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1127306

registered interest
date	17/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Insurance Companies
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps he has taken to make sure that adequate interim payments to third parties are made promptly by insurance companies after those companies have accepted liability.
tabling member constituency	Orpington
tabling member printed	Joseph Johnson
uin	255668
answer	answer is ministerial correction date of answer 21/05/2019 answer text <p>The FCA is an independent body responsible for regulating and supervising the financial services industry. It sets the conduct standards required of insurance firms in relation to their business.</p><p> </p><p>The FCA’s rules require insurers to handle claims fairly and promptly; provide reasonable guidance to help a policyholder make a claim, and appropriate information on its progress; not reject a claim unreasonably; and settle claims promptly once settlement terms are agreed. It is important that insurers treat customers fairly and the Government supports the FCA in carrying out its responsibilities.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 255669 255670 question first answered 21/05/2019 14:42:59 answering member 4051 label Biography information for John Glen
tabling member	4039 label Biography information for Lord Johnson of Marylebone

1127307

registered interest
date	17/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Insurance Companies
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps he is taking to stop insurance companies delaying interim payments to third parties to take advantage of potential changes to the Ogden discount rate.
tabling member constituency	Orpington
tabling member printed	Joseph Johnson
uin	255669
answer	answer is ministerial correction date of answer 21/05/2019 answer text <p>The FCA is an independent body responsible for regulating and supervising the financial services industry. It sets the conduct standards required of insurance firms in relation to their business.</p><p> </p><p>The FCA’s rules require insurers to handle claims fairly and promptly; provide reasonable guidance to help a policyholder make a claim, and appropriate information on its progress; not reject a claim unreasonably; and settle claims promptly once settlement terms are agreed. It is important that insurers treat customers fairly and the Government supports the FCA in carrying out its responsibilities.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 255668 255670 question first answered 21/05/2019 14:42:59 answering member 4051 label Biography information for John Glen
tabling member	4039 label Biography information for Lord Johnson of Marylebone

1125502

registered interest
date	08/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tax Evasion
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what estimate they have made of the cost to HM Treasury of "cum-ex" tax fraud since 2012; and whether there have been any related prosecutions.
tabling member printed	Baroness McIntosh of Pickering
uin	HL15597
answer	answer is ministerial correction date of answer 21/05/2019 answer text <p>“Cum-ex” tax fraud exploits rules which impose withholding tax (WHT) on dividend payments. The UK does not apply WHT to dividend payments; there is no direct UK tax impact on banks, other taxpayers or HM Treasury.</p> answering member printed Lord Young of Cookham grouped question UIN HL15598 question first answered 21/05/2019 14:12:33 answering member 57 label Biography information for Lord Young of Cookham
tabling member	384 label Biography information for Baroness McIntosh of Pickering

1125503

registered interest
date	08/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Tax Evasion
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the impact of "cum-ex" tax fraud on (1) banks, (2) taxpayers, and (3) HM Treasury.
tabling member printed	Baroness McIntosh of Pickering
uin	HL15598
answer	answer is ministerial correction date of answer 21/05/2019 answer text <p>“Cum-ex” tax fraud exploits rules which impose withholding tax (WHT) on dividend payments. The UK does not apply WHT to dividend payments; there is no direct UK tax impact on banks, other taxpayers or HM Treasury.</p> answering member printed Lord Young of Cookham grouped question UIN HL15597 question first answered 21/05/2019 14:12:33 answering member 57 label Biography information for Lord Young of Cookham
tabling member	384 label Biography information for Baroness McIntosh of Pickering

1125516

registered interest
date	08/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	EU Emissions Trading Scheme
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether they intend to replicate the European Trading Scheme carbon emissions tax on companies in the event of a no-deal Brexit.
tabling member printed	Lord Taylor of Warwick
uin	HL15611
answer	answer is ministerial correction date of answer 21/05/2019 answer text <p>In the event that the UK leaves the EU ETS under a No Deal scenario, Government policy remains that we will implement a carbon emissions tax on an interim basis.</p><p>We are discussing with the Commission the implications of our exit from the EU for our future participation in the EU ETS.</p><p>A consultation on long-term carbon pricing once the UK has left the UK has now been launched.</p> answering member printed Lord Young of Cookham question first answered 21/05/2019 14:02:51 answering member 57 label Biography information for Lord Young of Cookham
tabling member	1796 label Biography information for Lord Taylor of Warwick