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1435366

registered interest
date	24/02/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Hikvision: Corporation Tax
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government how much corporation tax Hikvision paid to the Exchequer in (1) 2021, (2) 2020, (3) 2019, and (4) 2018.
tabling member printed	Lord Alton of Liverpool
uin	HL6408
answer	answer is ministerial correction date of answer 07/03/2022 answer text <p>The information requested cannot be provided.</p><p> </p><p>HMRC has a legal duty to maintain the confidentiality of taxpayer information and disclosing information to persons outside of HMRC is only allowed in a limited number of circumstances. These are set out in Section 18 of the Commissioners of Revenue and Customs Act 2005.</p> answering member printed Baroness Penn question first answered 07/03/2022 14:28:45 answering member 4726 label Biography information for Baroness Penn
tabling member	738 label Biography information for Lord Alton of Liverpool

1379739

registered interest
date	17/11/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Companies: China
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government how many Chinese companies have representatives participating in advisory groups convened by HM Treasury; and how many meetings Treasury (1) ministers, and (2) officials, had Chinese companies in the last year.
tabling member printed	Lord Alton of Liverpool
uin	HL4119
answer	answer is ministerial correction date of answer 30/11/2021 answer text Ministers and officials meet with a wide range of stakeholders in the course of normal business. Details of all official meetings by ministers are published on <a href="http://www.gov.uk" target="_blank">www.gov.uk</a>. answering member printed Lord Agnew of Oulton question first answered 30/11/2021 17:47:06 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	738 label Biography information for Lord Alton of Liverpool

1362384

registered interest
date	21/10/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Assets and Bank Services: Hong Kong
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made, if any, of (1) UK assets and bank accounts owned by officials of the government of Hong Kong, and (2) the UK property market’s exposure to the Evergrande liquidity crisis.
tabling member printed	Lord Alton of Liverpool
uin	HL3263
answer	answer is ministerial correction date of answer 04/11/2021 answer text <p>The Government does not comment on the financial positions of individuals.</p><p> </p><p>In its October 2021 record, the Financial Policy Committee of the Bank of England noted that “the interim results of the 2021 Solvency Stress Test indicate that the UK banking system is resilient to the direct effects of a severe downturn in China and Hong Kong, and sharp adjustments in global asset prices”.</p> answering member printed Lord Agnew of Oulton question first answered 04/11/2021 15:46:12 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	738 label Biography information for Lord Alton of Liverpool

1362385

registered interest
date	21/10/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Assets: China and Hong Kong
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the number of officials of the government of Hong Kong whose families hold UK citizenship; and what plans they have, if any, to audit the UK assets of officials of the governments of (1) Hong Kong, and (2) China.
tabling member printed	Lord Alton of Liverpool
uin	HL3264
answer	answer is ministerial correction date of answer 04/11/2021 answer text The Government does not assess the number of officials of the government of Hong Kong whose families hold UK citizenship. The Government does not comment on the financial positions of individuals. answering member printed Lord Agnew of Oulton question first answered 04/11/2021 15:45:39 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	738 label Biography information for Lord Alton of Liverpool

1347918

registered interest
date	19/07/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Workplace Pensions
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government how much was invested by (1) the Principal Civil Service Pension Scheme, (2) the NHS Pension Scheme, (3) the Teachers’ Pension Scheme, (4) the Local Government Pension Scheme, (5) the Firefighters’ Pension Scheme, and (6) the Armed Forces Pension Scheme, into (a) Alibaba, (b) Tencent, (c) China Construction Bank, (d) China Petroleum & Chemical Corporation, and (e) China National Offshore Oil Corporation, between 2014 and 2020.
tabling member printed	Lord Alton of Liverpool
uin	HL2136
answer	answer is ministerial correction date of answer 30/07/2021 answer text <p>The main unfunded public service pension schemes have not invested in any of the mentioned companies.</p><p> </p><p>Most Public Service Pension schemes are unfunded Defined Benefit pension schemes, with the exception of the Local Government Pension Scheme. Members’ pension benefits are set out in statute and there is no fund of assets from which pension benefits are paid. Employer and employee contributions are paid to the relevant public service pension scheme, but these contributions are not invested. Instead, the public service pension scheme uses the contributions to meet the cost of pensions in payment. Where there is a difference between pensions in payment and total contributions, the difference is made up by HMT through Annually Managed Expenditure (AME).</p><p> </p><p>The Local Government Pension Scheme is a funded scheme in which all the assets are owned by the administering authorities, which are responsible for the management of their investments. The data requested is not held centrally.</p> answering member printed Lord Agnew of Oulton question first answered 30/07/2021 09:35:05 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	738 label Biography information for Lord Alton of Liverpool

1343438

registered interest
date	05/07/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Sector: Workplace Pensions
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government how much was invested by the (1) Principal Civil Service Pension Scheme, (2) NHS Pension Scheme, (3) Teachers’ Pension Scheme, (4) Local Government Pension Scheme, (5) Firefighters’ Pension Scheme, and (6) Armed Forces Pension Scheme, into (a) Huawei Technologies Co., LTD., (b) Huawei Investment & Holding Co., LTD., and (c) Hangzhou Hikvision Digital Technology Co., LTD, in the period between 2014 and 2020.
tabling member printed	Lord Alton of Liverpool
uin	HL1662
answer	answer is ministerial correction date of answer 15/07/2021 answer text <p>The main unfunded public service pension schemes have not invested in any of the mentioned companies.</p><p> </p><p>Most Public Service Pension schemes are unfunded Defined Benefit pension schemes, with the exception of the Local Government Pension Scheme. Members’ pension benefits are set out in statute and there is no fund of assets from which pension benefits are paid. Employer and employee contributions are paid to the relevant public service pension scheme, but these contributions are not invested. Instead, the public service pension scheme uses the contributions to meet the cost of pensions in payment. Where there is a difference between pensions in payment and total contributions, the difference is made up by HMT through Annually Managed Expenditure (AME).</p><p> </p><p>The Local Government Pension Scheme is a funded scheme in which all the assets are owned by the administering authorities, which are responsible for the management of their investments. The data requested is not held centrally.</p> answering member printed Lord Agnew of Oulton question first answered 15/07/2021 14:01:14 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	738 label Biography information for Lord Alton of Liverpool

1314957

registered interest
date	17/05/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Foreign Exchange
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what steps they are taking to implement full foreign exchange price transparency by financial institutions.
tabling member printed	Lord Alton of Liverpool
uin	HL249
answer	answer is ministerial correction date of answer 27/05/2021 answer text <p>Since April 2020, provisions of the amended Cross Border Payments Regulation (also known as CBPR2), which require transparency of currency conversion fees and charges for certain payments, have applied in the United Kingdom. This regulation is intended to enable consumers to make informed decisions when purchasing currency conversion services. Amendments to this regulation were made by the Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020.</p><p>The FCA is the relevant regulatory authority with responsibility for monitoring and enforcing the requirements of the onshored UK legislation. Should the FCA have concerns regarding firms’ compliance with the requirements, it will take appropriate action as necessary.</p> answering member printed Lord Agnew of Oulton question first answered 27/05/2021 14:54:15 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	738 label Biography information for Lord Alton of Liverpool

1314148

registered interest
date	12/05/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Banks: Government Assistance
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether (1) HSBC, (2) Standard Charter, (3) Jardine Matheson, or (4) the Swire Group, have benefited from (a) the Coronavirus Job Retention Scheme, (b) the Recovery Loan Scheme, (c) the COVID-19 Corporate Financing Facility provided by the Bank of England, or (d) business rates relief.
tabling member printed	Lord Alton of Liverpool
uin	HL130
answer	answer is ministerial correction date of answer 26/05/2021 answer text <p>For claims since 1 December 2020, HMRC publishes information about employers who claim through the Coronavirus Job Retention Scheme (CJRS) on a monthly basis, on gov.uk.</p><p> </p><p>The Recovery Loan Scheme (RLS) launched on 6 April 2021 and is administered by the British Business Bank via a diverse network of accredited commercial lenders, of which HSBC are one.</p><p> </p><p>None of these firms are or have previously been listed in the Bank of England’s published data on firms with outstanding commercial paper in the COVID-19 Corporate Financing Facility (CCFF). This data is available on the Bank of England’s website.</p><p> </p><p>The Government has also provided business rates relief to eligible properties in the retail, hospitality and leisure sectors, and nurseries. It is for local authorities to determine eligibility for reliefs having regard to guidance issued by the Government. Central government does not hold any information on which businesses are in receipt of relief.</p> answering member printed Lord Agnew of Oulton question first answered 26/05/2021 15:15:53 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	738 label Biography information for Lord Alton of Liverpool

1279774

registered interest
date	25/01/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	China: Foreign Relations
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government on what dates meetings between the Treasury and any representative of the government of China have taken place since January 2020; who participated in those meetings; and what agreements have been made between the government of China - including Chinese State Owned Enterprises - and the UK in that period.
tabling member printed	Lord Alton of Liverpool
uin	HL12468
answer	answer is ministerial correction date of answer 08/02/2021 answer text <p>HM Treasury ministers and officials meet regularly with representative of the government of China in the course of international business, on a bilateral and multilateral basis.</p><p>Agreements between the Treasury and the Chinese government are usually made at the UK-China Economic and Financial Dialogue (EFD). Given an EFD has not occurred in the period from January 2020, no agreements have been made between the Treasury and the Chinese government during this period.</p> answering member printed Lord Agnew of Oulton question first answered 08/02/2021 15:17:46 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	738 label Biography information for Lord Alton of Liverpool

1244083

registered interest
date	15/10/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Freezing of Assets: Myanmar
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of Burma Campaign’s response to the Office of Financial Sanctions Implementation Annual review April 2019 to March 2020, published on 9 October, in particular, the concerns of that Campaign that sanctions targeting 16 individuals from the Burmese military and security services have not resulted in any reported assets being frozen; whether they intend to publish details of any assets frozen as the result of those sanctions; and if not, why not.
tabling member printed	Lord Alton of Liverpool
uin	HL9213
answer	answer is ministerial correction date of answer 28/10/2020 answer text <p>HM Treasury received correspondence from Burma Campaign UK regarding the Office of Financial Sanctions Implementation (OFSI)’s Annual Review on 13 October 2020, and will respond directly to the Campaign in due course.</p> answering member printed Lord Agnew of Oulton question first answered 28/10/2020 11:46:43 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	738 label Biography information for Lord Alton of Liverpool