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785828
star this property registered interest false more like this
star this property date less than 2017-11-07more like thismore than 2017-11-07
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
unstar this property answering dept sort name CaTreasury more like this
star this property hansard heading Occupational Pensions: 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 whether they are planning to ensure that workers earning below £11,500 a year who are automatically enrolled into Net Pay Schemes are able to obtain the tax relief they are due; if so, how; and if not, whether they intend to introduce alternative measures to ensure that either (1) the employer, or (2) the pension provider, compensates such low earners for the money they lose out on. more like this
star this property tabling member printed
Baroness Altmann more like this
star this property uin HL2976 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer remove filter
unstar this property answer text <p>The Government recognises the different impacts on workers earning below the personal allowance. However, it has not been possible to identify any straightforward or proportionate means to align the effects of the net pay and relief at source mechanisms more closely for this population.</p><p> </p><p>Workplace pension schemes are chosen by employers and the Pensions Regulator provides guidance on this in relation to automatic enrolment. The guidance covers the choice between net pay and relief at source schemes, and the implications of net pay schemes for employees who do not pay tax. It also says that some schemes that use the net pay arrangement may have lower charges than schemes that operate relief at source.</p> more like this
star this property answering member printed Lord Bates remove filter
star this property question first answered
less than 2017-11-21T14:17:57.693Zmore like thismore than 2017-11-21T14:17:57.693Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
4533
unstar this property label Biography information for Baroness Altmann more like this
788894
star this property registered interest false more like this
star this property date less than 2017-11-14more like thismore than 2017-11-14
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
unstar this property answering dept sort name CaTreasury more like this
star this property hansard heading 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 plans they have to examine (1) the regulatory framework for digital currencies, and (2) the policies of the UK banking sector towards the providers of digital currencies and their employees. more like this
star this property tabling member printed
Lord Harris of Haringey more like this
star this property uin HL3203 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer remove filter
unstar this property answer text <p>The Government keeps all policy under review. The Government is currently negotiating amendments to the 4th Anti-Money Laundering Directive that we expect to bring virtual currency exchange platforms and custodian wallet providers into the scope of Anti-Money Laundering and Counter-Terrorist Financing regulation. This will require such firms to conduct due diligence upon their customers, with their activities being overseen by national competent authorities for these areas. The government supports the intention behind these amendments. We expect these negotiations to conclude at EU level in late 2017/early 2018. The stance of individual firms towards providers of digital currencies is a commercial decision for those firms, and it would not be appropriate for the Government to intervene.</p><p> </p><p>Last month, the Financial Conduct Authority issued a consumer warning about the risks of Initial Coin Offerings (ICOs). It advised consumers to be conscious of the risks involved (including the possible lack of regulation and investor protection, price volatility and potential for fraud) and to fully research the project before investing. The Financial Conduct Authority (FCA) also noted that whether an ICO falls within the FCA’s regulatory boundaries or not can only be decided case by case.</p><p> </p><p> </p>
star this property answering member printed Lord Bates remove filter
star this property question first answered
less than 2017-11-21T14:19:03.673Zmore like thismore than 2017-11-21T14:19:03.673Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
2671
unstar this property label Biography information for Lord Harris of Haringey more like this
788895
star this property registered interest false more like this
star this property date less than 2017-11-14more like thismore than 2017-11-14
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
unstar this property answering dept sort name CaTreasury more like this
star this property hansard heading 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 plans they have to make running a virtual digital currency exchange a supervised business. more like this
star this property tabling member printed
Lord Harris of Haringey more like this
star this property uin HL3204 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer remove filter
unstar this property answer text <p>The Government is currently negotiating amendments to the 4th Anti-Money Laundering Directive that we expect to bring virtual currency exchange platforms and custodian wallet providers into the scope of Anti-Money Laundering and Counter-Terrorist Financing regulation. This will require such firms to conduct due diligence upon their customers, with their activities being overseen by national competent authorities for these areas. The government supports the intention behind these amendments. We expect these negotiations to conclude at EU level in late 2017/early 2018.</p> more like this
star this property answering member printed Lord Bates remove filter
star this property question first answered
less than 2017-11-21T14:19:44.567Zmore like thismore than 2017-11-21T14:19:44.567Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
2671
unstar this property label Biography information for Lord Harris of Haringey more like this
788312
star this property registered interest false more like this
star this property date less than 2017-11-13more like thismore than 2017-11-13
star this property answering body
Department for International Development more like this
star this property answering dept id 20 more like this
star this property answering dept short name International Development more like this
unstar this property answering dept sort name International Development more like this
star this property hansard heading Syria: Humanitarian Aid 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 whether they are making use of UN Security Council Resolution 2165 to deliver (1) medical and other aid, and (2) necessary reconstruction goods, to the cantons of Jazira and Kobane in north-east Syria; and if not, why not. more like this
star this property tabling member printed
Lord Hylton more like this
star this property uin HL3104 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer remove filter
unstar this property answer text <p>DFID is delivering medical and other aid to north-east Syria, including Jazira and Kobane, from Damascus and cross border from Iraq. We recently announced a further £10 million to meet the needs of those displaced by conflict in Raqqa and Deir ez-Zor, many of whom have fled to Kobane and Jazira.</p><p>The UK will not provide any support for reconstruction in Syria until a comprehensive, genuine and inclusive political transition is firmly underway.</p> more like this
star this property answering member printed Lord Bates remove filter
star this property question first answered
less than 2017-11-21T13:39:13.847Zmore like thismore than 2017-11-21T13:39:13.847Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
2018
unstar this property label Biography information for Lord Hylton more like this