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1130447
star this property human indexable true remove filter
star this property published true more like this
star this property registered interest false more like this
star this property answer date less than 2019-06-10more like thismore than 2019-06-10
star this property date less than 2019-06-06more like thismore than 2019-06-06
star this property date tabled less than 2019-06-06more like thismore than 2019-06-06
unstar this property ddp created less than 2019-06-06T16:59:01.330Zmore like thismore than 2019-06-06T16:59:01.330Z
star this property answering body
Department for International Trade more like this
star this property question status Tabled more like this
star this property answering dept id 202 more like this
unstar this property answering dept short name International Trade more like this
star this property answering dept sort name International Trade more like this
star this property ddp modified
less than 2019-06-10T19:15:06.237Zmore like thismore than 2019-06-10T19:15:06.237Z
less than 2019-06-14T13:47:03.189Zmore like thismore than 2019-06-14T13:47:03.189Z
star this property hansard heading Financial Services: Foreign Investment in UK remove filter
star this property house id 1 more like this
star this property identifier 261177 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property parliament number 57 more like this
star this property question first answered
less than 2019-06-14T13:15:37.327Zmore like thismore than 2019-06-14T13:15:37.327Z
star this property question text To ask the Secretary of State for International Trade, what assessment he has made of recent trends of the level of foreign direct investment into the UK FinTech industry in the (a) 2017-18 and (b) 2016-17 financial years. more like this
star this property session
2017/19 more like this
star this property session number 1 more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property title House of Commons Tabled Parliamentary Question 2017/19 261177 more like this
star this property type
WrittenParliamentaryQuestion
star this property uin 261177 more like this
star this property version 2 more like this
star this property written parliamentary question type Ordinary more like this
star this property answer
answer
unstar this property answer text <p>The information regarding FDI is not held centrally and could only be obtained at disproportionate cost.</p><p> </p><p>Last year British FinTech’s attracted more venture capital funding than any other European country once again totalling $1.73 billion across 261 deals.</p> more like this
star this property creator
1586
star this property label Biography information for Adam Afriyie more like this
star this property publisher
25259
star this property pref label House of Commons more like this
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this
1712656
star this property human indexable true remove filter
star this property published true more like this
star this property registered interest false more like this
star this property answer date less than 2024-05-07more like thismore than 2024-05-07
star this property date less than 2024-04-22more like thismore than 2024-04-22
star this property date tabled less than 2024-04-22more like thismore than 2024-04-22
unstar this property ddp created less than 2024-04-22T22:08:03.777Zmore like thismore than 2024-04-22T22:08:03.777Z
star this property answering body
Treasury more like this
star this property question status Tabled more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property ddp modified
less than 2024-04-22T22:16:41.606Zmore like thismore than 2024-04-22T22:16:41.606Z
less than 2024-05-02T12:09:11.789Zmore like thismore than 2024-05-02T12:09:11.789Z
star this property hansard heading Financial Services: Foreign Investment in UK remove filter
star this property house id 2 more like this
star this property identifier HL4017 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property parliament number 58 more like this
star this property question first answered
less than 2024-05-02T11:28:09.49Zmore like thismore than 2024-05-02T11:28:09.49Z
star this property question text To ask His Majesty's Government what assessment they have made of the impact of the delay of the Overseas Funds Regime on the UK's attractiveness to overseas asset managers; and what steps they are taking to mitigate any negative effects. more like this
star this property session
2023/24 more like this
star this property session number 4 more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property title House of Lords Tabled Parliamentary Question 2023/24 HL4017 more like this
star this property type
WrittenParliamentaryQuestion
star this property uin HL4017 more like this
star this property version 1 more like this
star this property written parliamentary question type Ordinary more like this
star this property answer
answer
unstar this property answer text <p>The UK’s world-leading asset management sector is the second largest by assets under management, 48% of which are managed on behalf of overseas investors.</p><p> </p><p>The Overseas Funds Regime was legislated for in the Financial Services Act 2021, to create a more streamlined process for overseas investment funds to be sold to UK investors.</p><p> </p><p>On 30<sup>th</sup> January, the Economic Secretary to the Treasury announced that the Government had found the states in the European Economic Area, including the EU member states, equivalent under the Overseas Funds Regime, in respect of certain retail funds. This followed a detailed assessment of the states’ regulatory regimes.</p><p> </p><p>HM Treasury and the Financial Conduct Authority (FCA) jointly published a roadmap to equivalence on the 1<sup>st</sup> of May setting out the key milestones to implement this decision.</p><p> </p><p>Alongside this, the FCA published detailed guidance setting out that funds in scope of the OFR – but without temporary marketing access – will be able to apply to the FCA for recognition from September 2024. The FCA intends to invite funds with temporary marketing access to apply for recognition in tranches between October 2024 and September 2026.</p>
star this property creator
1796
star this property label Biography information for Lord Taylor of Warwick more like this
star this property publisher
25277
star this property pref label House of Lords more like this
star this property tabling member
1796
unstar this property label Biography information for Lord Taylor of Warwick more like this