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1134837

registered interest
date	26/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Crime
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what role the chief executives of Barclays Bank, Lloyds Bank and Santander will play in determining the UK’s policy response to economic crime.
tabling member constituency	Oxford East
tabling member printed	Anneliese Dodds
uin	269755
answer	answer is ministerial correction date of answer 01/07/2019 answer text <p>The next Economic Crime Strategic Board will take place on 10 July 2019.</p><p>The Board will discuss the draft Economic Crime Plan and a joint public-private economic crime threat update. The outcomes of the meeting will be published in due course.</p><p> </p><p>The Board’s role is to set priorities, direct resources and scrutinise performance against the economic crime threat. The UK’s policy response to economic crime is set by the government.</p><p> </p><p>A wide range of stakeholders from both the private sector and civil society have been consulted to inform the development of the Economic Crime Plan. Following publication of the Plan, the government will review the governance around the overall response to economic crime.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 269757 269758 269759 question first answered 01/07/2019 15:31:40 answering member 4051 label Biography information for John Glen
tabling member	4657 label Biography information for Anneliese Dodds

1134839

registered interest
date	26/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Crime Strategic Board
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has (a) received and (b) responded to objections on the representation on the Economic Crime Strategy Board; and if he will publish any such responses.
tabling member constituency	Oxford East
tabling member printed	Anneliese Dodds
uin	269757
answer	answer is ministerial correction date of answer 01/07/2019 answer text <p>The next Economic Crime Strategic Board will take place on 10 July 2019.</p><p>The Board will discuss the draft Economic Crime Plan and a joint public-private economic crime threat update. The outcomes of the meeting will be published in due course.</p><p> </p><p>The Board’s role is to set priorities, direct resources and scrutinise performance against the economic crime threat. The UK’s policy response to economic crime is set by the government.</p><p> </p><p>A wide range of stakeholders from both the private sector and civil society have been consulted to inform the development of the Economic Crime Plan. Following publication of the Plan, the government will review the governance around the overall response to economic crime.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 269755 269758 269759 question first answered 01/07/2019 15:31:40 answering member 4051 label Biography information for John Glen
tabling member	4657 label Biography information for Anneliese Dodds

1134840

registered interest
date	26/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Crime Strategic Board: Meetings
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will publish the date and agenda for the next meeting of the Economic Crime Strategy Board.
tabling member constituency	Oxford East
tabling member printed	Anneliese Dodds
uin	269758
answer	answer is ministerial correction date of answer 01/07/2019 answer text <p>The next Economic Crime Strategic Board will take place on 10 July 2019.</p><p>The Board will discuss the draft Economic Crime Plan and a joint public-private economic crime threat update. The outcomes of the meeting will be published in due course.</p><p> </p><p>The Board’s role is to set priorities, direct resources and scrutinise performance against the economic crime threat. The UK’s policy response to economic crime is set by the government.</p><p> </p><p>A wide range of stakeholders from both the private sector and civil society have been consulted to inform the development of the Economic Crime Plan. Following publication of the Plan, the government will review the governance around the overall response to economic crime.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 269755 269757 269759 question first answered 01/07/2019 15:31:40 answering member 4051 label Biography information for John Glen
tabling member	4657 label Biography information for Anneliese Dodds

1134573

registered interest
date	25/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cash Dispensing: Rural Areas
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor for the Exchequer, what discussions he has had with banks on the potential effect on rural communities of the removal of free cash machines from high streets.
tabling member constituency	East Yorkshire
tabling member printed	Sir Greg Knight
uin	268990
answer	answer is ministerial correction date of answer 01/07/2019 answer text <p>The Government-established Payment Systems Regulator (PSR) is closely monitoring developments in ATM provision. The PSR regulates LINK, the scheme which runs the UK’s ATM network, and has used its powers to hold LINK to account over LINK’s commitments to preserve the broad geographic spread of the ATM network.</p><p> </p><p>LINK has put in place specific arrangements to protect free-to-use ATMs more than 1 kilometre away from the next nearest free-to-use ATM. LINK has also enhanced its Financial Inclusion Programme, increasing the funding available for free ATMs in the most remote rural and deprived areas of the UK.</p><p> </p><p>The wider banking and finance industry is committed to helping local communities identify and secure appropriate free access to cash for customers. Regarding specific discussions, Treasury Ministers and Officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery. Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: <a href="https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel" target="_blank">https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel</a>.</p> answering member constituency Salisbury answering member printed John Glen question first answered 01/07/2019 15:28:36 answering member 4051 label Biography information for John Glen
tabling member	1200 label Biography information for Sir Greg Knight

1134089

registered interest
date	24/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Crime Strategic Board
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, who will be attending the economic crime strategy board meeting on 10 July 2019.
tabling member constituency	Oxford East
tabling member printed	Anneliese Dodds
uin	268540
answer	answer is ministerial correction date of answer 27/06/2019 answer text <p>The Economic Crime Strategic Board, co-chaired by the <a href="https://www.theyworkforyou.com/glossary/?gl=170" target="_blank">Chancellor</a> and the <a href="https://en.wikipedia.org/wiki/Home_Secretary" target="_blank">Home Secretary</a>, met for the first time on 14 January 2019. The Board sets priorities, directs resources and scrutinises performance against the economic crime threat. Its membership includes ministers, government officials and senior representatives from supervisory and law enforcement authorities, and the private sector.</p><p> </p><p>In its inaugural meeting, the Board commissioned the development of a shared public-private Economic Crime Plan and the development of a joint public-private economic crime threat update. The Economic Crime Plan – which will be published – will outline the public and private sectors’ collective ambition to combat economic crime and set out a series of concrete actions that both sectors will collectively undertake to enhance the <a href="https://en.wikipedia.org/wiki/UK" target="_blank">UK</a>’s economic crime response. A wide range of stakeholders from both the private sector and civil society have been consulted to inform the development of the Plan.</p><p> </p><p>The Board will meet for a second time on 10 July 2019 at which it will discuss the draft Economic Crime Plan and the economic crime threat update. The outcomes of the meeting will be published in due course.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 268541 268542 question first answered 27/06/2019 13:07:34 answering member 4051 label Biography information for John Glen
tabling member	4657 label Biography information for Anneliese Dodds

1134090

registered interest
date	24/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Crime Strategic Board
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what elements of the economic crime strategy will be discussed at the economic crime strategy board meeting on 10 July 2019.
tabling member constituency	Oxford East
tabling member printed	Anneliese Dodds
uin	268541
answer	answer is ministerial correction date of answer 27/06/2019 answer text <p>The Economic Crime Strategic Board, co-chaired by the <a href="https://www.theyworkforyou.com/glossary/?gl=170" target="_blank">Chancellor</a> and the <a href="https://en.wikipedia.org/wiki/Home_Secretary" target="_blank">Home Secretary</a>, met for the first time on 14 January 2019. The Board sets priorities, directs resources and scrutinises performance against the economic crime threat. Its membership includes ministers, government officials and senior representatives from supervisory and law enforcement authorities, and the private sector.</p><p> </p><p>In its inaugural meeting, the Board commissioned the development of a shared public-private Economic Crime Plan and the development of a joint public-private economic crime threat update. The Economic Crime Plan – which will be published – will outline the public and private sectors’ collective ambition to combat economic crime and set out a series of concrete actions that both sectors will collectively undertake to enhance the <a href="https://en.wikipedia.org/wiki/UK" target="_blank">UK</a>’s economic crime response. A wide range of stakeholders from both the private sector and civil society have been consulted to inform the development of the Plan.</p><p> </p><p>The Board will meet for a second time on 10 July 2019 at which it will discuss the draft Economic Crime Plan and the economic crime threat update. The outcomes of the meeting will be published in due course.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 268540 268542 question first answered 27/06/2019 13:07:34 answering member 4051 label Biography information for John Glen
tabling member	4657 label Biography information for Anneliese Dodds

1134091

registered interest
date	24/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Crime Strategic Board
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether extending the failure to prevent criminal offence for bribery to other economic crimes, such as fraud and money laundering, will be discussed at the economic crime strategy board meeting on 10 July 2019.
tabling member constituency	Oxford East
tabling member printed	Anneliese Dodds
uin	268542
answer	answer is ministerial correction date of answer 27/06/2019 answer text <p>The Economic Crime Strategic Board, co-chaired by the <a href="https://www.theyworkforyou.com/glossary/?gl=170" target="_blank">Chancellor</a> and the <a href="https://en.wikipedia.org/wiki/Home_Secretary" target="_blank">Home Secretary</a>, met for the first time on 14 January 2019. The Board sets priorities, directs resources and scrutinises performance against the economic crime threat. Its membership includes ministers, government officials and senior representatives from supervisory and law enforcement authorities, and the private sector.</p><p> </p><p>In its inaugural meeting, the Board commissioned the development of a shared public-private Economic Crime Plan and the development of a joint public-private economic crime threat update. The Economic Crime Plan – which will be published – will outline the public and private sectors’ collective ambition to combat economic crime and set out a series of concrete actions that both sectors will collectively undertake to enhance the <a href="https://en.wikipedia.org/wiki/UK" target="_blank">UK</a>’s economic crime response. A wide range of stakeholders from both the private sector and civil society have been consulted to inform the development of the Plan.</p><p> </p><p>The Board will meet for a second time on 10 July 2019 at which it will discuss the draft Economic Crime Plan and the economic crime threat update. The outcomes of the meeting will be published in due course.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 268540 268541 question first answered 27/06/2019 13:07:34 answering member 4051 label Biography information for John Glen
tabling member	4657 label Biography information for Anneliese Dodds

1133897

registered interest
date	21/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Consumers: Expenditure
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent assessment he has made of the change in the level of consumer spending in the UK.
tabling member constituency	Coatbridge, Chryston and Bellshill
tabling member printed	Hugh Gaffney
uin	267769
answer	answer is ministerial correction date of answer 01/07/2019 answer text <p>The Office for National Statistics (ONS) produces both quarterly and annual estimates of household final consumption expenditure (HHFCE).</p><p> </p><p>Household consumption grew by 1.8% in 2018, supported by a strong labour market which has seen the unemployment rate at its lowest since 1975, and regular wages outstripping inflation for over a year. The Office for Budget Responsibility (OBR) forecast consumption to grow in every year of their forecast.</p> answering member constituency Salisbury answering member printed John Glen question first answered 01/07/2019 15:30:37 answering member 4051 label Biography information for John Glen
tabling member	4614 label Biography information for Hugh Gaffney

1133297

registered interest
date	19/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cryptocurrencies: Facebook
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 effect of plans by Facebook to launch its own crypto-currency, Libra, on the stability of the financial system.
tabling member constituency	Carmarthen East and Dinefwr
tabling member printed	Jonathan Edwards
uin	266794
answer	answer is ministerial correction date of answer 28/06/2019 answer text <p>The Government does not comment on the proposed business models of individual companies. More broadly, the Government established the Cryptoassets Taskforce – comprised of HM Treasury, the Financial Conduct Authority and the Bank of England – to explore the risks and potential benefits associated with cryptoassets and other applications of distributed ledger technology.</p><p> </p><p>The Taskforce’s final report<sub><sub>[1]</sub></sub> found that cryptoassets do not currently pose a material threat to UK or global financial stability, however this could change in the future, and the Bank of England’s Financial Policy Committee will continue to monitor the situation.</p><p> </p><p>Treasury Ministers have meetings with a wide variety of organisations in the public and private sectors, as well as international counterparts, as part of the process of policy development and delivery.</p><p> </p><p>Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis here: <a href="https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel" target="_blank">https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel</a></p><p> </p><p>[1] <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> answering member constituency Salisbury answering member printed John Glen grouped question UIN 266795 question first answered 28/06/2019 09:27:14 answering member 4051 label Biography information for John Glen
tabling member	3943 label Biography information for Jonathan Edwards

1133298

registered interest
date	19/06/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cryptocurrencies: Facebook
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 his international counterparts on the effect of the Facebook crypto currency Libra on the stability of the financial system.
tabling member constituency	Carmarthen East and Dinefwr
tabling member printed	Jonathan Edwards
uin	266795
answer	answer is ministerial correction date of answer 28/06/2019 answer text <p>The Government does not comment on the proposed business models of individual companies. More broadly, the Government established the Cryptoassets Taskforce – comprised of HM Treasury, the Financial Conduct Authority and the Bank of England – to explore the risks and potential benefits associated with cryptoassets and other applications of distributed ledger technology.</p><p> </p><p>The Taskforce’s final report<sub><sub>[1]</sub></sub> found that cryptoassets do not currently pose a material threat to UK or global financial stability, however this could change in the future, and the Bank of England’s Financial Policy Committee will continue to monitor the situation.</p><p> </p><p>Treasury Ministers have meetings with a wide variety of organisations in the public and private sectors, as well as international counterparts, as part of the process of policy development and delivery.</p><p> </p><p>Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis here: <a href="https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel" target="_blank">https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel</a></p><p> </p><p>[1] <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> answering member constituency Salisbury answering member printed John Glen grouped question UIN 266794 question first answered 28/06/2019 09:27:17 answering member 4051 label Biography information for John Glen
tabling member	3943 label Biography information for Jonathan Edwards