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1169106

	registered interest
	date	07/01/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Football Pools: Excise Duties
	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 potential merits of reducing Pool Betting Duty to 10 per cent.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	954
	answer	answer is ministerial correction date of answer 14/01/2020 answer text <p>No recent estimate has been made. The Government recognises the popularity of the Football Pools. But reducing Pool Betting Duty is likely to have a negligible effect and could put revenue at risk, particularly through incentivising switching of products from fixed odds bets to pooled bets. HM Treasury however keeps all taxes under active review.</p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke grouped question UIN 953 question first answered 14/01/2020 09:45:49 answering member 4655 label Biography information for Sir Simon Clarke
	tabling member	1565 label Biography information for Sir Philip Davies

1169105

	registered interest
	date	07/01/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Football Pools: Excise Duties
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the potential merits of reducing Pool Betting Duty to 10 per cent on the industry and economy of the north of England.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	953
	answer	answer is ministerial correction date of answer 14/01/2020 answer text <p>No recent estimate has been made. The Government recognises the popularity of the Football Pools. But reducing Pool Betting Duty is likely to have a negligible effect and could put revenue at risk, particularly through incentivising switching of products from fixed odds bets to pooled bets. HM Treasury however keeps all taxes under active review.</p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke grouped question UIN 954 question first answered 14/01/2020 09:45:49 answering member 4655 label Biography information for Sir Simon Clarke
	tabling member	1565 label Biography information for Sir Philip Davies

1149881

	registered interest
	date	16/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cryptocurrencies
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to the Financial Conduct Authority's consultation entitled, CP19/22: Restricting the sale to retail clients of investment products that reference cryptoassets, what the evidential basis is for the statement that the majority of investors in Exchange Traded Notes which reference cryptoassets were likely to suffer a loss over the long-term.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	948
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>This is a matter for the Financial Conduct Authority (FCA), which is independent of government. The question has been passed to the FCA.</p><p>The FCA will reply directly to Philip Davies MP by letter. A copy of the letter will be placed in the Library of the House.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 488 490 496 497 498 500 question first answered 21/10/2019 15:14:19 answering member 4051 label Biography information for John Glen
	tabling member	1565 label Biography information for Sir Philip Davies

1541460

	registered interest
	date	11/11/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Treasury: Civil Servants
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what the civil service headcount for their Department was on (a) 15 November 2022 and (b) 1 February 2020.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	84844
	answer	answer is ministerial correction date of answer 21/11/2022 answer text <p>The number of Civil Servants employed by HM Treasury as at the closest month end dates to those requested are:</p><p> </p><p> </p><table><tbody><tr><td><p><strong>Date</strong></p></td><td><p><strong>Paid Headcount</strong></p></td></tr><tr><td><p>31/01/2020</p></td><td><p>1601</p></td></tr><tr><td><p>31/10/2022</p></td><td><p>2080</p></td></tr></tbody></table><p> </p><p>National Statistics on Civil Service employment numbers, both overall and by department, are published each quarter by the Office for National Statistics (ONS) as part of their Public Sector Employment statistical release.</p><p> </p><p>The latest figures were published 13 September 2022 and showed the position as at 30 June 2022. The next figures will be published 13 December for the end of September position.</p><p> </p><p>More timely workforce information is also published by departments in the interests of transparency on gov.uk each month. This monthly workforce management information (MWMI) includes additional breakdowns on department and agency employment numbers e.g. showing contingent labour, grade breakdowns and associated costs.</p><p> </p><p>The department continued to grow throughout 2020-21, as work on planning the transition from our exit from the EU continued and the department responded to the COVID-19 crisis. In 2021-22 the Treasury continued to respond to COVID-19 and to Russia’s invasion of Ukraine, and took on new responsibilities such as the establishment of the UK Infrastructure Bank, as well as setting up the new economic campus in Darlington. The size of the Treasury’s workforce in 2021- 22 remained broadly consistent with that of the previous year.</p><p> </p><p>Treasury will meet its departmental Spending Review commitments, in doing this we will continue to seek opportunities for efficiencies, in line with the steer in the Autumn Statement.</p> answering member constituency South Suffolk answering member printed James Cartlidge question first answered 21/11/2022 16:51:44 answering member 4519 label Biography information for James Cartlidge
	tabling member	1565 label Biography information for Sir Philip Davies

1541301

	registered interest
	date	09/11/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Treasury: Coronavirus
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many employees in his Department work on matters related to covid-19.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	83586
	answer	answer is ministerial correction date of answer 17/11/2022 answer text <p>HMT takes a flexible and dynamic approach to resourcing in order to meet Government priorities. Many staff working on matters related to COVID-19 do so alongside its other policy priorities. We do not routinely record the number of full time equivalent civil servants who work on individual policy initiatives.</p><p> </p><p>As at end March 2022, HM Treasury had 2,045 paid full time equivalent staff <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1092103/HMT_Annual_Report_and_Accounts_2021-22.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1092103/HMT_Annual_Report_and_Accounts_2021-22.pdf</a></p> answering member constituency South Suffolk answering member printed James Cartlidge question first answered 17/11/2022 16:04:02 answering member 4519 label Biography information for James Cartlidge
	tabling member	1565 label Biography information for Sir Philip Davies

1166888

	registered interest
	date	28/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Treasury: International Men's Day
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what plans his Department has to mark International Men's Day on 19 November 2019.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	6312
	answer	answer is ministerial correction date of answer 04/11/2019 answer text <p>No one should suffer unfair treatment because of their gender. Every year International Men’s Day offers an opportunity to highlight how outcomes for men and boys can be improved and to talk about some of the important work going on every day across Government to do this.</p><p> </p><p>The work ranges from the introduction of shared parental leave, which allows men to take time away from the workplace and bond with their new children, benefitting that crucial long-term relationship for both parent and child, to our programme tackling LGBT bullying in schools which seeks to protect those who may be victimised by outdated and stereotypical ideas of what it means to be a ‘real man’.</p><p> </p><p>Government is also working with local authorities to ensure their suicide prevention plans support more men, and in the Domestic Abuse Bill we propose to create a statutory definition of domestic abuse that makes clear men also can be victims of this abhorrent crime.</p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke question first answered 04/11/2019 13:26:40 answering member 4655 label Biography information for Sir Simon Clarke
	tabling member	1565 label Biography information for Sir Philip Davies

1327641

	registered interest
	date	24/05/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Financial Services
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether it remains the Government’s policy to ensure that the UK remains the most competitive place to do financial services in the world.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	6237
	answer	answer is ministerial correction date of answer 27/05/2021 answer text <p>The Government is committed to ensuring the UK’s financial services sector continues to remain global and competitive.</p><p> </p><p>In a statement to the House of Commons in November, the Chancellor set out the Government’s vision for the UK’s financial services sector. This vision is of a sector that is more open; more technologically advanced; and a world-leader in the use of green finance, serving the communities and citizens of this country.</p><p> </p><p>Since November, the Financial Services Act has been passed, which delivered a broad range of measures that significantly advanced these objectives.</p> answering member constituency Salisbury answering member printed John Glen question first answered 27/05/2021 14:54:20 answering member 4051 label Biography information for John Glen
	tabling member	1565 label Biography information for Sir Philip Davies

1327640

	registered interest
	date	24/05/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cryptoassets: Registration
	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 effect on the UK’s international competitiveness of the delays to the Financial Conduct Authority’s crypto asset anti-money laundering / counter-terrorist financing registration regime.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	6236
	answer	answer is ministerial correction date of answer 28/05/2021 answer text <p>The UK is committed to having a robust AML regime for cryptoassets which will help to bolster confidence in the UK as a safe and reputable place to start and grow a cryptoasset business.</p><p>On 10 January 2020, the FCA became the anti-money laundering and counter terrorist financing (AML/CTF) supervisor for cryptoassets firms. Due to the complexity and standard of applications received, the FCA was not able to process and register all applications by the 10 January 2021 deadline. A significant number of firms have failed to implement appropriately robust AML control frameworks, and to employ fit and proper personnel.</p><p>On 16 December 2020 the FCA announced that it was establishing a ‘Temporary Registration Regime’, under which relevant firms are eligible to continue trading pending a decision. This is due to expire on 9 July 2021.</p><p>As of 24 May 2021, 5 cryptoasset businesses have received registration from the FCA since 10 January 2020. Of the firms assessed to date over 90% have withdrawn their application following FCA intervention. There are 167 cryptoasset businesses with outstanding applications for AML/CTF registration with the FCA. 77 new cryptoasset businesses have applications pending full assessment.</p><p> </p><p>On 7 January HM Treasury published a consultation on the broader regulatory treatment of cryptoassets, with a focus on cryptoassets known as stablecoins. It also included a call for evidence on the use of Distributed Ledger Technology (DLT) in financial markets. This consultation has now closed. The government is processing responses and will outline next steps in due course. Any future regulatory regime for cryptoassets  set out by the Government in light of this consultation will aim to balance the potential risk to consumers with the ambition to stimulate competition and innovation in the industry.</p><p> </p><p>HM Treasury officials are in regular contact with the FCA, as well as individual firms, industry groups and associations and consumer facing organisations to listen to their concerns on the full range of financial services related issues including cryptoassets.</p><p> </p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 6222 6223 6224 6225 6226 6227 6228 6229 6230 6231 6232 6233 6234 6235 question first answered 28/05/2021 07:49:31 answering member 4051 label Biography information for John Glen
	tabling member	1565 label Biography information for Sir Philip Davies

1327639

	registered interest
	date	24/05/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cryptoassets: Registration
	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 effect on the UK’s attractiveness to new crypto asset businesses of the delays to the crypto asset anti-money laundering / counter-terrorist financing registration regime by the Financial Conduct Authority.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	6235
	answer	answer is ministerial correction date of answer 28/05/2021 answer text <p>The UK is committed to having a robust AML regime for cryptoassets which will help to bolster confidence in the UK as a safe and reputable place to start and grow a cryptoasset business.</p><p>On 10 January 2020, the FCA became the anti-money laundering and counter terrorist financing (AML/CTF) supervisor for cryptoassets firms. Due to the complexity and standard of applications received, the FCA was not able to process and register all applications by the 10 January 2021 deadline. A significant number of firms have failed to implement appropriately robust AML control frameworks, and to employ fit and proper personnel.</p><p>On 16 December 2020 the FCA announced that it was establishing a ‘Temporary Registration Regime’, under which relevant firms are eligible to continue trading pending a decision. This is due to expire on 9 July 2021.</p><p>As of 24 May 2021, 5 cryptoasset businesses have received registration from the FCA since 10 January 2020. Of the firms assessed to date over 90% have withdrawn their application following FCA intervention. There are 167 cryptoasset businesses with outstanding applications for AML/CTF registration with the FCA. 77 new cryptoasset businesses have applications pending full assessment.</p><p> </p><p>On 7 January HM Treasury published a consultation on the broader regulatory treatment of cryptoassets, with a focus on cryptoassets known as stablecoins. It also included a call for evidence on the use of Distributed Ledger Technology (DLT) in financial markets. This consultation has now closed. The government is processing responses and will outline next steps in due course. Any future regulatory regime for cryptoassets  set out by the Government in light of this consultation will aim to balance the potential risk to consumers with the ambition to stimulate competition and innovation in the industry.</p><p> </p><p>HM Treasury officials are in regular contact with the FCA, as well as individual firms, industry groups and associations and consumer facing organisations to listen to their concerns on the full range of financial services related issues including cryptoassets.</p><p> </p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 6222 6223 6224 6225 6226 6227 6228 6229 6230 6231 6232 6233 6234 6236 question first answered 28/05/2021 07:49:31 answering member 4051 label Biography information for John Glen
	tabling member	1565 label Biography information for Sir Philip Davies

1327638

	registered interest
	date	24/05/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cryptoassets: Registration
	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 effect on the UK’s status as a FinTech hub of the delays to the crypto asset anti-money laundering / counter-terrorist financing registration regime by the Financial Conduct Authority.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	6234
	answer	answer is ministerial correction date of answer 28/05/2021 answer text <p>The UK is committed to having a robust AML regime for cryptoassets which will help to bolster confidence in the UK as a safe and reputable place to start and grow a cryptoasset business.</p><p>On 10 January 2020, the FCA became the anti-money laundering and counter terrorist financing (AML/CTF) supervisor for cryptoassets firms. Due to the complexity and standard of applications received, the FCA was not able to process and register all applications by the 10 January 2021 deadline. A significant number of firms have failed to implement appropriately robust AML control frameworks, and to employ fit and proper personnel.</p><p>On 16 December 2020 the FCA announced that it was establishing a ‘Temporary Registration Regime’, under which relevant firms are eligible to continue trading pending a decision. This is due to expire on 9 July 2021.</p><p>As of 24 May 2021, 5 cryptoasset businesses have received registration from the FCA since 10 January 2020. Of the firms assessed to date over 90% have withdrawn their application following FCA intervention. There are 167 cryptoasset businesses with outstanding applications for AML/CTF registration with the FCA. 77 new cryptoasset businesses have applications pending full assessment.</p><p> </p><p>On 7 January HM Treasury published a consultation on the broader regulatory treatment of cryptoassets, with a focus on cryptoassets known as stablecoins. It also included a call for evidence on the use of Distributed Ledger Technology (DLT) in financial markets. This consultation has now closed. The government is processing responses and will outline next steps in due course. Any future regulatory regime for cryptoassets  set out by the Government in light of this consultation will aim to balance the potential risk to consumers with the ambition to stimulate competition and innovation in the industry.</p><p> </p><p>HM Treasury officials are in regular contact with the FCA, as well as individual firms, industry groups and associations and consumer facing organisations to listen to their concerns on the full range of financial services related issues including cryptoassets.</p><p> </p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 6222 6223 6224 6225 6226 6227 6228 6229 6230 6231 6232 6233 6235 6236 question first answered 28/05/2021 07:49:31 answering member 4051 label Biography information for John Glen
	tabling member	1565 label Biography information for Sir Philip Davies