (a) board members and (b) employees of the Prudential Regulation Authority have previous experience in the sectors that they regulate. more like this
tabling member constituency Shipley remove filter
tabling member printed
Philip Davies more like this
uin 195833 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-09-11more like thismore than 2023-09-11
answer text <p>Information about PRA Board members and their professional experience can be found at:</p><p>www.bankofengland.co.uk/about/people/prudential-regulation-committee</p><p> </p><p>The PRA is an independent non-governmental body, and the Treasury does not hold information on the prior experience of PRA employees.</p> more like this
answering member constituency Arundel and South Downs more like this
answering member printed Andrew Griffith more like this
question first answered
less than 2023-09-11T10:43:11Zmore like thismore than 2023-09-11T10:43:11Z
answering member
4874
label Biography information for Andrew Griffith more like this
tabling member
1565
label Biography information for Sir Philip Davies more like this
1645336
registered interest false more like this
date less than 2023-06-16more like thismore than 2023-06-16
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Small Businesses: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential impact of proposals in the Prudential Regulation Authority Consultation CP 16/22 on the Implementation of the Basel 3.1 standards on the ability of small and medium-sized enterprises to raise funds against their commercial premises, and if he will make a statement. more like this
tabling member constituency Shipley remove filter
tabling member printed
Philip Davies more like this
uin 189941 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-06-22more like thismore than 2023-06-22
answer text <p>The Prudential Regulation Authority (PRA)’s, and HM Treasury’s, consultations on the Basel 3.1 standards closed on 30 March. This included the government’s proposals for deleting retained EU law including which relates to the prudential rules on small and medium-sized enterprises (SMEs) raising funds against their commercial premises. The detailed implementation of the Basel 3.1 package is being delegated to the UK’s expert regulator, the PRA, and its consultation requested information from firms on specific measures, including those relating to SME lending. The government and PRA are currently considering the responses.</p><p> </p><p>The government continues to work with the PRA and businesses closely to understand the impact of the proposed changes, including the impact on SME lending.</p> more like this
answering member constituency Arundel and South Downs more like this
answering member printed Andrew Griffith more like this
question first answered
less than 2023-06-22T12:31:24.513Zmore like thismore than 2023-06-22T12:31:24.513Z
answering member
4874
label Biography information for Andrew Griffith more like this
tabling member
1565
label Biography information for Sir Philip Davies more like this
1605679
registered interest false more like this
date less than 2023-03-20more like thismore than 2023-03-20
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Small Businesses: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, with reference to the SME lending proposals in the PRA Consultation CP 16/22 on the Implementation of the Basel 3.1 standards, what assessment he has made of the potential impact of those standards on the supply of funding available to SMEs in (a) the UK and (b) Shipley constituency. more like this
tabling member constituency Shipley remove filter
tabling member printed
Philip Davies more like this
uin 169234 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-03-27more like thismore than 2023-03-27
answer text <p>The Government is currently consulting on its proposals for Basel 3.1. This includes proposals for deleting retained EU law including those which relate to the prudential rules on SME lending. The detailed implementation of the Basel package however, has been delegated to the Prudential Regulation Authority (PRA) as the UK’s expert regulator. The PRA is consulting under an accountability framework agreed by Parliament, and has requested information from firms on specific measures including those relating to lending to SMEs.</p><p> </p><p>The consultation can be found here:</p><p><a href="https://www.bankofengland.co.uk/prudential-regulation/publication/2022/november/implementation-of-the-basel-3-1-standards" target="_blank">https://www.bankofengland.co.uk/prudential-regulation/publication/2022/november/implementation-of-the-basel-3-1-standards</a></p><p> </p><p>The Government continues to work closely with the PRA and businesses to understand the impact of potential changes including for the international competitiveness of the UK, the impact on SME lending and the nature of competition between banks that operate in the domestic market.</p>
answering member constituency Arundel and South Downs more like this
answering member printed Andrew Griffith more like this
grouped question UIN
169235 more like this
169236 more like this
169237 more like this
question first answered
less than 2023-03-27T14:08:18.19Zmore like thismore than 2023-03-27T14:08:18.19Z
answering member
4874
label Biography information for Andrew Griffith more like this
tabling member
1565
label Biography information for Sir Philip Davies more like this
1605680
registered interest false more like this
date less than 2023-03-20more like thismore than 2023-03-20
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Small Businesses: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what discussions his Department has had with the (a) Bank of England, (b) Prudential Regulation Authority and (c) Financial Conduct Authority on the potential impact of removing the support factor for SME lending. more like this
tabling member constituency Shipley remove filter
tabling member printed
Philip Davies more like this
uin 169235 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-03-27more like thismore than 2023-03-27
answer text <p>The Government is currently consulting on its proposals for Basel 3.1. This includes proposals for deleting retained EU law including those which relate to the prudential rules on SME lending. The detailed implementation of the Basel package however, has been delegated to the Prudential Regulation Authority (PRA) as the UK’s expert regulator. The PRA is consulting under an accountability framework agreed by Parliament, and has requested information from firms on specific measures including those relating to lending to SMEs.</p><p> </p><p>The consultation can be found here:</p><p><a href="https://www.bankofengland.co.uk/prudential-regulation/publication/2022/november/implementation-of-the-basel-3-1-standards" target="_blank">https://www.bankofengland.co.uk/prudential-regulation/publication/2022/november/implementation-of-the-basel-3-1-standards</a></p><p> </p><p>The Government continues to work closely with the PRA and businesses to understand the impact of potential changes including for the international competitiveness of the UK, the impact on SME lending and the nature of competition between banks that operate in the domestic market.</p>
answering member constituency Arundel and South Downs more like this
answering member printed Andrew Griffith more like this
grouped question UIN
169234 more like this
169236 more like this
169237 more like this
question first answered
less than 2023-03-27T14:08:18.253Zmore like thismore than 2023-03-27T14:08:18.253Z
answering member
4874
label Biography information for Andrew Griffith more like this
tabling member
1565
label Biography information for Sir Philip Davies more like this
1605681
registered interest false more like this
date less than 2023-03-20more like thismore than 2023-03-20
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Small Businesses: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, with reference to the proposals on SME lending in the PRA Consultation CP 16/22 on the Implementation of the Basel 3.1 standards, what assessment he has made of the effectiveness of those proposals on meeting the PRA’s mandate to promote competition in the banking sector. more like this
tabling member constituency Shipley remove filter
tabling member printed
Philip Davies more like this
uin 169236 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-03-27more like thismore than 2023-03-27
answer text <p>The Government is currently consulting on its proposals for Basel 3.1. This includes proposals for deleting retained EU law including those which relate to the prudential rules on SME lending. The detailed implementation of the Basel package however, has been delegated to the Prudential Regulation Authority (PRA) as the UK’s expert regulator. The PRA is consulting under an accountability framework agreed by Parliament, and has requested information from firms on specific measures including those relating to lending to SMEs.</p><p> </p><p>The consultation can be found here:</p><p><a href="https://www.bankofengland.co.uk/prudential-regulation/publication/2022/november/implementation-of-the-basel-3-1-standards" target="_blank">https://www.bankofengland.co.uk/prudential-regulation/publication/2022/november/implementation-of-the-basel-3-1-standards</a></p><p> </p><p>The Government continues to work closely with the PRA and businesses to understand the impact of potential changes including for the international competitiveness of the UK, the impact on SME lending and the nature of competition between banks that operate in the domestic market.</p>
answering member constituency Arundel and South Downs more like this
answering member printed Andrew Griffith more like this
grouped question UIN
169234 more like this
169235 more like this
169237 more like this
question first answered
less than 2023-03-27T14:08:18.3Zmore like thismore than 2023-03-27T14:08:18.3Z
answering member
4874
label Biography information for Andrew Griffith more like this
tabling member
1565
label Biography information for Sir Philip Davies more like this
1605682
registered interest false more like this
date less than 2023-03-20more like thismore than 2023-03-20
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Small Businesses: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, with reference to the proposals on SME lending in the PRA Consultation CP 16/22 on the Implementation of the Basel 3.1 standards, what assessment he has made of the impact of the proposals on the ability of challenger banks to compete with the principal six banks on SME lending. more like this
tabling member constituency Shipley remove filter
tabling member printed
Philip Davies more like this
uin 169237 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-03-27more like thismore than 2023-03-27
answer text <p>The Government is currently consulting on its proposals for Basel 3.1. This includes proposals for deleting retained EU law including those which relate to the prudential rules on SME lending. The detailed implementation of the Basel package however, has been delegated to the Prudential Regulation Authority (PRA) as the UK’s expert regulator. The PRA is consulting under an accountability framework agreed by Parliament, and has requested information from firms on specific measures including those relating to lending to SMEs.</p><p> </p><p>The consultation can be found here:</p><p><a href="https://www.bankofengland.co.uk/prudential-regulation/publication/2022/november/implementation-of-the-basel-3-1-standards" target="_blank">https://www.bankofengland.co.uk/prudential-regulation/publication/2022/november/implementation-of-the-basel-3-1-standards</a></p><p> </p><p>The Government continues to work closely with the PRA and businesses to understand the impact of potential changes including for the international competitiveness of the UK, the impact on SME lending and the nature of competition between banks that operate in the domestic market.</p>
answering member constituency Arundel and South Downs more like this
answering member printed Andrew Griffith more like this
grouped question UIN
169234 more like this
169235 more like this
169236 more like this
question first answered
less than 2023-03-27T14:08:18.363Zmore like thismore than 2023-03-27T14:08:18.363Z
answering member
4874
label Biography information for Andrew Griffith more like this
tabling member
1565
label Biography information for Sir Philip Davies more like this