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1141934
star this property registered interest false more like this
star this property date less than 2019-07-24more like thismore than 2019-07-24
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 Banks: Loans more like this
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 whether they or the Prudential Regulation Authority monitor loans by smaller banks to related parties; and what assessment, if any, they have made of how Wyelands Bank complies in this respect with regulatory limits. more like this
star this property tabling member printed
Lord Myners remove filter
unstar this property uin HL17478 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 2019-08-06more like thismore than 2019-08-06
star this property answer text This is a matter for the Prudential Regulation Authority (PRA), which is operationally independent from Government. The question has been passed on to the PRA. The PRA will reply directly to Lord Myners by letter. A copy of the letter will be placed in the Library of the House. more like this
unstar this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2019-08-06T13:37:27.17Zmore like thismore than 2019-08-06T13:37:27.17Z
unstar this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners more like this
1203103
star this property registered interest false more like this
star this property date less than 2020-06-11more like thismore than 2020-06-11
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 Stamp Duties more like this
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 Her Majesty's Government what plans they have, if any, to assess the economic impact of stamp duty on the residential property market, including the impact on (1) construction, (2) home repairs, (3) consumer expenditure, and (4) inter-generational wealth distribution. more like this
star this property tabling member printed
Lord Myners remove filter
unstar this property uin HL5612 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 2020-06-22more like thismore than 2020-06-22
star this property answer text The Treasury continually monitors the residential property market and Stamp Duty Land Tax (SDLT) returns, and HMRC publish quarterly SDLT statistics. The Government keeps all tax policy, including SDLT, under review. more like this
unstar this property answering member printed Lord Agnew of Oulton more like this
star this property question first answered
less than 2020-06-22T13:09:05.047Zmore like thismore than 2020-06-22T13:09:05.047Z
unstar this property answering member
4689
star this property label Biography information for Lord Agnew of Oulton more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners more like this
1233135
star this property registered interest false more like this
star this property date less than 2020-09-09more like thismore than 2020-09-09
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 Business: Government Assistance more like this
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 assessment they have made of whether the publication of the names of borrowers under various financial support arrangements established by the Government would facilitate the identification of funding provided to businesses controlled by unidentifiable owners in tax havens or controlled by directors previously convicted of fraud. more like this
star this property tabling member printed
Lord Myners remove filter
unstar this property uin HL7978 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 2020-09-23more like thismore than 2020-09-23
star this property answer text The Government has focused efforts on getting support to those who need it in a fast, fair and transparent manner, with data on loan applications and volume and value of loans approved under the loan guarantee schemes published regularly on Gov.UK.<p> </p><p>It would be disproportionate for the Government to publish details of each individual recipient of those loans and grant payments.</p><p> </p><p>Furthermore, the Government have been clear that the loans must be repaid, and banks are undertaking appropriate precautions against fraud, including customer checks and the monitoring of transactions. Any fraudulent applications can be criminally prosecuted.</p><p> </p> more like this
unstar this property answering member printed Lord Agnew of Oulton more like this
star this property question first answered
less than 2020-09-23T12:59:24.96Zmore like thismore than 2020-09-23T12:59:24.96Z
unstar this property answering member
4689
star this property label Biography information for Lord Agnew of Oulton more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners more like this
1216529
star this property registered interest false more like this
star this property date less than 2020-06-22more like thismore than 2020-06-22
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 GAM Greensill Supply Chain Finance Fund more like this
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 whether they will investigate conflicts of interest in the promotion of trade finance bonds in association with Greensill. more like this
star this property tabling member printed
Lord Myners remove filter
unstar this property uin HL6017 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 2020-07-06more like thismore than 2020-07-06
star this property answer text The Financial Conduct Authority (FCA) is the conduct regulator for the financial services industry in the UK. The FCA will not normally make public the fact that it is or is not investigating a particular matter, in order to protect the effectiveness of any investigation it carries out. The FCA has been made aware of this Parliamentary Question. more like this
unstar this property answering member printed Lord Agnew of Oulton more like this
star this property question first answered
less than 2020-07-06T11:17:18.703Zmore like thismore than 2020-07-06T11:17:18.703Z
unstar this property answering member
4689
star this property label Biography information for Lord Agnew of Oulton more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners more like this
1310796
star this property registered interest false more like this
star this property date less than 2021-04-20more like thismore than 2021-04-20
star this property answering body
Foreign, Commonwealth and Development Office more like this
star this property answering dept id 208 more like this
star this property answering dept short name Foreign, Commonwealth and Development Office more like this
star this property answering dept sort name Foreign, Commonwealth and Development Office more like this
star this property hansard heading David Cameron more like this
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 whether Rt Hon David Cameron stayed at any British Embassies, Consulates or Residencies since he joined Greensill Capital as an adviser in August 2018; if so, whether any of those stays were in (1) France, (2) Germany, (3) Saudi Arabia, or (4) the United States; and whether during any of those stays (1) Mr Lex Greensill, or (2) Mr Bill Crothers, were present at the same time. more like this
star this property tabling member printed
Lord Myners remove filter
unstar this property uin HL15112 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 2021-04-29more like thismore than 2021-04-29
star this property answer text It has not proved possible to respond to this question in the time available before Prorogation. The Minister will write directly to the Member with a response shortly. more like this
unstar this property answering member printed Lord Ahmad of Wimbledon more like this
star this property question first answered
less than 2021-04-29T13:03:27.673Zmore like thismore than 2021-04-29T13:03:27.673Z
unstar this property answering member
4210
star this property label Biography information for Lord Ahmad of Wimbledon more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners more like this
1311241
star this property registered interest false more like this
star this property date less than 2021-04-21more like thismore than 2021-04-21
star this property answering body
Foreign, Commonwealth and Development Office more like this
star this property answering dept id 208 more like this
star this property answering dept short name Foreign, Commonwealth and Development Office more like this
star this property answering dept sort name Foreign, Commonwealth and Development Office more like this
star this property hansard heading David Cameron more like this
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 on how many occasions since September 2016 did Rt Hon David Cameron take overnight accommodation at (1) UK Embassies, (2) UK Consulates, or (3) UK Residencies; and whether, on any of these occasions, accommodation was also provided to (a) Lex Greensill, or (b) any associate of Greensill Capital. more like this
star this property tabling member printed
Lord Myners remove filter
unstar this property uin HL15168 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 2021-04-29more like thismore than 2021-04-29
star this property answer text It has not proved possible to respond to this question in the time available before Prorogation. The Minister will write directly to the Member with a response shortly. more like this
unstar this property answering member printed Lord Ahmad of Wimbledon more like this
star this property question first answered
less than 2021-04-29T13:04:58.25Zmore like thismore than 2021-04-29T13:04:58.25Z
unstar this property answering member
4210
star this property label Biography information for Lord Ahmad of Wimbledon more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners more like this
1178151
star this property registered interest false more like this
star this property date less than 2020-02-12more like thismore than 2020-02-12
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 Nickel: Commodity Markets more like this
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 whether they, or the Financial Conduct Authority, intend to investigate the nickel market on the London Metal Exchange for (1) possible market manipulation, or (2) failure to comply with market disclosure requirements. more like this
star this property tabling member printed
Lord Myners remove filter
unstar this property uin HL1606 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 2020-02-25more like thismore than 2020-02-25
star this property answer text I am unable to go into detail regarding individual cases. Investigations into alleged market abuse are the purview of the FCA, who I understand are aware of these allegations.<p> </p>The Government takes any attempt at market abuse extremely seriously and is committed to ensuring that financial markets are sound and transparent. The Market Abuse Regulation (MAR) strengthens the previous UK market abuse framework by extending its scope to new markets, new platforms and new behaviours. It contains prohibitions of insider dealing, unlawful disclosure of inside information and market manipulation, provisions to prevent and detect these acts, and powers to take enforcement action against those who do. I am confident that under MAR we have robust systems and controls in place to preserve market integrity and protect investors. more like this
unstar this property answering member printed Lord Agnew of Oulton more like this
star this property question first answered
less than 2020-02-25T14:29:49.563Zmore like thismore than 2020-02-25T14:29:49.563Z
unstar this property answering member
4689
star this property label Biography information for Lord Agnew of Oulton more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners more like this
1315023
star this property registered interest false more like this
star this property date less than 2021-05-17more like thismore than 2021-05-17
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 Covid Corporate Financing Facility more like this
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 whether will release the proposal sent by the Treasury to supply chain financiers to be incorporated in the Covid Corporate Financing Facility fund, as referred to by Rt Hon David Cameron in evidence to the House of Commons Treasury Select Committee on 13 May. more like this
star this property tabling member printed
Lord Myners remove filter
unstar this property uin HL293 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 2021-05-27more like thismore than 2021-05-27
star this property answer text HM Treasury has provided both the call for evidence document which it circulated seeking views on a potential adjustment to the CCFF for supply chain finance and the feedback statement provided after the consultation closed to the Treasury Committee, and they have been published here:<p> </p><p><a href="https://committees.parliament.uk/publications/5758/documents/66074/default/" target="_blank">https://committees.parliament.uk/publications/5758/documents/66074/default/</a></p> more like this
unstar this property answering member printed Lord Agnew of Oulton more like this
star this property question first answered
less than 2021-05-27T15:02:39.943Zmore like thismore than 2021-05-27T15:02:39.943Z
unstar this property answering member
4689
star this property label Biography information for Lord Agnew of Oulton more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners more like this
1141550
star this property registered interest false more like this
star this property date less than 2019-07-23more like thismore than 2019-07-23
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 Financial Conduct Authority more like this
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 tests they apply to determine whether an investigation into the Financial Conduct Authority (FCA) meets the standard required to be described as independent of the FCA; and what assessment they have made of whether FCA employees acting for an investigation compromises its independence. more like this
star this property tabling member printed
Lord Myners remove filter
unstar this property uin HL17418 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 2019-08-06more like thismore than 2019-08-06
star this property answer text <p>Where such investigations are conducted, HM Treasury take steps to ensure their independence which is crucial to the integrity of their conclusions. For example, in the recent case of the events surrounding the failure of London Capital &amp; Finance plc (LCF), and following a request from the Financial Conduct Authority (FCA), the Economic Secretary to the Treasury required that an independent investigation be carried out under powers in section 77 of the Financial Services Act 2012.</p><p> </p><p>The Economic Secretary approved the appointment of Dame Elizabeth Gloster, an experienced QC and Judge at the High Court and Court of Appeal, to lead it. Prior to this approval, potential conflicts of interest were investigated and HM Treasury is satisfied that Dame Elizabeth is independent from the FCA, HM Treasury and the companies and individuals associated with LCF’s failure.</p><p> </p><p>Under the terms of the Economic Secretary’s Direction to the FCA, Dame Elizabeth has the discretion to appoint a team which is entirely independent of the FCA. A process is now underway to appoint an independent legal team to support Dame Elizabeth in her investigation. The FCA is also under a duty to facilitate the disclosure to Dame Elizabeth any information that she deems relevant to the scope of her investigation. Should Dame Elizabeth wish to raise any matters directly to HM Treasury, she can do so at any time, under the terms of the Direction, via an interim report.</p>
unstar this property answering member printed Lord Young of Cookham more like this
star this property question first answered
less than 2019-08-06T13:32:53.057Zmore like thismore than 2019-08-06T13:32:53.057Z
unstar this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners more like this
1205031
star this property registered interest false more like this
star this property date less than 2020-06-17more like thismore than 2020-06-17
star this property answering body
Ministry of Housing, Communities and Local Government more like this
star this property answering dept id 7 more like this
star this property answering dept short name Housing, Communities and Local Government more like this
star this property answering dept sort name Housing, Communities and Local Government more like this
star this property hansard heading Local Government Finance more like this
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 assessment they have made of the effect of any fall in the value of retail properties on the finances of local authorities which have borrowed money from the Treasury and government agencies to acquire investment properties outside the geographical limits of the relevant authorities; and what assessment they have made of whether losses that might arise as a result will affect government funding to such authorities. more like this
star this property tabling member printed
Lord Myners remove filter
unstar this property uin HL5872 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 2020-07-01more like thismore than 2020-07-01
star this property answer text <p>When local authorities borrow and invest, they must have regard to the Prudential Framework, to ensure that the capital investment plans are affordable, prudent and sustainable. The Department's statutory investment guidance forms part of this Framework, and it makes clear that authorities should include mitigating actions in their investment strategies if there is a risk that asset values will not be sufficient to cover losses to the capital invested.</p><p>The Department does not collect data on the regional holdings of local authority owned investment properties. However, throughout this period we have continued to work with local government to ensure we have a collective understanding of the pressures councils are facing, including losses from commercial sources. The Department is working on a comprehensive plan to ensure councils' financial sustainability over the financial year ahead.</p> more like this
unstar this property answering member printed Lord Greenhalgh more like this
star this property question first answered
less than 2020-07-01T13:09:34.98Zmore like thismore than 2020-07-01T13:09:34.98Z
unstar this property answering member
4877
star this property label Biography information for Lord Greenhalgh more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners more like this