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1137076
star this property registered interest false more like this
star this property date less than 2019-07-04more like thismore than 2019-07-04
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Insurance Companies: Investment more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what steps they are taking to promote investment by the insurance industry into applied research, new technologies, and infrastructure; whether information about any such investments will be published on an annual basis; and if so, where. more like this
star this property tabling member printed
Lord Hunt of Chesterton more like this
star this property uin HL16940 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-17more like thismore than 2019-07-17
star this property answer text <p>The treatment of infrastructure investment by insurance undertakings for the purposes of prudential regulation is set by the Solvency II Directive. In March 2019, the EU adopted new Solvency II rules to help insurers to invest in equity and private debt and to provide long-term capital financing. This means that insurers will be able to hold less capital for such investments and will therefore find such investments more attractive. The Government does not collect information about such investments, but individual insurance firms often include such details in their annual reports.</p><p><em> </em></p>The government provides competitive R&amp;D tax reliefs to support businesses to invest. Support for businesses through R&amp;D tax reliefs rose to £3.7 billion in 2015-16, up by almost a quarter from the previous year. The government is also carrying out the Infrastructure Finance Review, to support private infrastructure investment and ensure that infrastructure projects, including those using new technologies, are able to access the finance they need. The review will conclude alongside the National Infrastructure Strategy in the Autumn.<p> </p>In 2018, the UK Government provided £20m of ‘pioneer funding’ through the Next Generation Services Industrial Strategy Challenge Fund to explore how new technologies could transform the UK accountancy, insurance and legal services industries<p> </p>
star this property answering member printed Lord Young of Cookham remove filter
star this property question first answered
remove maximum value filtermore like thismore than 2019-07-17T16:31:26.07Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
2543
star this property label Biography information for Lord Hunt of Chesterton more like this
1136413
star this property registered interest false more like this
star this property date less than 2019-07-02more like thismore than 2019-07-02
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Personal Income: Pensioners more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what are the number and percentage of pensioners with annual incomes above £50,000, broken down by age, in each of the last three years. more like this
star this property tabling member printed
Baroness Altmann more like this
star this property uin HL16863 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-15more like thismore than 2019-07-15
star this property answer text <p>For this answer pensioners have been defined as those over State Pension Age (SPA). The definition used is consistent with average SPAs from HMRC’s published Income Tax Liabilities Statistics. The average female SPA for the purposes of this are 63.75 years in 2016-17 and 64.5 years in 2017-18 (the male SPA is 65 in both). The average male and female SPA in 2018-19 is 65.25.</p><p> </p><p>i)</p><p>Estimates of the number of pensioners who had tax liabilities at the 40% and 45% rates of income tax:</p><p> </p><p>Numbers: thousands</p><table><tbody><tr><td><p> </p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td></tr><tr><td><p>40%</p></td><td><p>537</p></td><td><p>514</p></td><td><p>508</p></td></tr><tr><td><p>45%</p></td><td><p>34</p></td><td><p>35</p></td><td><p>37</p></td></tr></tbody></table><p> </p><p>i)</p><p>Estimates of the number of pensioners who had an annual income above £50,000 as:</p><p>Numbers: thousands</p><table><tbody><tr><td><p> </p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td></tr><tr><td><p>Male</p></td><td><p>311</p></td><td><p>342</p></td><td><p>361</p></td></tr><tr><td><p>Female</p></td><td><p>107</p></td><td><p>110</p></td><td><p>113</p></td></tr><tr><td><p>Total</p></td><td><p>418</p></td><td><p>451</p></td><td><p>474</p></td></tr></tbody></table><p> </p><p>ii)</p><p>Of these pensioners with income above £50,000, the age ranges are:</p><p>Numbers: thousands</p><table><tbody><tr><td><p> </p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td></tr><tr><td><p>60-64</p></td><td><p>9</p></td><td><p>5</p></td><td><p> </p></td></tr><tr><td><p>65-69</p></td><td><p>170</p></td><td><p>171</p></td><td><p>170</p></td></tr><tr><td><p>70-74</p></td><td><p>108</p></td><td><p>131</p></td><td><p>145</p></td></tr><tr><td><p>75+</p></td><td><p>131</p></td><td><p>143</p></td><td><p>158</p></td></tr></tbody></table><p> </p><p>The number of 60-64 year old Pensioners reduces to zero by 2018-19 reflecting the increasing SPA for females over the time period shown.</p><p> </p><p>The figures for 2016-17 are based on the latest outturn data from the Survey of Personal Incomes (SPI), 2017-18 and 2018-19 are projections based on the 2016-17 SPI, which are projected using economic assumptions consistent with the Office for Budget Responsibility’s (OBR) March 2019 Economic and Fiscal Outlook.</p><p> </p><p>For comparison to the total population of pensioners, Office of National Statistics (ONS) estimates of the population of the UK give the number of individuals by age. The number of pensioners in the UK can also be estimated using the average state pension age in each tax year:</p><p> </p><p>12.3 million in 2016-17</p><p>12.2 million in 2017-18</p><p>12.0 million in 2018-19</p>
star this property answering member printed Lord Young of Cookham remove filter
star this property grouped question UIN
HL16778 more like this
HL16779 more like this
star this property question first answered
less than 2019-07-15T16:39:10.643Zmore like thismore than 2019-07-15T16:39:10.643Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
4533
star this property label Biography information for Baroness Altmann more like this
1136430
star this property registered interest false more like this
star this property date less than 2019-07-02more like thismore than 2019-07-02
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Employment more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of the impact of leaving the EU on 31 October on employment levels. more like this
star this property tabling member printed
Lord Roberts of Llandudno more like this
star this property uin HL16880 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-16more like thismore than 2019-07-16
star this property answer text <p>In November 2018 the Government published a detailed set of economic analyses on the long-term impacts of EU exit on the UK economy, its sectors, nations and regions and the public finances.</p><p> </p><p> </p><p>This government has a strong track record of delivering and protecting jobs. There are 3.7 million more people in work compared to 2010, and the proportion of low paid jobs is at its lowest level for at least 20 years.</p> more like this
star this property answering member printed Lord Young of Cookham remove filter
star this property question first answered
less than 2019-07-16T15:14:29.11Zmore like thismore than 2019-07-16T15:14:29.11Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
3691
star this property label Biography information for Lord Roberts of Llandudno more like this
1136436
star this property registered interest false more like this
star this property date less than 2019-07-02more like thismore than 2019-07-02
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Financial Services more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what steps they are taking to invest in infrastructure projects in the UK financial services industry to help address climate change. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL16886 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-09more like thismore than 2019-07-09
star this property answer text <p>On 2<sup>nd</sup> July, the Government launched its Green Finance Strategy with the ambition to align private sector financial flows with clean, environmentally sustainable and resilient growth, and strengthen the competitiveness of our financial sector. The strategy outlines how we will drive the greening of the financial system and help mobilise private sector finance to meet our environmental objectives, including through infrastructure projects in the UK and overseas. We have also worked with the City of London to launch the Green Finance Institute on 2<sup>nd</sup> July.</p> more like this
star this property answering member printed Lord Young of Cookham remove filter
star this property question first answered
less than 2019-07-09T16:22:07.617Zmore like thismore than 2019-07-09T16:22:07.617Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
1796
star this property label Biography information for Lord Taylor of Warwick more like this
1135685
star this property registered interest false more like this
star this property date less than 2019-07-01more like thismore than 2019-07-01
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Income Tax: Pensioners more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what percentage of pensioners paid tax at (1) the 40 per cent, and (2) the 45 per cent, rate in each of the last three years. more like this
star this property tabling member printed
Baroness Altmann more like this
star this property uin HL16778 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-15more like thismore than 2019-07-15
star this property answer text <p>For this answer pensioners have been defined as those over State Pension Age (SPA). The definition used is consistent with average SPAs from HMRC’s published Income Tax Liabilities Statistics. The average female SPA for the purposes of this are 63.75 years in 2016-17 and 64.5 years in 2017-18 (the male SPA is 65 in both). The average male and female SPA in 2018-19 is 65.25.</p><p> </p><p>i)</p><p>Estimates of the number of pensioners who had tax liabilities at the 40% and 45% rates of income tax:</p><p> </p><p>Numbers: thousands</p><table><tbody><tr><td><p> </p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td></tr><tr><td><p>40%</p></td><td><p>537</p></td><td><p>514</p></td><td><p>508</p></td></tr><tr><td><p>45%</p></td><td><p>34</p></td><td><p>35</p></td><td><p>37</p></td></tr></tbody></table><p> </p><p>i)</p><p>Estimates of the number of pensioners who had an annual income above £50,000 as:</p><p>Numbers: thousands</p><table><tbody><tr><td><p> </p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td></tr><tr><td><p>Male</p></td><td><p>311</p></td><td><p>342</p></td><td><p>361</p></td></tr><tr><td><p>Female</p></td><td><p>107</p></td><td><p>110</p></td><td><p>113</p></td></tr><tr><td><p>Total</p></td><td><p>418</p></td><td><p>451</p></td><td><p>474</p></td></tr></tbody></table><p> </p><p>ii)</p><p>Of these pensioners with income above £50,000, the age ranges are:</p><p>Numbers: thousands</p><table><tbody><tr><td><p> </p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td></tr><tr><td><p>60-64</p></td><td><p>9</p></td><td><p>5</p></td><td><p> </p></td></tr><tr><td><p>65-69</p></td><td><p>170</p></td><td><p>171</p></td><td><p>170</p></td></tr><tr><td><p>70-74</p></td><td><p>108</p></td><td><p>131</p></td><td><p>145</p></td></tr><tr><td><p>75+</p></td><td><p>131</p></td><td><p>143</p></td><td><p>158</p></td></tr></tbody></table><p> </p><p>The number of 60-64 year old Pensioners reduces to zero by 2018-19 reflecting the increasing SPA for females over the time period shown.</p><p> </p><p>The figures for 2016-17 are based on the latest outturn data from the Survey of Personal Incomes (SPI), 2017-18 and 2018-19 are projections based on the 2016-17 SPI, which are projected using economic assumptions consistent with the Office for Budget Responsibility’s (OBR) March 2019 Economic and Fiscal Outlook.</p><p> </p><p>For comparison to the total population of pensioners, Office of National Statistics (ONS) estimates of the population of the UK give the number of individuals by age. The number of pensioners in the UK can also be estimated using the average state pension age in each tax year:</p><p> </p><p>12.3 million in 2016-17</p><p>12.2 million in 2017-18</p><p>12.0 million in 2018-19</p>
star this property answering member printed Lord Young of Cookham remove filter
star this property grouped question UIN
HL16779 more like this
HL16863 more like this
star this property question first answered
less than 2019-07-15T16:39:10.563Zmore like thismore than 2019-07-15T16:39:10.563Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
4533
star this property label Biography information for Baroness Altmann more like this
1135686
star this property registered interest false more like this
star this property date less than 2019-07-01more like thismore than 2019-07-01
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Personal Income: Pensioners more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what is (1) the total number, and (2) the percentage, of pensioners who had an annual income above £50,000 in each of the last three years; and whether they have a gender breakdown for those data. more like this
star this property tabling member printed
Baroness Altmann more like this
star this property uin HL16779 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-15more like thismore than 2019-07-15
star this property answer text <p>For this answer pensioners have been defined as those over State Pension Age (SPA). The definition used is consistent with average SPAs from HMRC’s published Income Tax Liabilities Statistics. The average female SPA for the purposes of this are 63.75 years in 2016-17 and 64.5 years in 2017-18 (the male SPA is 65 in both). The average male and female SPA in 2018-19 is 65.25.</p><p> </p><p>i)</p><p>Estimates of the number of pensioners who had tax liabilities at the 40% and 45% rates of income tax:</p><p> </p><p>Numbers: thousands</p><table><tbody><tr><td><p> </p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td></tr><tr><td><p>40%</p></td><td><p>537</p></td><td><p>514</p></td><td><p>508</p></td></tr><tr><td><p>45%</p></td><td><p>34</p></td><td><p>35</p></td><td><p>37</p></td></tr></tbody></table><p> </p><p>i)</p><p>Estimates of the number of pensioners who had an annual income above £50,000 as:</p><p>Numbers: thousands</p><table><tbody><tr><td><p> </p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td></tr><tr><td><p>Male</p></td><td><p>311</p></td><td><p>342</p></td><td><p>361</p></td></tr><tr><td><p>Female</p></td><td><p>107</p></td><td><p>110</p></td><td><p>113</p></td></tr><tr><td><p>Total</p></td><td><p>418</p></td><td><p>451</p></td><td><p>474</p></td></tr></tbody></table><p> </p><p>ii)</p><p>Of these pensioners with income above £50,000, the age ranges are:</p><p>Numbers: thousands</p><table><tbody><tr><td><p> </p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td></tr><tr><td><p>60-64</p></td><td><p>9</p></td><td><p>5</p></td><td><p> </p></td></tr><tr><td><p>65-69</p></td><td><p>170</p></td><td><p>171</p></td><td><p>170</p></td></tr><tr><td><p>70-74</p></td><td><p>108</p></td><td><p>131</p></td><td><p>145</p></td></tr><tr><td><p>75+</p></td><td><p>131</p></td><td><p>143</p></td><td><p>158</p></td></tr></tbody></table><p> </p><p>The number of 60-64 year old Pensioners reduces to zero by 2018-19 reflecting the increasing SPA for females over the time period shown.</p><p> </p><p>The figures for 2016-17 are based on the latest outturn data from the Survey of Personal Incomes (SPI), 2017-18 and 2018-19 are projections based on the 2016-17 SPI, which are projected using economic assumptions consistent with the Office for Budget Responsibility’s (OBR) March 2019 Economic and Fiscal Outlook.</p><p> </p><p>For comparison to the total population of pensioners, Office of National Statistics (ONS) estimates of the population of the UK give the number of individuals by age. The number of pensioners in the UK can also be estimated using the average state pension age in each tax year:</p><p> </p><p>12.3 million in 2016-17</p><p>12.2 million in 2017-18</p><p>12.0 million in 2018-19</p>
star this property answering member printed Lord Young of Cookham remove filter
star this property grouped question UIN
HL16778 more like this
HL16863 more like this
star this property question first answered
less than 2019-07-15T16:39:10.613Zmore like thismore than 2019-07-15T16:39:10.613Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
4533
star this property label Biography information for Baroness Altmann more like this
1135700
star this property registered interest false more like this
star this property date less than 2019-07-01more like thismore than 2019-07-01
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Married People: Tax Allowances more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government how many people claimed the Marriage Allowance in the 2018–19 financial year; and what steps they are taking to increase the uptake of that allowance. more like this
star this property tabling member printed
Baroness Eaton more like this
star this property uin HL16793 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-15more like thismore than 2019-07-15
star this property answer text <p>The Marriage Allowance was introduced in April 2015 to recognise the importance of marriage and civil partnerships through the tax system, and support those on low incomes by helping them keep more of the money they earn. There were 1.78m claimants for the Marriage Allowance in 2018-19.</p><p> </p><p>The Government has taken significant steps to encourage people to claim for the Marriage Allowance. HM Revenue and Customs ran a series of both free and paid-for marketing campaigns, which ran between October 2015 and March 2017, and continue to raise awareness through ongoing communication on social media and on GOV.UK. Marriage Allowance can be claimed through the Personal Tax Account on GOV.UK or by phone to HMRC. The Marriage Allowance can be backdated to 2015-16 when it was introduced. This means eligible couples can claim a total of £1,150 if not claimed before.</p> more like this
star this property answering member printed Lord Young of Cookham remove filter
star this property question first answered
less than 2019-07-15T14:37:52.733Zmore like thismore than 2019-07-15T14:37:52.733Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
4184
star this property label Biography information for Baroness Eaton more like this
1135701
star this property registered interest false more like this
star this property date less than 2019-07-01more like thismore than 2019-07-01
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Married People: Tax Allowances more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of the effectiveness of the Marriage Allowance; and what plans they have to review that allowance. more like this
star this property tabling member printed
Baroness Eaton more like this
star this property uin HL16794 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-15more like thismore than 2019-07-15
star this property answer text <p>The Marriage Allowance was introduced in April 2015 to recognise the importance of marriage and civil partnerships in the tax system, and support those on low incomes by helping them keep more of the money they earn.</p><p> </p><p>The Marriage Allowance is effective as it gives extra financial support to those couples eligible for it. In 2018/19, 1.78m couples benefitted from the Marriage Allowance which is worth up to £250 a year. The Marriage Allowance can be backdated to 2015-16 when it was introduced. This means eligible couples can claim a total of £1,150 if not claimed before.</p><p> </p><p>As with all aspects of Government policy, the Marriage Allowance will be kept under review and any decisions on future changes will be taken as part of the annual Budget process in the context of the wider public finances.</p> more like this
star this property answering member printed Lord Young of Cookham remove filter
star this property question first answered
less than 2019-07-15T14:38:24.653Zmore like thismore than 2019-07-15T14:38:24.653Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
4184
star this property label Biography information for Baroness Eaton more like this
1135702
star this property registered interest false more like this
star this property date less than 2019-07-01more like thismore than 2019-07-01
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Freezing of Assets: Libya more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government how much revenue has been raised from frozen Libyan assets in London in each of the last five years for which figures are available. more like this
star this property tabling member printed
Lord Empey more like this
star this property uin HL16795 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-15more like thismore than 2019-07-15
star this property answer text The Government’s response of 24 June to the Northern Ireland Affairs Committee report (into Government support for UK victims of IRA attacks that used Qadhafi-supplied Semtex and weapons) set out the information the Government had obtained about tax receipts on frozen Libyan assets held in UK banks. The response states: “Around £17 million has been received in total since the start of the 2016-17 tax year. HMRC currently receives around £5 million each year.” more like this
star this property answering member printed Lord Young of Cookham remove filter
star this property question first answered
less than 2019-07-15T14:36:41.99Zmore like thismore than 2019-07-15T14:36:41.99Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
4216
star this property label Biography information for Lord Empey more like this
1135748
star this property registered interest false more like this
star this property date less than 2019-07-01more like thismore than 2019-07-01
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Facebook: Cryptocurrencies more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of the implications of Facebook’s proposed Libra cryptocurrency on the management of monetary and financial stability mechanisms and policies. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL16841 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-15more like thismore than 2019-07-15
star this property answer text <p>The Government does not comment on details of the proposed business models of individual companies. However, this proposal raises wider questions for policy and financial regulation. The Government is working with the Bank of England, the Financial Conduct Authority and international counterparts to consider these issues.</p><p> </p><p>More broadly, the Government established the Cryptoassets Taskforce – comprised of HM Treasury, the Financial Conduct Authority and the Bank of England - to explore the risks and potential benefits of cryptoassets and consider the appropriate response. The Taskforce’s response set out commitments to further consider the regulatory approach to cryptoassets. The Government will consult on its approach to unregulated cryptoassets later this year.</p><p> </p><p>The Taskforce’s final report, found that cryptoassets do not currently pose a material threat to UK or global financial stability, however this could change in the future, and the Bank of England’s Financial Policy Committee will continue to monitor the situation.</p>
star this property answering member printed Lord Young of Cookham remove filter
star this property question first answered
less than 2019-07-15T14:04:14.17Zmore like thismore than 2019-07-15T14:04:14.17Z
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57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
3869
star this property label Biography information for Lord Myners more like this