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1490964

registered interest
date	20/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Insurance Companies
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of taking steps to deter the practice of assignment of benefit only collection of premiums and avoiding liabilities by acquiring insurance companies.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	40811
answer	answer is ministerial correction date of answer 05/09/2022 answer text <p>The Financial Conduct Authority monitors the risk of firms’ non-compliance with its rules by maintaining regular and open dialogue with consumer organisations, trade associations, and other sources such as complaints information.</p><p>The Financial Conduct Authority has not been made aware of widespread issues relating to assignment of benefits, and the Government does not currently plan on taking action.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 05/09/2022 07:18:14 answering member 3912 label Biography information for Richard Fuller
tabling member	4397 label Biography information for Peter Dowd

1490653

registered interest
date	19/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Insurance Companies: Directors
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment his Department has made of the adequacy of measures taken to ensure that directors of insurance companies are fit and proper.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	39878
answer	answer is ministerial correction date of answer 05/09/2022 answer text <p>The Financial Conduct Authority and Prudential Regulation Authority are independent bodies responsible for the regulation and supervision of the financial services industry. They have set out rules determining the assessment of the fitness and propriety of individuals applying to become an approved person within an insurance company, including director, and are responsible for the monitoring of adherence to these rules.</p><p> </p><p>The government has no plans to change these arrangements.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 05/09/2022 07:19:38 answering member 3912 label Biography information for Richard Fuller
tabling member	4397 label Biography information for Peter Dowd

1344834

registered interest
date	07/07/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	HSBC: China
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the implications fpr his policies of HSBC’s decision to transfer executives from the UK to China.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	29068
answer	answer is ministerial correction date of answer 13/07/2021 answer text <p>The Government engages in regular dialogue with businesses in Hong Kong and the UK, as well as monitoring the operation of the financial sector and its participants on an ongoing basis. Financial institutions operating in Hong Kong do so within a strict legal and regulatory framework.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 29069 29070 question first answered 13/07/2021 13:40:44 answering member 4051 label Biography information for John Glen
tabling member	4397 label Biography information for Peter Dowd

1316124

registered interest
date	19/05/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	UK-china Cooperation Fund: Companies
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will publish a list of UK companies who are currently participating in the UK-China Cooperation Fund.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	3904
answer	answer is ministerial correction date of answer 26/05/2021 answer text <p>The UK-China Cooperation Fund is a private sector initiative. Participation in the fund is an independent commercial matter for the companies concerned.</p><p><strong> </strong></p> answering member constituency Salisbury answering member printed John Glen question first answered 26/05/2021 11:49:01 answering member 4051 label Biography information for John Glen
tabling member	4397 label Biography information for Peter Dowd

1316125

registered interest
date	19/05/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Shanghai Stock Exchange: Overseas Companies
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many British companies have issued shares on the Shanghai Stock Market as part of the London-Shanghai Stock Connect.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	3905
answer	answer is ministerial correction date of answer 26/05/2021 answer text <p>The London-Shanghai Stock Connect is a commercial initiative. Information about the companies involved is publicly available, whether via the relevant exchanges, the companies listed, and third-party news and data providers.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 3906 question first answered 26/05/2021 11:45:16 answering member 4051 label Biography information for John Glen
tabling member	4397 label Biography information for Peter Dowd

1316127

registered interest
date	19/05/2021
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	London Stock Exchange: China
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many Chinese companies have issued shares on the London Stock Exchange as part of the London-Shanghai Stock Connect.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	3906
answer	answer is ministerial correction date of answer 26/05/2021 answer text <p>The London-Shanghai Stock Connect is a commercial initiative. Information about the companies involved is publicly available, whether via the relevant exchanges, the companies listed, and third-party news and data providers.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 3905 question first answered 26/05/2021 11:45:16 answering member 4051 label Biography information for John Glen
tabling member	4397 label Biography information for Peter Dowd

1141689

registered interest
date	24/07/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Health Insurance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many and what proportion of people in the UK have private medical insurance.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	281774
answer	answer is ministerial correction date of answer 03/09/2019 answer text <p>The Government monitors the insurance market and is responsible for setting the overall legal framework of financial services regulation.</p><p> </p><p>The Government does not hold information on the amount spent on private medical cover, or on the number and proportion of people in the UK with private medical insurance.</p><p> </p><p>However, data from the Office for National Statistics reports that total expenditure on voluntary health insurance was £6 billion in 2017.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 281775 question first answered 03/09/2019 07:04:19 answering member 4051 label Biography information for John Glen
tabling member	4397 label Biography information for Peter Dowd

1141690

registered interest
date	24/07/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Health Insurance: Expenditure
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how much was spent on private medical health cover in the UK in 2018.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	281775
answer	answer is ministerial correction date of answer 03/09/2019 answer text <p>The Government monitors the insurance market and is responsible for setting the overall legal framework of financial services regulation.</p><p> </p><p>The Government does not hold information on the amount spent on private medical cover, or on the number and proportion of people in the UK with private medical insurance.</p><p> </p><p>However, data from the Office for National Statistics reports that total expenditure on voluntary health insurance was £6 billion in 2017.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 281774 question first answered 03/09/2019 07:04:19 answering member 4051 label Biography information for John Glen
tabling member	4397 label Biography information for Peter Dowd

1133184

registered interest
date	19/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Taxation: Electronic Government
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has plans for a further consultation on the process for (a) year-end adjustments and (b) the design of software for (i) making tax digital for income tax and (ii) making tax digital for corporation tax in relation to the working practices of businesses and their (A) accountants, (B) agents and (C) advisers.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	266731
answer	answer is ministerial correction date of answer 28/06/2019 answer text <p>At Spring Statement 2019, the Chancellor of the Exchequer confirmed that mandation of Making Tax Digital (MTD) would not be extended to any new taxes or businesses next year.</p><p> </p><p>The Government will formally consult before any decision is taken to proceed with MTD for Corporation Tax, including on how the process will work in practice, with announcement to be considered as part of the fiscal events process, and made in due course.</p><p> </p><p>HMRC will continue to work closely with both software providers and stakeholders representing businesses and agents, so that the MTD service takes full account of the way businesses and their advisers operate.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 266728 266729 266730 question first answered 28/06/2019 13:52:36 answering member 3991 label Biography information for Jesse Norman
tabling member	4397 label Biography information for Peter Dowd

1091232

registered interest
date	19/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Treasury: Consultants
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many consultants his Department has hired in each year since 2016; and what the cost of that process has been to the public purse.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	234204
answer	answer is ministerial correction date of answer 22/03/2019 answer text <p>The information is not held centrally.</p><p> </p><p>Details of HM Treasury’s spending on consultancy for each financial year is published in the Annual Report and Accounts which can be found at <a href="https://www.gov.uk/government/publications" target="_blank">https://www.gov.uk/government/publications</a></p> answering member constituency Newark answering member printed Robert Jenrick question first answered 22/03/2019 08:36:22 answering member 4320 label Biography information for Robert Jenrick
tabling member	4397 label Biography information for Peter Dowd