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1156304
unstar this property registered interest false more like this
star this property date less than 2019-10-24more like thismore than 2019-10-24
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
star this property hansard heading Coinage more like this
unstar this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government how many 50p coins were minted to mark the exit of the UK from the EU on (1) 29 March, and (2) 31 October; what was the cost of those operations; and what has been done with the coins so minted. more like this
star this property tabling member printed
Lord Hannay of Chiswick more like this
star this property uin HL388 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 2019-11-05more like thismore than 2019-11-05
star this property answer text <p>Approximately 1 million coins were minted in October to mark the UK’s exit from the European Union, in addition to 1,000 trial coins that were struck before March 29.</p><p> </p><p>Coins bearing these dates will now be recycled and the value from the materials will be recouped by the Exchequer.</p><p> </p><p>The cost of minting these coins is commercially sensitive.</p> more like this
star this property answering member printed The Earl of Courtown remove filter
star this property question first answered
less than 2019-11-05T14:29:20.943Zmore like thismore than 2019-11-05T14:29:20.943Z
star this property answering member
3359
star this property label Biography information for The Earl of Courtown more like this
star this property tabling member
2167
star this property label Biography information for Lord Hannay of Chiswick more like this
1156553
unstar this property registered interest false more like this
star this property date less than 2019-10-28more like thismore than 2019-10-28
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
star this property hansard heading Politics and Government more like this
unstar this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what plans they have to (1) formally recognise, and (2) protect, the interests of future generations. more like this
star this property tabling member printed
Lord Bird more like this
star this property uin HL433 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 2019-11-05more like thismore than 2019-11-05
star this property answer text <p>I refer my noble friend to the answer given to him on 28 October 2019 in response to Question HL10.</p> more like this
star this property answering member printed The Earl of Courtown remove filter
star this property question first answered
less than 2019-11-05T12:58:22.513Zmore like thismore than 2019-11-05T12:58:22.513Z
star this property answering member
3359
star this property label Biography information for The Earl of Courtown more like this
star this property tabling member
4564
star this property label Biography information for Lord Bird more like this
1156587
unstar this property registered interest false more like this
star this property date less than 2019-10-28more like thismore than 2019-10-28
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
star this property hansard heading Coinage more like this
unstar this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government how many 50p coins to commemorate Brexit on 31 October have been minted. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL467 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 2019-11-05more like thismore than 2019-11-05
star this property answer text <p>Approximately 1 million coins were minted in October to mark the UK’s exit from the European Union. Coins bearing this date will now be recycled and the value from the materials will be recouped by the Exchequer.</p> more like this
star this property answering member printed The Earl of Courtown remove filter
star this property question first answered
less than 2019-11-05T14:29:32.95Zmore like thismore than 2019-11-05T14:29:32.95Z
star this property answering member
3359
star this property label Biography information for The Earl of Courtown more like this
star this property tabling member
3869
star this property label Biography information for Lord Myners more like this
1167259
unstar this property registered interest false more like this
star this property date less than 2019-10-29more like thismore than 2019-10-29
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
star this property hansard heading Banks: Russia more like this
unstar this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what oversight UK financial regulators have of the subsidiaries of the five main Russian banks subject to EU Council Regulation 833/2014. more like this
star this property tabling member printed
Lord Rooker more like this
star this property uin HL527 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 2019-11-05more like thismore than 2019-11-05
star this property answer text <p>The FCA is responsible for the regulation of the financial services sector and is operationally independent from Government. This question relates to the FCA and has been passed on to them. The FCA will reply directly to Lord Rooks by letter and a copy of the letter will be placed in the Library of the House.</p> more like this
star this property answering member printed The Earl of Courtown remove filter
star this property question first answered
less than 2019-11-05T12:55:59.41Zmore like thismore than 2019-11-05T12:55:59.41Z
star this property answering member
3359
star this property label Biography information for The Earl of Courtown more like this
star this property tabling member
302
star this property label Biography information for Lord Rooker more like this
1167559
unstar this property registered interest false more like this
star this property date less than 2019-10-30more like thismore than 2019-10-30
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
star this property hansard heading Brexit more like this
unstar this property house id 2 more like this
star this property legislature
25277
unstar 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, if any, of the long-term economic benefit of leaving the EU with the new Brexit deal. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL567 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 2019-11-05more like thismore than 2019-11-05
star this property answer text <p>The Withdrawal Agreement agreed with the EU ensures that we leave the EU in a smooth and orderly way, and will provide certainty for businesses and the economy. Leaving the Customs Union and Single Market allows the UK to pursue an ambitious FTA with the EU as sovereign equals, as well as striking trade deals with other international partners.</p><p> </p><p>The specifics of our future trading relationship with the EU will be the subject of the next phase of the negotiations. We will keep Parliament updated throughout the next phase of the negotiations and provide analysis at appropriate points.</p><p> </p><p>The OBR will, of course, continue to take Government policy – including the UK’s future relationship with the EU – as the basis for its economic and fiscal forecasts, and will provide its usual comprehensive analysis as part of these.</p> more like this
star this property answering member printed The Earl of Courtown remove filter
star this property question first answered
less than 2019-11-05T12:58:45.203Zmore like thismore than 2019-11-05T12:58:45.203Z
star this property answering member
3359
star this property label Biography information for The Earl of Courtown more like this
star this property tabling member
1796
star this property label Biography information for Lord Taylor of Warwick more like this
1167879
unstar this property registered interest false more like this
star this property date less than 2019-11-04more like thismore than 2019-11-04
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
star this property hansard heading Tobacco: Packaging more like this
unstar this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government whether all tobacco product packaging, including cigarette filters, will be subject to their proposed tax on plastic packaging. more like this
star this property tabling member printed
Lord Hanningfield more like this
star this property uin HL580 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 2019-11-05more like thismore than 2019-11-05
star this property answer text <p>As announced at Budget 2018, from April 2022 the government will be introducing a new tax on plastic packaging containing less than 30% recycled plastic.</p><p> </p><p>In spring 2019, the government consulted on the high level design of the tax and a summary of responses was published in July. These responses are being used to inform the detailed design of the tax including the definition of packaging, which will be included in legislation that is due to be introduced next year. Where tobacco product packaging, cigarette filters, e-cigarettes and other vaping related products meet the definition of plastic packaging, and contain insufficient recycled plastic, they will be subject to the tax.</p><p> </p><p>The government has made no specific assessment of the impact of litter caused by vaping. Litter specifically associated with vaping has never appeared in the top 20 litter types, according to independent national surveys carried out by Keep Britain Tidy.</p><p> </p> more like this
star this property answering member printed The Earl of Courtown remove filter
star this property grouped question UIN HL581 more like this
star this property question first answered
less than 2019-11-05T16:28:50.92Zmore like thismore than 2019-11-05T16:28:50.92Z
star this property answering member
3359
star this property label Biography information for The Earl of Courtown more like this
star this property tabling member
2650
star this property label Biography information for Lord Hanningfield more like this
1167880
unstar this property registered interest false more like this
star this property date less than 2019-11-04more like thismore than 2019-11-04
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
star this property hansard heading Electronic Cigarettes: Litter more like this
unstar this property house id 2 more like this
star this property legislature
25277
unstar 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 litter caused by vaping, in particular the plastic pods; and whether e-cigarette and other vaping related products will be subject to their proposed tax on plastic packaging. more like this
star this property tabling member printed
Lord Hanningfield more like this
star this property uin HL581 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 2019-11-05more like thismore than 2019-11-05
star this property answer text <p>As announced at Budget 2018, from April 2022 the government will be introducing a new tax on plastic packaging containing less than 30% recycled plastic.</p><p> </p><p>In spring 2019, the government consulted on the high level design of the tax and a summary of responses was published in July. These responses are being used to inform the detailed design of the tax including the definition of packaging, which will be included in legislation that is due to be introduced next year. Where tobacco product packaging, cigarette filters, e-cigarettes and other vaping related products meet the definition of plastic packaging, and contain insufficient recycled plastic, they will be subject to the tax.</p><p> </p><p>The government has made no specific assessment of the impact of litter caused by vaping. Litter specifically associated with vaping has never appeared in the top 20 litter types, according to independent national surveys carried out by Keep Britain Tidy.</p><p> </p> more like this
star this property answering member printed The Earl of Courtown remove filter
star this property grouped question UIN HL580 more like this
star this property question first answered
less than 2019-11-05T16:28:50.95Zmore like thismore than 2019-11-05T16:28:50.95Z
star this property answering member
3359
star this property label Biography information for The Earl of Courtown more like this
star this property tabling member
2650
star this property label Biography information for Lord Hanningfield more like this
1151695
unstar this property registered interest false more like this
star this property date less than 2019-10-22more like thismore than 2019-10-22
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
star this property hansard heading Shares: Sales more like this
unstar this property house id 2 more like this
star this property legislature
25277
unstar 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 prevalence of tracker and similar funds lending the shares of beneficial owners for shorting; what regulations are in place to ensure that such funds make share owners sufficiently aware that shares may be lent in this way; whether such funds must seek the permission of beneficial owners before lending their shares for such purposes; and if not, why not. more like this
star this property tabling member printed
Lord Vinson more like this
star this property uin HL332 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 2019-11-04more like thismore than 2019-11-04
star this property answer text <p>The FCA seeks to ensure that regulated firms provide adequate levels of disclosure to investors that invest in financial products, as well as the orderly functioning of these types of investment products.</p><p> </p><p>As part of this, the FCA sets requirements for managers of authorised funds carrying out stock lending, including obligations that they make clear in the fund’s prospectus (the document provided to those considering investing in a fund) if the stocks in the fund they invest in may be lent on to others. However, the FCA does not require fund managers to then seek the permission of fund investors before lending their stock in each individual case. Under FCA rules, managers of authorised funds can only lend the stocks in these funds for the account of and for the benefit of the fund and in the interests of unitholders. The manager must be satisfied that any stock lending is appropriate for generating additional income for the fund at an acceptable degree of risk.</p><p> </p><p>More broadly, the FCA is responsible for enforcing the Short Selling Regulation (SSR), which regulates short selling practices while safeguarding companies and the financial system. It imposes a disclosure regime on those who have reportable net short positions to the Financial Conduct Authority (FCA) and to the public and provides the FCA with powers to suspend short selling or limit transactions when there are significant reductions in the price of certain instruments from the previous day’s closing price. Additionally, the Treasury and FCA both have powers under the Regulation to address adverse events that pose a serious threat to market confidence or financial stability.</p>
star this property answering member printed The Earl of Courtown remove filter
star this property grouped question UIN HL333 more like this
star this property question first answered
less than 2019-11-04T13:57:17.557Zmore like thismore than 2019-11-04T13:57:17.557Z
star this property answering member
3359
star this property label Biography information for The Earl of Courtown more like this
star this property tabling member
1807
star this property label Biography information for Lord Vinson more like this
1151696
unstar this property registered interest false more like this
star this property date less than 2019-10-22more like thismore than 2019-10-22
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
star this property hansard heading Shares: Sales more like this
unstar this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what estimate they have made of the number of beneficial owners with shares invested in tracker and similar funds that are not fully cognisant that their shares are being lent for shorting; and what steps they intend to take in response to any such estimate. more like this
star this property tabling member printed
Lord Vinson more like this
star this property uin HL333 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 2019-11-04more like thismore than 2019-11-04
star this property answer text <p>The FCA seeks to ensure that regulated firms provide adequate levels of disclosure to investors that invest in financial products, as well as the orderly functioning of these types of investment products.</p><p> </p><p>As part of this, the FCA sets requirements for managers of authorised funds carrying out stock lending, including obligations that they make clear in the fund’s prospectus (the document provided to those considering investing in a fund) if the stocks in the fund they invest in may be lent on to others. However, the FCA does not require fund managers to then seek the permission of fund investors before lending their stock in each individual case. Under FCA rules, managers of authorised funds can only lend the stocks in these funds for the account of and for the benefit of the fund and in the interests of unitholders. The manager must be satisfied that any stock lending is appropriate for generating additional income for the fund at an acceptable degree of risk.</p><p> </p><p>More broadly, the FCA is responsible for enforcing the Short Selling Regulation (SSR), which regulates short selling practices while safeguarding companies and the financial system. It imposes a disclosure regime on those who have reportable net short positions to the Financial Conduct Authority (FCA) and to the public and provides the FCA with powers to suspend short selling or limit transactions when there are significant reductions in the price of certain instruments from the previous day’s closing price. Additionally, the Treasury and FCA both have powers under the Regulation to address adverse events that pose a serious threat to market confidence or financial stability.</p>
star this property answering member printed The Earl of Courtown remove filter
star this property grouped question UIN HL332 more like this
star this property question first answered
less than 2019-11-04T13:57:17.607Zmore like thismore than 2019-11-04T13:57:17.607Z
star this property answering member
3359
star this property label Biography information for The Earl of Courtown more like this
star this property tabling member
1807
star this property label Biography information for Lord Vinson more like this
1156326
unstar this property registered interest false more like this
star this property date less than 2019-10-24more like thismore than 2019-10-24
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
star this property hansard heading Financial Services: Regulation more like this
unstar this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government whether they will (1) establish an independent review into the Financial Conduct Authority's supervision of Woodford Investment Management and Link Financial Solutions, and (2) review the protections in place for investors in open-ended funds in circumstances similar to those managed by Woodford. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL410 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 2019-11-04more like thismore than 2019-11-04
star this property answer text <p>The government takes the suspension and winding up of the Woodford Equity Income Fund (WEIF) very seriously and is monitoring the response. The Financial Conduct Authority (FCA) is continuing its investigation into the activities that led to the suspension of the WEIF. At this stage, the government has not seen evidence that would justify establishing an independent review into the FCA’s supervision of the fund.</p><p> </p><p>As part of its investigation, the FCA is considering what FCA rule changes may be necessary to protect investors and to prevent similar issues in future. The FCA is also working with the Bank of England’s Financial Policy Committee to assess how funds’ redemption terms might be better aligned with the liquidity of their assets. Once the FCA publishes its findings, we will be able to assess whether there is any further role for the government.</p><p> </p> more like this
star this property answering member printed The Earl of Courtown remove filter
star this property question first answered
less than 2019-11-04T13:59:30.95Zmore like thismore than 2019-11-04T13:59:30.95Z
star this property answering member
3359
star this property label Biography information for The Earl of Courtown more like this
star this property tabling member
3869
star this property label Biography information for Lord Myners more like this