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753983

registered interest
date	19/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Russel Griggs
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what representations he has received on the appointment of Professor Russell Griggs as the independent reviewer of HBOS Reading fraud cases.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	6143
answer	answer is ministerial correction date of answer 06/09/2017 answer text <p>In March 2017, Professor Russel Griggs was appointed as the Independent Reviewer of HBOS Reading customer compensation cases by Lloyds Banking Group (LBG), in consultation with the Financial Conduct Authority. His appointment is therefore not a matter for government. The government expects that the appointment of Professor Griggs will help LBG to resolve outstanding cases as soon as possible, so that any victims of fraud at HBOS Reading can be properly compensated.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay grouped question UIN 6144 6145 6146 question first answered 06/09/2017 10:09:00 answering member 4095 label Biography information for Steve Barclay
tabling member	4061 label Biography information for Bill Esterson

753984

registered interest
date	19/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Russel Griggs
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what discussions he has had with the Financial Conduct Authority on the appointment of Professor Russell Griggs as the independent reviewer of HBOS fraud cases.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	6144
answer	answer is ministerial correction date of answer 06/09/2017 answer text <p>In March 2017, Professor Russel Griggs was appointed as the Independent Reviewer of HBOS Reading customer compensation cases by Lloyds Banking Group (LBG), in consultation with the Financial Conduct Authority. His appointment is therefore not a matter for government. The government expects that the appointment of Professor Griggs will help LBG to resolve outstanding cases as soon as possible, so that any victims of fraud at HBOS Reading can be properly compensated.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay grouped question UIN 6143 6145 6146 question first answered 06/09/2017 10:09:00 answering member 4095 label Biography information for Steve Barclay
tabling member	4061 label Biography information for Bill Esterson

753985

registered interest
date	19/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Russel Griggs
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what consultation his Department has carried out with people affected by HBOS fraud on the appointment of Professor Russell Griggs as the independent reviewer.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	6145
answer	answer is ministerial correction date of answer 06/09/2017 answer text <p>In March 2017, Professor Russel Griggs was appointed as the Independent Reviewer of HBOS Reading customer compensation cases by Lloyds Banking Group (LBG), in consultation with the Financial Conduct Authority. His appointment is therefore not a matter for government. The government expects that the appointment of Professor Griggs will help LBG to resolve outstanding cases as soon as possible, so that any victims of fraud at HBOS Reading can be properly compensated.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay grouped question UIN 6143 6144 6146 question first answered 06/09/2017 10:09:00 answering member 4095 label Biography information for Steve Barclay
tabling member	4061 label Biography information for Bill Esterson

753999

registered interest
date	19/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Crowdfunding
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what plans he has to change the rules governing the level of business lending allowed through non-bank finance providers including peer-to-peer platforms before the UK leaves the EU.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	6051
answer	answer is ministerial correction date of answer 05/09/2017 answer text Neither the Government nor the financial regulators set rules regarding levels of business lending allowed through non-bank finance providers. The Government regulates only where there is a clear case for doing so, to avoid putting additional costs on lenders that would ultimately lead to higher costs for business customers. answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 05/09/2017 10:18:56 answering member 4095 label Biography information for Steve Barclay
tabling member	4061 label Biography information for Bill Esterson

754001

registered interest
date	19/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Crowdfunding
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the proposals to allow the Bank of England to provide lending through peer-to-peer platforms.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	6053
answer	answer is ministerial correction date of answer 05/09/2017 answer text <p>The Bank of England has not put forward any proposals to provide lending through peer-to-peer platforms.</p><p> </p><p>The government believes that peer-to-peer platforms can deliver innovative forms of finance for both consumers and business that can provide competition in the marketplace. The government has therefore implemented a proportionate, principles based regime for peer-to-peer lending that balances the need for consumer protection with allowing the sector to grow and evolve.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 05/09/2017 10:12:53 answering member 4095 label Biography information for Steve Barclay
tabling member	4061 label Biography information for Bill Esterson

754003

registered interest
date	19/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Crowdfunding
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what plans he has to support the development of peer-to-peer lending business platforms.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	6055
answer	answer is ministerial correction date of answer 05/09/2017 answer text <p>The government believes that Peer-to-Peer (P2P) platforms can deliver innovative forms of finance for both consumers and business that can provide competition in the marketplace. The government has therefore implemented a proportionate, principles based regime for P2P lending that balances the need for consumer protection with allowing the sector to grow and evolve.</p><p> </p><p>The British Business Bank has channelled £120m of investment to UK businesses through P2P platforms.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 05/09/2017 07:49:07 answering member 4095 label Biography information for Steve Barclay
tabling member	4061 label Biography information for Bill Esterson