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1064678

	registered interest
	date	21/02/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Asset Protection Agency
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will publish the (a) focused assets covered under the Asset Protection Agency and (b) focused assets underwritten by the Asset Protection Agency that were transferred to West Register between 2009 and 2012.
	tabling member constituency	East Lothian
	tabling member printed	Martin Whitfield
	uin	224359
	answer	answer is ministerial correction date of answer 26/02/2019 answer text <p>The Asset Protection Agency (APA) was set up in 2009 to manage the Asset Protection Scheme (APS), with the objective of maintaining financial stability and protecting taxpayers’ interests by helping participating banks manage their exposure to high-risk assets.</p><p> </p><p>The 2009-10 APA Annual Reports and Accounts state that the APS initially provided protection on £282bn worth of assets on the consolidated balance sheet of the Royal Bank of Scotland Group plc. The detail of these assets is commercially sensitive. The Annual Report can be found here: <a href="https://webarchive.nationalarchives.gov.uk/20130129110533/http:/www.hm-treasury.gov.uk/apa.htm" target="_blank">https://webarchive.nationalarchives.gov.uk/20130129110533/http://www.hm-treasury.gov.uk/apa.htm</a></p><p> </p><p>To develop a more streamlined and better focused monitoring process for these assets, in 2011 and 2012 the APA stopped reviewing certain low risk assets and instead focused on a number of larger, high risk assets, known as the “Focus List”. Further information on the make-up of the Focus List can be found at <a href="http://data.parliament.uk/DepositedPapers/Files/DEP2012-0368/DEP2012-0368.pdf" target="_blank">http://data.parliament.uk/DepositedPapers/Files/DEP2012-0368/DEP2012-0368.pdf</a> and at <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/229293/0120.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/229293/0120.pdf</a>.</p><p> </p><p>Further detail on the assets underwritten by the APA, including the assets that were transferred to West Register, an RBS subsidiary, between 2009 and 2012, is commercially sensitive information in relation to RBS’ customers.</p> answering member constituency Salisbury answering member printed John Glen question first answered 26/02/2019 15:44:57 answering member 4051 label Biography information for John Glen
	tabling member	4626 label Biography information for Martin Whitfield

1064735

	registered interest
	date	21/02/2019
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Children: Maintenance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Work and Pensions, for what reason (a) child maintenance payments are allocated first to (i) enforcement charges and (ii) debt and then to children and (b) there is no provision to retrieve payments which have been allocated incorrectly by the system or manually.
	tabling member constituency	East Lothian
	tabling member printed	Martin Whitfield
	uin	224360
	answer	answer is ministerial correction date of answer 26/02/2019 answer text <p>(a)The Child Maintenance Service (CMS) does not prioritise the collection of enforcement charges over on-going maintenance and arrears. Only when all the money due to children, along with any associated collection fees, has been collected, will the CMS collect the remaining charges associated with the case, including enforcement charges. The only exception would be where an enforcement charge forms part of a liability order, which would be collected alongside the other debt associated with that order.</p><p>(b)The system does have the Manual Allocation capability, which enables a caseworker to allocate money received across any outstanding liability on a case</p><p> </p> answering member constituency North Swindon answering member printed Justin Tomlinson question first answered 26/02/2019 10:41:24 answering member 4105 label Biography information for Justin Tomlinson
	tabling member	4626 label Biography information for Martin Whitfield