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1130450
star this property registered interest false more like this
unstar this property date less than 2019-06-06more like thismore than 2019-06-06
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 Cryptocurrencies remove filter
star this property house id 1 more like this
star this property legislature
25259
unstar 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 more like this
star this property uin 261180 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-06-13more like thismore than 2019-06-13
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>
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 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
unstar this property label Biography information for Adam Afriyie more like this
1149423
star this property registered interest false more like this
unstar this property date less than 2019-10-15more like thismore than 2019-10-15
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 Cryptocurrencies remove filter
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, how many formal complaints the Financial Conduct Authority has received from consumers in relation to the (a) sale and (b) distribution of Exchange Traded Notes that reference cryptoassets. more like this
star this property tabling member constituency Shipley more like this
star this property tabling member printed
Philip Davies more like this
star this property uin 488 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-10-21more like thismore than 2019-10-21
star this property answer text <p>This is a matter for the Financial Conduct Authority (FCA), which is independent of government. The question has been passed to the FCA.</p><p>The FCA will reply directly to Philip Davies MP by letter. A copy of the letter will be placed in the Library of the House.</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 grouped question UIN
490 more like this
496 more like this
497 more like this
498 more like this
500 more like this
948 more like this
star this property question first answered
less than 2019-10-21T15:14:18.757Zmore like thismore than 2019-10-21T15:14:18.757Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1149424
star this property registered interest false more like this
unstar this property date less than 2019-10-15more like thismore than 2019-10-15
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 Cryptocurrencies remove filter
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, how many formal complaints from consumers the Financial Ombudsman Service has (a) received and (b) upheld in relation to the (i) sale and (ii) distribution of Exchange Traded Notes that reference cryptoassets. more like this
star this property tabling member constituency Shipley more like this
star this property tabling member printed
Philip Davies more like this
star this property uin 489 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-10-21more like thismore than 2019-10-21
star this property answer text <p>This is a matter for the Financial Ombudsman Service (FOS), which is independent of government. The question has been passed to the FOS.The FOS will reply directly to Philip Davies MP by letter. A copy of the letter will be placed in the Library of the House.</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 2019-10-21T14:58:55.68Zmore like thismore than 2019-10-21T14:58:55.68Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1149425
star this property registered interest false more like this
unstar this property date less than 2019-10-15more like thismore than 2019-10-15
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 Cryptocurrencies remove filter
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, how many consultation responses the Financial Conduct Authority has received in opposition to the proposals in the consultation entitled, CP19/22 prohibiting the sale to retail clients of investment products that reference cryptoassets. more like this
star this property tabling member constituency Shipley more like this
star this property tabling member printed
Philip Davies more like this
star this property uin 490 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-10-21more like thismore than 2019-10-21
star this property answer text <p>This is a matter for the Financial Conduct Authority (FCA), which is independent of government. The question has been passed to the FCA.</p><p>The FCA will reply directly to Philip Davies MP by letter. A copy of the letter will be placed in the Library of the House.</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 grouped question UIN
488 more like this
496 more like this
497 more like this
498 more like this
500 more like this
948 more like this
star this property question first answered
less than 2019-10-21T15:14:18.803Zmore like thismore than 2019-10-21T15:14:18.803Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1149426
star this property registered interest false more like this
unstar this property date less than 2019-10-15more like thismore than 2019-10-15
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 Cryptocurrencies remove filter
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment he has made of the effect of the Financial Conduct Authority’s proposed ban of cryptoasset investment products for retail investors on (a) Revolut and (b) other challenger banks that offer products linked to cryptoassets. more like this
star this property tabling member constituency Shipley more like this
star this property tabling member printed
Philip Davies more like this
star this property uin 491 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-10-21more like thismore than 2019-10-21
star this property answer text <p>The Financial Conduct Authority (FCA) made a commitment to consult on the potential prohibition of the sale to retail consumers of derivatives referencing certain types of cryptoassets in the final report of the Cryptoasset Taskforce, comprised of HM Treasury, the Bank of England and the Financial Conduct Authority, in October 2018.</p><p> </p><p>The final decision on this consultation is a matter for the Financial Conduct Authority (FCA), which is operationally independent from government.</p><p> </p><p>The government continues to endorse the approach set out in that the Cryptoasset Taskforce report as the right way to facilitate innovation while protecting consumers and firms.</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 grouped question UIN
494 more like this
499 more like this
star this property question first answered
less than 2019-10-21T15:19:06.033Zmore like thismore than 2019-10-21T15:19:06.033Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1149429
star this property registered interest false more like this
unstar this property date less than 2019-10-15more like thismore than 2019-10-15
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 Cryptocurrencies remove filter
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment he has made of the effect on the UK’s status as a FinTech hub of the proposals by the Financial Conduct Authority to ban the sale of cryptoasset investment products for retail investors. more like this
star this property tabling member constituency Shipley more like this
star this property tabling member printed
Philip Davies more like this
star this property uin 494 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-10-21more like thismore than 2019-10-21
star this property answer text <p>The Financial Conduct Authority (FCA) made a commitment to consult on the potential prohibition of the sale to retail consumers of derivatives referencing certain types of cryptoassets in the final report of the Cryptoasset Taskforce, comprised of HM Treasury, the Bank of England and the Financial Conduct Authority, in October 2018.</p><p> </p><p>The final decision on this consultation is a matter for the Financial Conduct Authority (FCA), which is operationally independent from government.</p><p> </p><p>The government continues to endorse the approach set out in that the Cryptoasset Taskforce report as the right way to facilitate innovation while protecting consumers and firms.</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 grouped question UIN
491 more like this
499 more like this
star this property question first answered
less than 2019-10-21T15:19:06.08Zmore like thismore than 2019-10-21T15:19:06.08Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1149431
star this property registered interest false more like this
unstar this property date less than 2019-10-15more like thismore than 2019-10-15
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 Cryptocurrencies remove filter
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what estimate he has made of the number of companies in the Financial Conduct Authority’s (FCA) Regulatory Sandbox that would be affected by the FCA’s proposed ban on the sale to retail clients of investment products that reference cryptoassets. more like this
star this property tabling member constituency Shipley more like this
star this property tabling member printed
Philip Davies more like this
star this property uin 496 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-10-21more like thismore than 2019-10-21
star this property answer text <p>This is a matter for the Financial Conduct Authority (FCA), which is independent of government. The question has been passed to the FCA.</p><p>The FCA will reply directly to Philip Davies MP by letter. A copy of the letter will be placed in the Library of the House.</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 grouped question UIN
488 more like this
490 more like this
497 more like this
498 more like this
500 more like this
948 more like this
star this property question first answered
less than 2019-10-21T15:14:18.883Zmore like thismore than 2019-10-21T15:14:18.883Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1149432
star this property registered interest false more like this
unstar this property date less than 2019-10-15more like thismore than 2019-10-15
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 Cryptocurrencies remove filter
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what the evidential basis was for the Financial Conduct Authority statement in its consultation that Exchange Traded Notes that reference cryptoassets present risks to investors that are similar to Contract for Difference products which reference cryptoassets. more like this
star this property tabling member constituency Shipley more like this
star this property tabling member printed
Philip Davies more like this
star this property uin 497 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-10-21more like thismore than 2019-10-21
star this property answer text <p>This is a matter for the Financial Conduct Authority (FCA), which is independent of government. The question has been passed to the FCA.</p><p>The FCA will reply directly to Philip Davies MP by letter. A copy of the letter will be placed in the Library of the House.</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 grouped question UIN
488 more like this
490 more like this
496 more like this
498 more like this
500 more like this
948 more like this
star this property question first answered
less than 2019-10-21T15:14:18.677Zmore like thismore than 2019-10-21T15:14:18.677Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1149433
star this property registered interest false more like this
unstar this property date less than 2019-10-15more like thismore than 2019-10-15
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 Cryptocurrencies remove filter
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, for what reason the Financial Conduct Authority's cost benefit analysis in its consultation entitled CP19/22: Restricting the sale to retail clients of investment products that reference cryptoassets did not include the benefits of Exchange Traded Notes that reference cryptoassets. more like this
star this property tabling member constituency Shipley more like this
star this property tabling member printed
Philip Davies more like this
star this property uin 498 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-10-21more like thismore than 2019-10-21
star this property answer text <p>This is a matter for the Financial Conduct Authority (FCA), which is independent of government. The question has been passed to the FCA.</p><p>The FCA will reply directly to Philip Davies MP by letter. A copy of the letter will be placed in the Library of the House.</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 grouped question UIN
488 more like this
490 more like this
496 more like this
497 more like this
500 more like this
948 more like this
star this property question first answered
less than 2019-10-21T15:14:18.943Zmore like thismore than 2019-10-21T15:14:18.943Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this
1149435
star this property registered interest false more like this
unstar this property date less than 2019-10-15more like thismore than 2019-10-15
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 Cryptocurrencies remove filter
star this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment he has made of the Financial Conduct Authority’s compliance with (a) section 138I of the Financial Services and Markets Act 2000 and (b) the powers under Article 42 of the Markets in Financial Instruments Regulation in relation to the proposed ban on the sale to retail clients of investment products that reference cryptoassets. more like this
star this property tabling member constituency Shipley more like this
star this property tabling member printed
Philip Davies more like this
star this property uin 499 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-10-21more like thismore than 2019-10-21
star this property answer text <p>The Financial Conduct Authority (FCA) made a commitment to consult on the potential prohibition of the sale to retail consumers of derivatives referencing certain types of cryptoassets in the final report of the Cryptoasset Taskforce, comprised of HM Treasury, the Bank of England and the Financial Conduct Authority, in October 2018.</p><p> </p><p>The final decision on this consultation is a matter for the Financial Conduct Authority (FCA), which is operationally independent from government.</p><p> </p><p>The government continues to endorse the approach set out in that the Cryptoasset Taskforce report as the right way to facilitate innovation while protecting consumers and firms.</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 grouped question UIN
491 more like this
494 more like this
star this property question first answered
less than 2019-10-21T15:19:06.143Zmore like thismore than 2019-10-21T15:19:06.143Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
1565
unstar this property label Biography information for Philip Davies more like this