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926847
unstar this property registered interest false more like this
star this property date less than 2018-06-19more like thismore than 2018-06-19
star this property answering body
Treasury more like this
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 Customs more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of Exchequer, whether his Department has made an assessment of the effect of its fulfilment of the Public Sector Equality Duty on potential new customs arrangements. more like this
star this property tabling member constituency Oxford East more like this
star this property tabling member printed
Anneliese Dodds more like this
unstar this property uin 155385 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 2018-06-27more like thismore than 2018-06-27
star this property answer text <p>The government has set out two options for the UK’s future customs relationship with the EU: a ‘new customs partnership’ and a ‘highly streamlined customs arrangement.’</p><p> </p><p>The exact details of our future customs arrangements are subject to negotiation. The government has confirmed that Parliament will be presented with the appropriate analysis to make an informed decision when the meaningful vote on the final deal takes place.</p><p> </p><p>When determining policy, the government carefully considers the impact of its decisions on those sharing protected characteristics in line with both its legal obligations and with its strong commitment to promoting fairness.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-06-27T09:10:52.733Zmore like thismore than 2018-06-27T09:10:52.733Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
4657
star this property label Biography information for Anneliese Dodds more like this
810704
unstar this property registered interest false more like this
star this property date less than 2017-12-21more like thismore than 2017-12-21
star this property answering body
HM Treasury more like this
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 CaTreasury more like this
star this property hansard heading Royal Bank of Scotland more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, Energy and Industrial Strategy, when his Department was first made aware of plans by the Royal Bank of Scotland to close 259 of its branches. more like this
star this property tabling member constituency Ross, Skye and Lochaber more like this
star this property tabling member printed
Ian Blackford more like this
unstar this property uin 121049 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 2018-01-12more like thismore than 2018-01-12
star this property answer text <p>Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors, including RBS, as part of the process of policy development and delivery. Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel</p><p>The decision to open or close branches is a commercial matter, in which the Government does not intervene.</p><p>RBS Group retains its own board which is responsible for commercial and operational decisions, including in relation to its branch network. The Government’s shareholding in RBS Group is managed at arm's length and on a commercial basis through UK Financial Investments Ltd, a company which is wholly owned by the Government.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-01-12T12:44:21.417Zmore like thismore than 2018-01-12T12:44:21.417Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
4390
star this property label Biography information for Ian Blackford more like this
917165
unstar this property registered interest false more like this
star this property date less than 2018-06-06more like thismore than 2018-06-06
star this property answering body
Treasury more like this
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 Life Insurance more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, Energy and Industrial Strategy, whether he has held recent discussions with the insurance industry on consumer rights relating to life insurance products; and if he will make a statement. more like this
star this property tabling member constituency Denton and Reddish more like this
star this property tabling member printed
Andrew Gwynne more like this
unstar this property uin 149633 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 2018-06-12more like thismore than 2018-06-12
star this property answer text <p>The government remains in regular discussion with the insurance industry, the Financial Conduct Authority (FCA) and other interested parties on the functioning of the insurance industry in the UK.</p><p> </p><p>The government is focused on ensuring that everyone has access to suitable insurance products.</p><p> </p><p>The Financial Conduct Authority (FCA) is directly responsible for regulating and supervising the financial services industry, including insurance firms. It sets the conduct standards required of insurers, which aim to ensure that consumers are treated fairly and can access appropriate insurance products.</p><p> </p><p> </p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-06-12T14:07:03.097Zmore like thismore than 2018-06-12T14:07:03.097Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
1506
star this property label Biography information for Andrew Gwynne more like this
820896
unstar this property registered interest false more like this
star this property date less than 2018-01-11more like thismore than 2018-01-11
star this property answering body
HM Treasury more like this
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 CaTreasury more like this
star this property hansard heading Debt Respite Scheme more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, by what date the Government plans to introduce a statutory breathing space scheme for household debt. more like this
star this property tabling member constituency Bootle more like this
star this property tabling member printed
Peter Dowd more like this
unstar this property uin 122314 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 2018-01-19more like thismore than 2018-01-19
star this property answer text <p>The Government has set out a clear timeline for the next stages of implementing a statutory breathing space scheme.</p><p>A Call for Evidence on the scheme closed on 16th January, and officials are now working on the development of the policy. The Government will consult on a single policy proposal in the middle of this year.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-01-19T10:32:21.953Zmore like thismore than 2018-01-19T10:32:21.953Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
4397
star this property label Biography information for Peter Dowd more like this
917576
unstar this property registered interest false more like this
star this property date less than 2018-06-05more like thismore than 2018-06-05
star this property answering body
Treasury more like this
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 Royal Bank of Scotland more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, for what reason a 10 pence discount on the market closing price was offered to institutional investors purchasing RBS shares from UK Government Investments on 4 June 2018. more like this
star this property tabling member constituency Stalybridge and Hyde more like this
star this property tabling member printed
Jonathan Reynolds more like this
unstar this property uin 150096 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 2018-06-13more like thismore than 2018-06-13
star this property answer text <p>The Government’s shareholding in the Royal Bank of Scotland (RBS) is managed at arm's length and on a commercial basis through UK Government Investments Ltd (UKGI), a company which is wholly owned by the Government, with the objective of creating and protecting value for the taxpayer.</p><p> </p><p>On 5 June 2018 the Government concluded a second sale of its shareholding in RBS, restarting the phased return of the bank to full private ownership. The Government sold approximately 7.7% of the bank (925m shares) through an overnight accelerated bookbuild (ABB) process, raising just over £2.5bn for the taxpayer (at a price of 271p per share). This reduced the government shareholding to 62.4% (from 70.1% pre-sale).</p><p> </p><p>UKGI advised that an ABB would be the most appropriate method for restarting the RBS sale programme. It is usual market practice for ABB sales to price at a small discount to the closing market price. This is necessary to enable the sale of a large number of shares in a single transaction, with recent discounts on large ABBs ranging between 2% and 6%. The Government takes account of this discount when considering the value for money of a transaction, given it is a usual feature in such large transactions.</p><p> </p>
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-06-13T13:02:32.35Zmore like thismore than 2018-06-13T13:02:32.35Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
4119
star this property label Biography information for Jonathan Reynolds more like this
820844
unstar this property registered interest false more like this
star this property date less than 2018-01-11more like thismore than 2018-01-11
star this property answering body
HM Treasury more like this
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 CaTreasury more like this
star this property hansard heading Insurance: Equality more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, how he plans to enact the principle of equal treatment between men and women in the access to and supply of goods and services in respect of insurance services. more like this
star this property tabling member constituency East Londonderry more like this
star this property tabling member printed
Mr Gregory Campbell more like this
unstar this property uin 122262 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 2018-01-16more like thismore than 2018-01-16
star this property answer text <p>The government believes that it is important that consumers have access to suitable insurance products at the right price.</p><p> </p><p>Although various factors can impact on availability, pricing and terms of insurance policies, the Equality Act 2010 (Amendment) Regulations 2012 state that insurers cannot price risk on the grounds of gender alone.</p><p> </p><p>The Financial Conduct Authority (FCA) is responsible for regulating and supervising the financial services industry, including insurance firms. The FCA continues to actively investigate issues surrounding access to financial services. It recently opened its ‘future approach to consumers’ consultation paper, which includes a focus on understanding access to and exclusion from financial services.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-01-16T16:47:34.58Zmore like thismore than 2018-01-16T16:47:34.58Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
1409
star this property label Biography information for Mr Gregory Campbell more like this
819988
unstar this property registered interest false more like this
star this property date less than 2018-01-10more like thismore than 2018-01-10
star this property answering body
HM Treasury more like this
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 CaTreasury more like this
star this property hansard heading Arron Banks more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, how he plans to ensure the information sharing gateway between the Financial Conduct Authority (FCA) and the Electoral Commission will allow the FCA to share information on the Commission's investigation into Mr Arron Banks. more like this
star this property tabling member constituency Birmingham, Hodge Hill more like this
star this property tabling member printed
Liam Byrne more like this
unstar this property uin 122060 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 2018-01-15more like thismore than 2018-01-15
star this property answer text <p>The Electoral Commission’s investigation into Mr Arron Banks is a matter for the Commission.</p><p> </p><p>I would expect the Financial Conduct Authority (FCA) to provide relevant assistance to the Commission with their investigation, considering restrictions on confidential information imposed by financial services legislation, and whether the issue falls within the FCA’s jurisdiction.</p><p> </p><p>The Financial Services and Markets Act 2000 and the Financial Services (Banking Reform) Act 2013 impose clear confidentiality restrictions to encourage the free-flow of information. Any uncertainty about the disclosure of confidential information by the regulators might lead to the regulators’ sources (including regulated firms) being less willing to provide this information.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2018-01-15T15:53:52.87Zmore like thismore than 2018-01-15T15:53:52.87Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
1171
star this property label Biography information for Liam Byrne more like this
927957
unstar this property registered interest false more like this
star this property date less than 2018-06-20more like thismore than 2018-06-20
star this property answering body
Treasury more like this
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 Bank Services: Misconduct more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, how many (a) individuals and (b) organisations have been charged with misconduct since the publication in September 2016 of the Financial Conduct Authority's report, RBS's treatment of SME customers referred to its Global Restructuring Group. more like this
star this property tabling member constituency Hayes and Harlington more like this
star this property tabling member printed
John McDonnell more like this
unstar this property uin 155655 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 2018-06-28more like thismore than 2018-06-28
star this property answer text <p>This is a matter for the operationally independent Financial Conduct Authority (FCA).</p><p> </p><p>The FCA continues to conduct an ongoing investigation into Royal Bank of Scotland’s Global Restructuring Group, focusing on whether there is any basis for enforcement action.</p><p> </p><p>The details of FCA enforcement actions are published on its website.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property grouped question UIN 155654 more like this
star this property question first answered
less than 2018-06-28T15:24:26.45Zmore like thismore than 2018-06-28T15:24:26.45Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
178
star this property label Biography information for John McDonnell more like this
927975
unstar this property registered interest false more like this
star this property date less than 2018-06-20more like thismore than 2018-06-20
star this property answering body
Treasury more like this
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 EURIBOR: Fraud more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, how many (a) individuals and (b) organisations have been charged with rigging EURIBOR since 2010; and what the outcome was of those charges. more like this
star this property tabling member constituency Hayes and Harlington more like this
star this property tabling member printed
John McDonnell more like this
unstar this property uin 155657 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 2018-06-28more like thismore than 2018-06-28
star this property answer text <p>The Serious Fraud Office began an investigation into the manipulation of interbank lending rates in 2012.</p><p> </p><p>In relation to EURIBOR, 11 individuals have been charged, five of whom are currently at trial. One defendant has pleaded guilty to the charges. There are currently European Arrest Warrants issued in respect of the remaining five suspects.</p><p> </p><p>In relation to LIBOR, 13 individuals have had criminal proceedings brought against them. Four trials have concluded, which includes a retrial. These trials have resulted in five convictions and eight acquittals.</p><p> </p><p>No organisation has been charged as part of the SFO investigations, but the FCA have fined seven banks a total of over £757m for LIBOR and EURIBOR related misconduct. There have also been enforcement proceedings in other jurisdictions.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property grouped question UIN 155656 more like this
star this property question first answered
less than 2018-06-28T15:21:45.22Zmore like thismore than 2018-06-28T15:21:45.22Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
178
star this property label Biography information for John McDonnell more like this
927974
unstar this property registered interest false more like this
star this property date less than 2018-06-20more like thismore than 2018-06-20
star this property answering body
Treasury more like this
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 LIBOR: Fraud more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, how many (a) individuals and (b) organisations have been charged with rigging LIBOR since 2010; and what the outcome was of those charges. more like this
star this property tabling member constituency Hayes and Harlington more like this
star this property tabling member printed
John McDonnell more like this
unstar this property uin 155656 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 2018-06-28more like thismore than 2018-06-28
star this property answer text <p>The Serious Fraud Office began an investigation into the manipulation of interbank lending rates in 2012.</p><p> </p><p>In relation to EURIBOR, 11 individuals have been charged, five of whom are currently at trial. One defendant has pleaded guilty to the charges. There are currently European Arrest Warrants issued in respect of the remaining five suspects.</p><p> </p><p>In relation to LIBOR, 13 individuals have had criminal proceedings brought against them. Four trials have concluded, which includes a retrial. These trials have resulted in five convictions and eight acquittals.</p><p> </p><p>No organisation has been charged as part of the SFO investigations, but the FCA have fined seven banks a total of over £757m for LIBOR and EURIBOR related misconduct. There have also been enforcement proceedings in other jurisdictions.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property grouped question UIN 155657 more like this
star this property question first answered
less than 2018-06-28T15:21:45.14Zmore like thismore than 2018-06-28T15:21:45.14Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
178
star this property label Biography information for John McDonnell more like this