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1130449
star this property registered interest false more like this
star this property date less than 2019-06-06more like thismore than 2019-06-06
star this property answering body
Treasury more like this
unstar 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: Standards more like this
unstar 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 key performance indicators his Department uses to assess the performance of Open Banking; and what recent assessment he has made of the performance of Open Banking. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie remove filter
star this property uin 261179 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
star this property answer text <p>The independent Open Banking Implementation Entity (OBIE) is responsible for assessing the performance of Open Banking, and HM Treasury’s view is informed by their assessment.</p><p> </p><p>The OBIE’s latest published assessment of Open Banking performance, made in March 2019, shows that in that month the average availability of Open Banking APIs was 97%, the average response time was 798 milliseconds, and that 38.2 million successful API calls had been made, representing over 97% of the total number of calls made to APIs.</p> more like this
unstar 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 2019-06-13T13:36:10.54Zmore like thismore than 2019-06-13T13:36:10.54Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1586
star this property label Biography information for Adam Afriyie more like this
1130450
star this property registered interest false more like this
star this property date less than 2019-06-06more like thismore than 2019-06-06
star this property answering body
Treasury more like this
unstar 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 Cryptocurrencies more like this
unstar 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 recent assessment the Government has made of the potential merits of cryptocurrencies as a means of payment. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie remove filter
star this property uin 261180 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
star this property answer text The Government established the Cryptoassets Taskforce – comprised of HM Treasury, the Financial Conduct Authority and the Bank of England – in 2018 to explore the risks and potential benefits of cryptoassets and the underlying distributed ledger technology (DLT). The Taskforce’s final report<sup><sup>[1]</sup></sup> concluded that benefits associated with the use of cryptoassets may arise in the future, but that the most immediate priorities for the authorities are to mitigate the risks posed by cryptoassets to consumers and markets, and to prevent the use of cryptoassets for illicit activity. As part of this, the Government will consult on its approach to cryptoassets this year. In addition, the authorities continue to encourage the responsible development of legitimate DLT and cryptoasset-related activity in the UK.<p> </p><p>[1] Full version of the report is available at: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf</a></p>
unstar 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 2019-06-13T13:40:32.78Zmore like thismore than 2019-06-13T13:40:32.78Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1586
star this property label Biography information for Adam Afriyie more like this
1130452
star this property registered interest false more like this
star this property date less than 2019-06-06more like thismore than 2019-06-06
star this property answering body
Cabinet Office more like this
unstar this property answering dept id 53 more like this
star this property answering dept short name Cabinet Office more like this
star this property answering dept sort name Cabinet Office more like this
star this property hansard heading Distributed Ledger Technology more like this
unstar 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 Minister for the Cabinet Office, what assessment he has made of the potential merits of using distributed ledger technology across the public sector. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie remove filter
star this property uin 261182 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
star this property answer text <p>The Government Digital Service undertook a landscape review of technology innovation, including distributed ledger technology across government in August 2018. Additionally the recently launched Government Technology Innovation Strategy provides recent examples of distributed ledger technology within government and will provide a building block for departments to harness the opportunity presented by emerging technologies.</p> more like this
unstar this property answering member constituency Hertsmere more like this
star this property answering member printed Oliver Dowden more like this
star this property question first answered
less than 2019-06-13T13:04:46.05Zmore like thismore than 2019-06-13T13:04:46.05Z
star this property answering member
4441
star this property label Biography information for Oliver Dowden more like this
star this property tabling member
1586
star this property label Biography information for Adam Afriyie more like this