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93056

registered interest
date	13/10/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	RBS Capital Resolution
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps he has taken to ensure that businesses in the RBS Capital Resolution bank are restored to the good bank within RBS.
tabling member constituency	Liverpool, Walton
tabling member printed	Steve Rotheram
uin	210142
answer	answer is ministerial correction date of answer 16/10/2014 answer text <p>In November 2013, RBS established RBS Capital Resolution (RCR), an internal bad bank, in order to separate and wind down RBS’s poorly-performing and high-risk assets. RBS transferred £38 billion of ‘high-risk’ legacy assets to RCR. RCR is managed separately from the main bank, and the aim is to wind down these assets in full within three years. As a result, there is not any intention to transfer additional assets in or out of RCR.</p><p> </p><p>Further details on the operations, objectives and composition of loans in RCR can be found in the Government’s Bad Bank Review available at:</p><p> </p><p>https://www.gov.uk/government/publications/rbs-and-the-case-for-a-bad-bank-the-governments-review</p><p> </p><p>RBS also produces detailed reporting updates on the progress of RCR alongside its financial results, which are available on the RBS website.</p><p> </p><p> </p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom grouped question UIN 210140 210141 question first answered 16/10/2014 13:43:01 answering member 4117 label Biography information for Andrea Leadsom
tabling member	4035 label Biography information for Steve Rotheram

91903

registered interest
date	26/09/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Public Sector Debt: UN Resolutions
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, for what reasons the UK voted against UN General Assembly Resolution A/68/L.57/Rev. 1, Towards the establishment of a multilateral legal framework for sovereign debt restructuring processes.
tabling member constituency	Birmingham, Hall Green
tabling member printed	Mr Roger Godsiff
uin	209454
answer	answer is ministerial correction date of answer 15/10/2014 answer text <p>The Government is actively engaged in ongoing discussions in a number of international fora, to reform the framework for sovereign debt restructurings. As outlined in the joint-EU Explanation of Vote on this Resolution, the Government was not in a position to support this UN resolution given concerns over the lack of time afforded to members to discuss the complex issues it raised.</p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 15/10/2014 14:48:17 answering member 4117 label Biography information for Andrea Leadsom
tabling member	304 label Biography information for Mr Roger Godsiff

91905

registered interest
date	26/09/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Pay
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many (a) direct employees, (b) outsourced workers and (c) workers in agencies which report to his Department are paid less than the Living Wage as defined by the Living Wage Foundation.
tabling member constituency	Birkenhead
tabling member printed	Mr Frank Field
uin	209496
answer	answer is ministerial correction date of answer 15/10/2014 answer text <p>HM Treasury and staff working in its agencies do not have any employees earning less than the living wage.</p><p> </p><p>We do not hold information on wages paid by our suppliers.</p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 15/10/2014 14:55:26 answering member 4117 label Biography information for Andrea Leadsom
tabling member	478 label Biography information for Lord Field of Birkenhead

91908

registered interest
date	26/09/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Help to Buy Scheme
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many people in (a) Barnsley East constituency, (b) Barnsley local authority, (c) South Yorkshire and (d) England have completed the purchase of a house through the Help to Buy scheme.
tabling member constituency	Barnsley East
tabling member printed	Michael Dugher
uin	209383
answer	answer is ministerial correction date of answer 14/10/2014 answer text <p>The Help to Buy scheme continues to support responsible lending with the average property value considerably less than the national average. The average house price under the scheme as a whole is around £190,000, compared to the national average of £272,000.</p><p> </p><p>Over 50,000 households have benefitted from the scheme to date. The scheme is supporting lending in all regions and over 94% of mortgages bought under the scheme have been outside London. Mortgage completions have been particularly high in the North West and Scotland.</p><p> </p><p>The Government publishes quarterly Official Statistics relating to the Help to Buy: mortgage guarantee scheme. The most recent of these were published on 2 September.</p><p>This report, along with accompanying tables, can be found at: <a href="http://www.gov.uk/government/statistics/help-to-buy-mortgage-guarantee-scheme-quarterly-statistics-october-2013-to-june-2014" target="_blank">www.gov.uk/government/statistics/help-to-buy-mortgage-guarantee-scheme-quarterly-statistics-october-2013-to-june-2014</a></p><p> </p><p>The Government also publishes monthly statistics on the number of homes purchased with the support of the Help to Buy: Equity Loan scheme, by local authority in England. This data can be found at <a href="https://www.gov.uk/government/statistical-data-sets/help-to-buy-equity-loan-scheme-monthly-statistics" target="_blank">https://www.gov.uk/government/statistical-data-sets/help-to-buy-equity-loan-scheme-monthly-statistics</a></p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 14/10/2014 15:42:09 answering member 4117 label Biography information for Andrea Leadsom
tabling member	3916 label Biography information for Michael Dugher

92136

registered interest
date	26/09/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Performance Appraisal
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many officials in his Department of each (a) gender, (b) ethnicity and (c) age received the Civil Service Employment Policy Performance Management System's (i) exceeded, (ii) met and (iii) must improve performance mark in 2013-14.
tabling member constituency	Wentworth and Dearne
tabling member printed	John Healey
uin	209492
answer	answer is ministerial correction date of answer 14/10/2014 answer text <p>The Treasury is implementing the Civil Service Employee Policy Performance Management System in 2014-15, so the data requested is not available for 2013-14.</p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 14/10/2014 15:41:41 answering member 4117 label Biography information for Andrea Leadsom
tabling member	400 label Biography information for John Healey

92137

registered interest
date	26/09/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Performance Appraisal
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many officials in his Department completed the Civil Service Employment Policy Performance Management System in 2013-14; how many and what proportion of those officials received the (a) exceeded, (b) met and (c) must improve performance mark; and how many and what proportion (i) did and (ii) did not qualify for a bonus under that process.
tabling member constituency	Wentworth and Dearne
tabling member printed	John Healey
uin	209661
answer	answer is ministerial correction date of answer 14/10/2014 answer text <p>The Treasury is implementing the Civil Service Employee Policy Performance Management System in 2014-15, so the data requested is not available for 2013-14.</p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 14/10/2014 15:35:50 answering member 4117 label Biography information for Andrea Leadsom
tabling member	400 label Biography information for John Healey

92138

registered interest
date	26/09/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Performance Appraisal
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many officials in his Department who received the (a) exceeded, (b) met and (c) must improve performance mark under the Civil Service Employment Policy Performance Management System (i) had a disability, (ii) worked full-time and (iii) worked part-time in 2013-14.
tabling member constituency	Wentworth and Dearne
tabling member printed	John Healey
uin	209639
answer	answer is ministerial correction date of answer 14/10/2014 answer text <p>The Treasury is implementing the Civil Service Employee Policy Performance Management System in 2014-15, so the data requested is not available for 2013-14.</p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 14/10/2014 15:39:04 answering member 4117 label Biography information for Andrea Leadsom
tabling member	400 label Biography information for John Healey

92141

registered interest
date	26/09/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Public Records
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what targets have been set for the release of his Department's material to the National Archives; what progress has been made in meeting those targets; and how many staff in his Department are engaged in reviewing records for that purpose.
tabling member constituency	Berwick-upon-Tweed
tabling member printed	Sir Alan Beith
uin	209618
answer	answer is ministerial correction date of answer 14/10/2014 answer text <p><strong>Targets</strong></p><p>Treasury is working with the National Archives (TNA) to ensure that legacy records are reviewed and transferred in line with statutory requirements. Targets are as follows:</p><p>- To review and transfer all archives up to and including 1984 by January 2014</p><p>- To review and transfer archives from 1985 and 1986 in January 2015</p><p>- To routinely review and transfer 2 years’ worth of archives every year from 2016 until 2022</p><p>- By 2023 to be routinely reviewing and transferring archives to TNA, no later than 20 years after they are closed</p><p> </p><p><strong>Progress</strong></p><p>Treasury has made progress in transferring both policy and private office records to TNA, though is currently running one year behind target. We expect to complete review and transfer of archives up to 1984 by March 2015, and archives from 1985 to 1986 by March 2016.</p><p> </p><p><strong>Resources</strong></p><p>Treasury is working with an external supplier on review and transfer work. In-house support is comprised of 1 project manager and 2 records reviewers.</p><p> </p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 14/10/2014 15:31:51 answering member 4117 label Biography information for Andrea Leadsom
tabling member	513 label Biography information for Lord Beith

92145

registered interest
date	26/09/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Financial Services: Cayman Islands
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what recent assessment his Department has made of the incidence of financial crime in the Cayman Islands.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	209742
answer	answer is ministerial correction date of answer 14/10/2014 answer text <p>The Government, including the Treasury, works closely with the Cayman Islands to share lessons learned and best practice on financial crime matters. As part of the UK’s G8 action plan to prevent misuse of companies and legal arrangements, the Government has committed to support all the Overseas Territories and Crown Dependencies to publish Action Plans setting out the concrete steps, where needed, to fully implement international standards set by the Financial Action Task Force. They have published these action plans, and have committed to carry out their National Risk Assessments. The Cayman Islands is also a member of the Caribbean Financial Action Task Force (CFATF), the Caribbean regional body responsible for assessing and combating money laundering and terrorist financing. The UK is an observer to CFATF.</p><p> </p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 14/10/2014 15:16:45 answering member 4117 label Biography information for Andrea Leadsom
tabling member	4006 label Biography information for Dr Matthew Offord

91685

registered interest
date	12/09/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Money Laundering
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will take steps to ensure that the list of regulated markets subject to specified disclosure obligations in the Joint Money Laundering Steering Group's guidance on the Money Laundering Regulations 2007 does not pose a barrier to inward investment in the UK.
tabling member constituency	Birmingham, Northfield
tabling member printed	Richard Burden
uin	209245
answer	answer is ministerial correction date of answer 13/10/2014 answer text <p>The Joint Money Laundering Steering Group keeps its guidance under regular review.</p><p> </p><p> </p><p>The government will continue to ensure that this system does not create a barrier to inward investment, while ensuring that appropriate customer due diligence checks are applied.</p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 13/10/2014 16:36:32 answering member 4117 label Biography information for Andrea Leadsom
tabling member	301 label Biography information for Richard Burden