Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

1082115

registered interest
date	05/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Debt Collection: Corruption
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent steps he has taken to (a) reform and (b) tackle widespread corruption in the debt collection industry.
tabling member constituency	Crewe and Nantwich
tabling member printed	Laura Smith
uin	228671
answer	answer is ministerial correction date of answer 11/03/2019 answer text <p>The government transferred the regulation of debt collection industry acvtivity to the Financial Conduct Authority in 2014. FCA regulation of debt collection agencies (DCAs) provides strong protections for consumers.</p><p> </p><p>In particular, DCAs under FCA regulation have to comply with the FCA’s high-level principle to treat customers fairly, offer appropriate forbearance, and signpost individuals to free, impartial debt advice should a consumer be in default, or in arrears difficulty.</p> answering member constituency Salisbury answering member printed John Glen question first answered 11/03/2019 14:10:09 answering member 4051 label Biography information for John Glen
tabling member	4648 label Biography information for Laura Smith

1082205

registered interest
date	05/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Women in Finance Charter
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of widening the scope of the Women in Finance Charter to other sectors of the economy.
tabling member constituency	Aberdeen North
tabling member printed	Kirsty Blackman
uin	228702
answer	answer is ministerial correction date of answer 11/03/2019 answer text <p>It is the Government’s aspiration to see diversity across the UK economy. A diverse workforce is good for business – it is good for customers, for profitability and workplace culture.</p><p> </p><p>HM Treasury’s Women in Finance Charter reflects our ambition to see an improved gender balance in the financial services industry. So far, 300 financial services firms have signed the Charter, committing to implement strategic actions to improve their gender balance at a senior level.</p><p> </p><p>The AAT MP Survey Results positively highlights the need to take action to improve gender diversity across all sectors, as we work towards gender parity as a society.</p><p> </p><p>We recognise that there is still further work to be done to address the gender imbalance in the wider economy, and the need to adopt an industry-led approach so that new initiatives are tailored to the issues each sector is facing. We are pleased to have already seen other sectors take action to improve their gender balance and establish their own initiatives including the Women in Maritime Pledge (the forerunner to the Women in Maritime Charter), the Women in Aviation and Aerospace Charter and the Tech Talent Charter.</p><p> </p><p>We are supportive of this approach and encourage other sectors to consider what further action they can take to improve their gender balance. We will continue to focus on strengthening industry-led work in this area, and sharing knowledge and best practice across sectors, to maximise their impact on the wider economy.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 228703 228704 228705 question first answered 11/03/2019 14:03:17 answering member 4051 label Biography information for John Glen
tabling member	4357 label Biography information for Kirsty Blackman

1082206

registered interest
date	05/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Women in Finance Charter
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits of the conclusions of the AAT MP Survey Results, published on 21 January 2019, which found that 54 per cent of hon. Members would support changing the Women in Finance Charter to incorporate all sectors of the economy.
tabling member constituency	Aberdeen North
tabling member printed	Kirsty Blackman
uin	228703
answer	answer is ministerial correction date of answer 11/03/2019 answer text <p>It is the Government’s aspiration to see diversity across the UK economy. A diverse workforce is good for business – it is good for customers, for profitability and workplace culture.</p><p> </p><p>HM Treasury’s Women in Finance Charter reflects our ambition to see an improved gender balance in the financial services industry. So far, 300 financial services firms have signed the Charter, committing to implement strategic actions to improve their gender balance at a senior level.</p><p> </p><p>The AAT MP Survey Results positively highlights the need to take action to improve gender diversity across all sectors, as we work towards gender parity as a society.</p><p> </p><p>We recognise that there is still further work to be done to address the gender imbalance in the wider economy, and the need to adopt an industry-led approach so that new initiatives are tailored to the issues each sector is facing. We are pleased to have already seen other sectors take action to improve their gender balance and establish their own initiatives including the Women in Maritime Pledge (the forerunner to the Women in Maritime Charter), the Women in Aviation and Aerospace Charter and the Tech Talent Charter.</p><p> </p><p>We are supportive of this approach and encourage other sectors to consider what further action they can take to improve their gender balance. We will continue to focus on strengthening industry-led work in this area, and sharing knowledge and best practice across sectors, to maximise their impact on the wider economy.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 228702 228704 228705 question first answered 11/03/2019 14:03:17 answering member 4051 label Biography information for John Glen
tabling member	4357 label Biography information for Kirsty Blackman

1082207

registered interest
date	05/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Women in Finance Charter
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what discussions he has had with Cabinet colleagues on the widening of the Women in Finance Charter to cover other sectors of the economy.
tabling member constituency	Aberdeen North
tabling member printed	Kirsty Blackman
uin	228704
answer	answer is ministerial correction date of answer 11/03/2019 answer text <p>It is the Government’s aspiration to see diversity across the UK economy. A diverse workforce is good for business – it is good for customers, for profitability and workplace culture.</p><p> </p><p>HM Treasury’s Women in Finance Charter reflects our ambition to see an improved gender balance in the financial services industry. So far, 300 financial services firms have signed the Charter, committing to implement strategic actions to improve their gender balance at a senior level.</p><p> </p><p>The AAT MP Survey Results positively highlights the need to take action to improve gender diversity across all sectors, as we work towards gender parity as a society.</p><p> </p><p>We recognise that there is still further work to be done to address the gender imbalance in the wider economy, and the need to adopt an industry-led approach so that new initiatives are tailored to the issues each sector is facing. We are pleased to have already seen other sectors take action to improve their gender balance and establish their own initiatives including the Women in Maritime Pledge (the forerunner to the Women in Maritime Charter), the Women in Aviation and Aerospace Charter and the Tech Talent Charter.</p><p> </p><p>We are supportive of this approach and encourage other sectors to consider what further action they can take to improve their gender balance. We will continue to focus on strengthening industry-led work in this area, and sharing knowledge and best practice across sectors, to maximise their impact on the wider economy.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 228702 228703 228705 question first answered 11/03/2019 14:03:17 answering member 4051 label Biography information for John Glen
tabling member	4357 label Biography information for Kirsty Blackman

1082208

registered interest
date	05/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Women in Finance Charter
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will rename the Women in Finance Charter to reflect the contribution of women across the whole of the economy.
tabling member constituency	Aberdeen North
tabling member printed	Kirsty Blackman
uin	228705
answer	answer is ministerial correction date of answer 11/03/2019 answer text <p>It is the Government’s aspiration to see diversity across the UK economy. A diverse workforce is good for business – it is good for customers, for profitability and workplace culture.</p><p> </p><p>HM Treasury’s Women in Finance Charter reflects our ambition to see an improved gender balance in the financial services industry. So far, 300 financial services firms have signed the Charter, committing to implement strategic actions to improve their gender balance at a senior level.</p><p> </p><p>The AAT MP Survey Results positively highlights the need to take action to improve gender diversity across all sectors, as we work towards gender parity as a society.</p><p> </p><p>We recognise that there is still further work to be done to address the gender imbalance in the wider economy, and the need to adopt an industry-led approach so that new initiatives are tailored to the issues each sector is facing. We are pleased to have already seen other sectors take action to improve their gender balance and establish their own initiatives including the Women in Maritime Pledge (the forerunner to the Women in Maritime Charter), the Women in Aviation and Aerospace Charter and the Tech Talent Charter.</p><p> </p><p>We are supportive of this approach and encourage other sectors to consider what further action they can take to improve their gender balance. We will continue to focus on strengthening industry-led work in this area, and sharing knowledge and best practice across sectors, to maximise their impact on the wider economy.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 228702 228703 228704 question first answered 11/03/2019 14:03:17 answering member 4051 label Biography information for John Glen
tabling member	4357 label Biography information for Kirsty Blackman

1082272

registered interest
date	05/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Individual Savings Accounts
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many people have invested in an Innovative Finance ISA; and what assessment he has made of the level of uptake of that ISA.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	228624
answer	answer is ministerial correction date of answer 11/03/2019 answer text According to HMRC statistics, 31,000 innovative finance ISA accounts were subscribed to during the 2017-18 tax year.<p> </p>The Innovative Finance ISA increases the investment options available to investors and forms part of the wider ISA family. An attractive market for peer to peer lending within ISA already exists, with sufficient providers offering a product which meets the needs of lenders and investors. answering member constituency Salisbury answering member printed John Glen question first answered 11/03/2019 14:11:56 answering member 4051 label Biography information for John Glen
tabling member	1586 label Biography information for Adam Afriyie

1081866

registered interest
date	04/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Banks: Closures
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will make an assessment of the effect of recent bank branch closures on (a) rural and suburban communities and (b) the community of Sheffield Hallam constituency.
tabling member constituency	Sheffield, Hallam
tabling member printed	Jared O'Mara
uin	228131
answer	answer is ministerial correction date of answer 11/03/2019 answer text <p>The Treasury does not make assessments of the bank branch network. The decision to close a branch is a commercial issue for the management team of the bank. However, Government believes it is important the impact on communities must be understood, considered and mitigated where possible.</p><p> </p><p>The Financial Conduct Authority undertook an analysis of branch closures as part of their Strategic Review of Retail Banking Business Models. This analysis can be found in Annex 1 of the final report (https://www.fca.org.uk/publication/multi-firm-reviews/strategic-review-retail-banking-business-models-final-report.pdf)</p> answering member constituency Salisbury answering member printed John Glen question first answered 11/03/2019 13:46:52 answering member 4051 label Biography information for John Glen
tabling member	4661 label Biography information for Jared O'Mara

1081915

registered interest
date	04/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Conduct Authority
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he plans to increase the accountability of the Financial Conduct Authority; and if he will make a statement.
tabling member constituency	Banff and Buchan
tabling member printed	David Duguid
uin	228163
answer	answer is ministerial correction date of answer 11/03/2019 answer text <p>The Government has taken steps to make the Financial Conduct Authority (FCA) accountable to HM Treasury, Parliament and the public.</p><p> </p><p>For example, under the Financial Services Act 2012, the FCA is required to produce annual reports and accounts which are laid before Parliament. It is subject to a full audit by the National Audit Office, which has the ability to launch VFM studies on the FCA. Both the FCA CEO and Chair have regular meetings with the Treasury Select Committee.</p><p> </p><p>HM Treasury has the power to direct the FCA to investigate and report on possible regulatory failure. HM Treasury also makes appointments to the FCA Board (including the CEO and Chair). The Government has also legislated to create a single complaints scheme with an independent Complaints Commissioner responsible for investigating complaints against the financial regulators, including the FCA. FCA rules are subject to judicial review and the Upper Tribunal can also review the merits of certain firm specific decisions.</p><p> </p><p>The Government believes that the existing accountability mechanisms are appropriate.</p> answering member constituency Salisbury answering member printed John Glen question first answered 11/03/2019 13:44:25 answering member 4051 label Biography information for John Glen
tabling member	4606 label Biography information for David Duguid

1081916

registered interest
date	04/03/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Conduct Authority
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what his Department's policy is on the statutory immunity of the Financial Conduct Authority in cases where it is found to have acted negligently.
tabling member constituency	Banff and Buchan
tabling member printed	David Duguid
uin	228164
answer	answer is ministerial correction date of answer 11/03/2019 answer text <p>The Financial Services and Markets Act 2000 (FSMA) provides the Financial Conduct Authority (FCA) with immunity from liability in damages, including damages arising as a result of negligence. It is important, however, to bear in mind that this statutory immunity does not confer immunity from (i) claims that property rights protected by Article 1 Protocol 1 of the Human Rights Act 1998 have been unlawfully interfered with, or (ii) claims for judicial review of the FCA's actions.</p><p> </p><p>The statutory immunity of the FCA is important in enabling it to take a robust approach to regulation. This immunity allows the FCA to focus its resources on pursuing its objectives without the distraction of claims that may frustrate these efforts, or the risk that firms can delay supervisory interventions through vexatious litigation.</p><p> </p><p>The FCA’s statutory immunity is held to account by an Independent Complaints Commissioner who can consider complaints about the way the FCA has carried out, or failed to carry out, its role. The Commissioner has powers to recommend the payment of compensation and to require the FCA to publish its response to the recommendation, for example where it decides not to pay compensation.</p> answering member constituency Salisbury answering member printed John Glen question first answered 11/03/2019 13:41:27 answering member 4051 label Biography information for John Glen
tabling member	4606 label Biography information for David Duguid