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1142125

registered interest
date	25/07/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: UK Relations with EU
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether the EU has agreed to implement (a) temporary equivalence and recognition for UK central counterparties and central securities depositories, (b) the European Securities and Markets Authority’s decision to approve Memoranda of Understanding on allowing cross-border delegation of portfolio management between the UK and the EEA and (c) the European Insurance and Occupational Pensions Authority's recommendations on relevant member state regulators to minimise detriment to insurance policyholders in the in the event the UK leaves the EU without an agreement.
tabling member constituency	Streatham
tabling member printed	Chuka Umunna
uin	282348
answer	answer is ministerial correction date of answer 03/09/2019 answer text <p>I refer the Hon. Member to the answer that I gave on 24 July 2019 under UIN 279465.</p><p> </p><p>We welcome the steps taken by the EU and some individual member states to help mitigate cliff-edge risks to financial services. This includes:</p><ul><li>The EU’s temporary equivalence and recognition for UK central counterparties (CCPs) and central securities depositories (CSDs). This follows similar action from HMT to legislate for a process to facilitate continued access for EU and global CCPs and CSDs to the UK market.</li><li>The European Securities and Markets Authority and the FCA have agreed MoUs that include provisions to allow cross-border delegation of portfolio management between the UK and the EEA. This provides the asset management industry with certainty that portfolio delegation services between themselves and clients in the EEA can continue in any exit scenario.</li><li>Recommendations from the European Insurance and Occupational Pensions Authority which call on relevant Member State regulators to put in place measures which aim to minimise detriment to insurance policyholders. It is a matter for national regulators whether they choose to comply with this guidance.</li></ul> answering member constituency Salisbury answering member printed John Glen question first answered 03/09/2019 08:14:29 answering member 4051 label Biography information for John Glen
tabling member	4128 label Biography information for Chuka Umunna

1141104

registered interest
date	22/07/2019
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Space Technology
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what parts of the Government’s plan for satellites and space programmes in the event of a no deal Brexit have been implemented.
tabling member constituency	Streatham
tabling member printed	Chuka Umunna
uin	280344
answer	answer is ministerial correction date of answer 21/08/2019 answer text <p>The Government remains focused on ensuring a smooth and orderly withdrawal from the EU with a negotiated agreement. However, as a responsible Government, we have actively prepared for every eventuality, including a ‘No Deal’ scenario.</p><p> </p><p>The technical notice published by the Government on satellites and space programmes, set out information to allow the space sector to understand what actions would be required in a ‘No Deal’ scenario. The UK Space Agency are developing options to maintain UK capability and support the space sector, including the assessment of options for the design and development of a UK global satellite navigation system as a potential alternative to the EU’s Galileo space programme.</p> answering member constituency Orpington answering member printed Joseph Johnson question first answered 21/08/2019 14:42:00 answering member 4039 label Biography information for Lord Johnson of Marylebone
tabling member	4128 label Biography information for Chuka Umunna

1140612

registered interest
date	19/07/2019
answering body	Department for Digital, Culture, Media and Sport
answering dept id	10
answering dept short name	Digital, Culture, Media and Sport
answering dept sort name	Digital, Culture, Media and Sport
hansard heading	Telecommunications
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Digital, Culture, Media and Sport, with reference to the Guidance on how to prepare for Brexit if there's no deal, published by the Department for Exiting the European Union, what parts of the plan for telecoms business in the event that the UK leaves the EU without a deal have been implemented.
tabling member constituency	Streatham
tabling member printed	Chuka Umunna
uin	279461
answer	answer is ministerial correction date of answer 02/09/2019 answer text <p>As set out in published no-deal guidance, the Government has now made laws to ensure that the legal frameworks for telecoms regulation, radio spectrum management and mobile roaming in the EU continue to operate if the UK leaves the EU without a deal. These instruments provide certainty and continuity for telecoms businesses and consumers.</p> answering member constituency Selby and Ainsty answering member printed Nigel Adams question first answered 02/09/2019 15:35:00 answering member 4057 label Biography information for Nigel Adams
tabling member	4128 label Biography information for Chuka Umunna