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164234
star this property registered interest false more like this
unstar this property date less than 2014-11-21more like thismore than 2014-11-21
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 Treasury remove filter
star this property hansard heading Financial Services: ICT remove filter
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 representations they are making to the financial services industry to ensure that the information technology infrastructure is fit for purpose. more like this
star this property tabling member printed
Lord Kennedy of Southwark more like this
star this property uin HL3064 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 2014-12-05more like thismore than 2014-12-05
star this property answer text <p><strong>Responsibility for information technology infrastructure in the UK finance sector is primarily for the firms themselves. The Financial Authorities have a role to play in supporting, coordinating and driving change to improve the operational resilience of the sector.</strong><strong> </strong></p><p> </p><p><strong> </strong></p><p> </p><p><strong>In addition to on-going supervisory oversight of technology risk within firms by the Authorities, the Financial Conduct Authority (FCA) and Prudential Regulatory Authority (PRA) jointly launched, in October 2014, a review of firms’ critical infrastructure and technology resilience. The review </strong><strong>focuses on the most significant UK retail deposit-taking organisations and is expected to conclude in mid-2015.</strong> <strong> </strong></p><p> </p><p><strong> </strong></p><p> </p><p><strong> </strong></p><p> </p><p><strong> </strong></p><p> </p> more like this
star this property answering member printed Lord Deighton more like this
star this property question first answered
less than 2014-12-05T14:59:57.813Zmore like thismore than 2014-12-05T14:59:57.813Z
star this property answering member
4262
star this property label Biography information for Lord Deighton more like this
unstar this property tabling member
4153
unstar this property label Biography information for Lord Kennedy of Southwark more like this
1077349
star this property registered interest false more like this
unstar this property date less than 2019-02-25more like thismore than 2019-02-25
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 remove filter
star this property hansard heading Financial Services: ICT remove filter
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 the Chancellor of the Exchequer, what discussions his Department has had with the banking sector on facilitating electronic cashless payments on mobile devices. more like this
star this property tabling member constituency Boston and Skegness more like this
star this property tabling member printed
Matt Warman more like this
star this property uin 225523 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 2019-02-28more like thismore than 2019-02-28
star this property answer text <p>The Government supports digital payment methods, including contactless mobile payments, which offer consumers and businesses convenient, tailored, and flexible ways of making purchases. Last year, we published a Call for Evidence on cash and digital payments in the new economy. This sought to, amongst other things, explore how the Government can continue to support digital payments. The Government will respond to the Call for Evidence in due course.</p><p> </p><p>Regarding specific discussions, Treasury Ministers and Officials have meetings with a wide variety of organisations in the public and private sectors 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: <a href="https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel" target="_blank">https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel</a>.</p>
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property grouped question UIN 225524 more like this
star this property question first answered
less than 2019-02-28T16:27:48.313Zmore like thismore than 2019-02-28T16:27:48.313Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
unstar this property tabling member
4361
unstar this property label Biography information for Matt Warman more like this
1077350
star this property registered interest false more like this
unstar this property date less than 2019-02-25more like thismore than 2019-02-25
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 remove filter
star this property hansard heading Financial Services: ICT remove filter
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 the Chancellor of the Exchequer, what discussions his Department has had with representatives of the Royal Bank of Scotland on removing barriers for customers using electronic cashless payment methods on mobile phones. more like this
star this property tabling member constituency Boston and Skegness more like this
star this property tabling member printed
Matt Warman more like this
star this property uin 225524 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 2019-02-28more like thismore than 2019-02-28
star this property answer text <p>The Government supports digital payment methods, including contactless mobile payments, which offer consumers and businesses convenient, tailored, and flexible ways of making purchases. Last year, we published a Call for Evidence on cash and digital payments in the new economy. This sought to, amongst other things, explore how the Government can continue to support digital payments. The Government will respond to the Call for Evidence in due course.</p><p> </p><p>Regarding specific discussions, Treasury Ministers and Officials have meetings with a wide variety of organisations in the public and private sectors 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: <a href="https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel" target="_blank">https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel</a>.</p>
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property grouped question UIN 225523 more like this
star this property question first answered
less than 2019-02-28T16:27:48.36Zmore like thismore than 2019-02-28T16:27:48.36Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
unstar this property tabling member
4361
unstar this property label Biography information for Matt Warman more like this
934126
star this property registered interest false more like this
unstar this property date less than 2018-07-03more like thismore than 2018-07-03
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 remove filter
star this property hansard heading Financial Services: ICT remove filter
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, whether his Department has made an assessment of the effect of the increasing use of and reliance on electronic cashless payments on people (a) with protected characteristics and (b) on low incomes; and if he will make a statement. more like this
star this property tabling member constituency Norwich South more like this
star this property tabling member printed
Clive Lewis more like this
star this property uin 160327 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 2018-07-06more like thismore than 2018-07-06
star this property answer text <p>While the Government has not made the described assessment, the Government does recognise that people are increasingly moving away from cash and that the growth in the use of digital payments has been rapid.</p><p> </p><p>Cash continues to be important, especially for the more vulnerable members of society and the elderly, and for the day-to-day lives of many consumers and businesses in the UK.</p><p> </p><p>The Government therefore wants to make sure that our economy is fit for the future and keeps pace with changes in the ways that people manage their finances whilst also ensuring that the public’s legitimate cash needs continue to be met.</p><p> </p><p>In Spring, the Government launched a call for evidence on cash and digital payments in the new economy. It sought information on how the shift from cash to digital payments impacts on different sectors, different regions and different demographics. The Government will respond to the call for evidence in due course.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
less than 2018-07-06T13:31:30.833Zmore like thismore than 2018-07-06T13:31:30.833Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
unstar this property tabling member
4500
unstar this property label Biography information for Clive Lewis more like this
384346
star this property registered interest false more like this
unstar this property date less than 2015-06-19more like thismore than 2015-06-19
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 Treasury remove filter
star this property hansard heading Financial Services: ICT remove filter
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, what assessment he has made of the (a) age and (b) reliability of the nation's financial services' IT systems and risks represented to the nation's critical infrastructure. more like this
star this property tabling member constituency Newcastle upon Tyne Central more like this
star this property tabling member printed
Chi Onwurah more like this
star this property uin 3352 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 2015-06-24more like thismore than 2015-06-24
star this property answer text <p>Responsibility for information technology infrastructure in the UK financial sector is primarily for the firms themselves. However, the Financial Authorities have a role to play in supervising, coordinating and driving change to improve the operational resilience of the sector.</p><p> </p><p> </p><p> </p><p>The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) jointly launched, in October 2014, a review of firms’ critical infrastructure and technology resilience. The review focuses on the most significant UK retail deposit-taking organisations and is expected to conclude later this summer. The results will not be published but the FCA and PRA will provide feedback to the firms individually on their findings and any follow-up actions.</p><p> </p><p> </p><p> </p><p>The risk of a bank experiencing severe and prolonged technical problems affecting its core infrastructure is included as an example of technical failure in the 2015 edition of the National Risk Register of Civil Emergencies published by the Cabinet Office and available at: <a href="https://www.gov.uk/government/publications/national-risk-register-for-civil-emergencies-2015-edition" target="_blank">https://www.gov.uk/government/publications/national-risk-register-for-civil-emergencies-2015-edition</a>.</p><p> </p><p> </p><p> </p>
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property grouped question UIN
3333 more like this
3344 more like this
star this property question first answered
less than 2015-06-24T16:58:42.587Zmore like thismore than 2015-06-24T16:58:42.587Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin more like this
unstar this property tabling member
4124
unstar this property label Biography information for Chi Onwurah more like this
384347
star this property registered interest false more like this
unstar this property date less than 2015-06-19more like thismore than 2015-06-19
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 Treasury remove filter
star this property hansard heading Financial Services: ICT remove filter
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, whether the state of the financial service sector's IT systems is recorded on any risk register. more like this
star this property tabling member constituency Newcastle upon Tyne Central more like this
star this property tabling member printed
Chi Onwurah more like this
star this property uin 3344 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 2015-06-24more like thismore than 2015-06-24
star this property answer text <p>Responsibility for information technology infrastructure in the UK financial sector is primarily for the firms themselves. However, the Financial Authorities have a role to play in supervising, coordinating and driving change to improve the operational resilience of the sector.</p><p> </p><p> </p><p> </p><p>The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) jointly launched, in October 2014, a review of firms’ critical infrastructure and technology resilience. The review focuses on the most significant UK retail deposit-taking organisations and is expected to conclude later this summer. The results will not be published but the FCA and PRA will provide feedback to the firms individually on their findings and any follow-up actions.</p><p> </p><p> </p><p> </p><p>The risk of a bank experiencing severe and prolonged technical problems affecting its core infrastructure is included as an example of technical failure in the 2015 edition of the National Risk Register of Civil Emergencies published by the Cabinet Office and available at: <a href="https://www.gov.uk/government/publications/national-risk-register-for-civil-emergencies-2015-edition" target="_blank">https://www.gov.uk/government/publications/national-risk-register-for-civil-emergencies-2015-edition</a>.</p><p> </p><p> </p><p> </p>
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property grouped question UIN
3333 more like this
3352 more like this
star this property question first answered
less than 2015-06-24T16:58:42.823Zmore like thismore than 2015-06-24T16:58:42.823Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin more like this
unstar this property tabling member
4124
unstar this property label Biography information for Chi Onwurah more like this
384348
star this property registered interest false more like this
unstar this property date less than 2015-06-19more like thismore than 2015-06-19
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 Treasury remove filter
star this property hansard heading Financial Services: ICT remove filter
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, what discussions he has had with the financial industry on the state of the financial services sector's IT systems. more like this
star this property tabling member constituency Newcastle upon Tyne Central more like this
star this property tabling member printed
Chi Onwurah more like this
star this property uin 3333 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 2015-06-24more like thismore than 2015-06-24
star this property answer text <p>Responsibility for information technology infrastructure in the UK financial sector is primarily for the firms themselves. However, the Financial Authorities have a role to play in supervising, coordinating and driving change to improve the operational resilience of the sector.</p><p> </p><p> </p><p> </p><p>The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) jointly launched, in October 2014, a review of firms’ critical infrastructure and technology resilience. The review focuses on the most significant UK retail deposit-taking organisations and is expected to conclude later this summer. The results will not be published but the FCA and PRA will provide feedback to the firms individually on their findings and any follow-up actions.</p><p> </p><p> </p><p> </p><p>The risk of a bank experiencing severe and prolonged technical problems affecting its core infrastructure is included as an example of technical failure in the 2015 edition of the National Risk Register of Civil Emergencies published by the Cabinet Office and available at: <a href="https://www.gov.uk/government/publications/national-risk-register-for-civil-emergencies-2015-edition" target="_blank">https://www.gov.uk/government/publications/national-risk-register-for-civil-emergencies-2015-edition</a>.</p><p> </p><p> </p><p> </p>
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property grouped question UIN
3344 more like this
3352 more like this
star this property question first answered
less than 2015-06-24T16:58:42.727Zmore like thismore than 2015-06-24T16:58:42.727Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin more like this
unstar this property tabling member
4124
unstar this property label Biography information for Chi Onwurah more like this
384637
star this property registered interest false more like this
unstar this property date less than 2015-06-22more like thismore than 2015-06-22
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 Treasury remove filter
star this property hansard heading Financial Services: ICT remove filter
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, what discussions his Department has had with the Financial Conduct Authority on the assessment of the resilience of financial IT systems as part of critical national infrastructure. more like this
star this property tabling member constituency Newcastle upon Tyne Central more like this
star this property tabling member printed
Chi Onwurah more like this
star this property uin 3607 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 2015-06-25more like thismore than 2015-06-25
star this property answer text <p>Responsibility for information technology infrastructure in the UK financial sector is primarily for the firms themselves. However, the Financial Authorities have a role to play in supervising, coordinating and driving change to improve the operational resilience of the sector.</p><p> </p><p> </p><p> </p><p>The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) jointly launched, in October 2014, a review of firms’ critical infrastructure and technology resilience. The review focuses on the most significant UK retail deposit-taking organisations and is expected to conclude later this summer. The results will not be published but the FCA and PRA will provide feedback to the firms individually on their findings and any follow-up actions.</p><p> </p><p> </p><p> </p><p>The risk of a bank experiencing severe and prolonged technical problems affecting its core infrastructure is included as an example of technical failure in the 2015 edition of the National Risk Register of Civil Emergencies published by the Cabinet Office and available at: <a href="https://www.gov.uk/government/publications/national-risk-register-for-civil-emergencies-2015-edition" target="_blank">https://www.gov.uk/government/publications/national-risk-register-for-civil-emergencies-2015-edition</a>.</p><p> </p><p> </p><p> </p>
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property grouped question UIN
3608 more like this
3609 more like this
star this property question first answered
less than 2015-06-25T16:23:16.95Zmore like thismore than 2015-06-25T16:23:16.95Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin more like this
unstar this property tabling member
4124
unstar this property label Biography information for Chi Onwurah more like this
384639
star this property registered interest false more like this
unstar this property date less than 2015-06-22more like thismore than 2015-06-22
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 Treasury remove filter
star this property hansard heading Financial Services: ICT remove filter
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, what (a) fiscal and (b) other incentives are in place for financial services companies to update their IT systems as part of improving the resilience of critical national infrastructure. more like this
star this property tabling member constituency Newcastle upon Tyne Central more like this
star this property tabling member printed
Chi Onwurah more like this
star this property uin 3609 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 2015-06-25more like thismore than 2015-06-25
star this property answer text <p>Responsibility for information technology infrastructure in the UK financial sector is primarily for the firms themselves. However, the Financial Authorities have a role to play in supervising, coordinating and driving change to improve the operational resilience of the sector.</p><p> </p><p> </p><p> </p><p>The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) jointly launched, in October 2014, a review of firms’ critical infrastructure and technology resilience. The review focuses on the most significant UK retail deposit-taking organisations and is expected to conclude later this summer. The results will not be published but the FCA and PRA will provide feedback to the firms individually on their findings and any follow-up actions.</p><p> </p><p> </p><p> </p><p>The risk of a bank experiencing severe and prolonged technical problems affecting its core infrastructure is included as an example of technical failure in the 2015 edition of the National Risk Register of Civil Emergencies published by the Cabinet Office and available at: <a href="https://www.gov.uk/government/publications/national-risk-register-for-civil-emergencies-2015-edition" target="_blank">https://www.gov.uk/government/publications/national-risk-register-for-civil-emergencies-2015-edition</a>.</p><p> </p><p> </p><p> </p>
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property grouped question UIN
3607 more like this
3608 more like this
star this property question first answered
less than 2015-06-25T16:23:16.857Zmore like thismore than 2015-06-25T16:23:16.857Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin more like this
unstar this property tabling member
4124
unstar this property label Biography information for Chi Onwurah more like this