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

1145130

	registered interest
	date	05/09/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Football Pools: Taxation
	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 equity of the level of tax on the football pools industry.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	287560
	answer	answer is ministerial correction date of answer 09/09/2019 answer text <p>The football pools industry is subject to Pool Betting Duty (PBD). PBD also covers a range of gambling activity beyond the football pools. PBD is charged at 15% on gross profits (stakes minus prizes), which is the same rate as for general betting. This has been constant since 2002.</p><p> </p><p>All taxes are kept under review and the rate of PBD is considered as part of the Budget process.</p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke question first answered 09/09/2019 15:31:25 answering member 4655 label Biography information for Sir Simon Clarke
	tabling member	1565 label Biography information for Sir Philip Davies

1149409

	registered interest
	date	15/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Football Pools: Excise Duties
	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 potential merits of reducing pool betting duty to 10 per cent.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	487
	answer	answer is ministerial correction date of answer 22/10/2019 answer text <p>No recent estimate has been made. Reducing Pool Betting Duty to 10% is likely to have a negligible effect on the Football Pools, but could put revenue at risk particularly through incentivising switching of products from fixed odds bets to pooled bets.</p><p> </p><p>HM Treasury however keeps all taxes under active review.</p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke question first answered 22/10/2019 12:44:30 answering member 4655 label Biography information for Sir Simon Clarke
	tabling member	1565 label Biography information for Sir Philip Davies

1149423

	registered interest
	date	15/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cryptocurrencies
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many formal complaints the Financial Conduct Authority has received from consumers in relation to the (a) sale and (b) distribution of Exchange Traded Notes that reference cryptoassets.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	488
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>This is a matter for the Financial Conduct Authority (FCA), which is independent of government. The question has been passed to the FCA.</p><p>The FCA will reply directly to Philip Davies MP by letter. A copy of the letter will be placed in the Library of the House.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 490 496 497 498 500 948 question first answered 21/10/2019 15:14:18 answering member 4051 label Biography information for John Glen
	tabling member	1565 label Biography information for Sir Philip Davies

1149424

	registered interest
	date	15/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cryptocurrencies
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many formal complaints from consumers the Financial Ombudsman Service has (a) received and (b) upheld in relation to the (i) sale and (ii) distribution of Exchange Traded Notes that reference cryptoassets.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	489
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>This is a matter for the Financial Ombudsman Service (FOS), which is independent of government. The question has been passed to the FOS.The FOS will reply directly to Philip Davies MP by letter. A copy of the letter will be placed in the Library of the House.</p> answering member constituency Salisbury answering member printed John Glen question first answered 21/10/2019 14:58:55 answering member 4051 label Biography information for John Glen
	tabling member	1565 label Biography information for Sir Philip Davies

1149425

	registered interest
	date	15/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cryptocurrencies
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many consultation responses the Financial Conduct Authority has received in opposition to the proposals in the consultation entitled, CP19/22 prohibiting the sale to retail clients of investment products that reference cryptoassets.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	490
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>This is a matter for the Financial Conduct Authority (FCA), which is independent of government. The question has been passed to the FCA.</p><p>The FCA will reply directly to Philip Davies MP by letter. A copy of the letter will be placed in the Library of the House.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 488 496 497 498 500 948 question first answered 21/10/2019 15:14:18 answering member 4051 label Biography information for John Glen
	tabling member	1565 label Biography information for Sir Philip Davies

1149426

	registered interest
	date	15/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cryptocurrencies
	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 effect of the Financial Conduct Authority’s proposed ban of cryptoasset investment products for retail investors on (a) Revolut and (b) other challenger banks that offer products linked to cryptoassets.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	491
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>The Financial Conduct Authority (FCA) made a commitment to consult on the potential prohibition of the sale to retail consumers of derivatives referencing certain types of cryptoassets in the final report of the Cryptoasset Taskforce, comprised of HM Treasury, the Bank of England and the Financial Conduct Authority, in October 2018.</p><p> </p><p>The final decision on this consultation is a matter for the Financial Conduct Authority (FCA), which is operationally independent from government.</p><p> </p><p>The government continues to endorse the approach set out in that the Cryptoasset Taskforce report as the right way to facilitate innovation while protecting consumers and firms.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 494 499 question first answered 21/10/2019 15:19:06 answering member 4051 label Biography information for John Glen
	tabling member	1565 label Biography information for Sir Philip Davies

1149427

	registered interest
	date	15/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Financial Services
	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 the recommendations of the Cryptoassets Taskforce's 2018 report in relation to enabling innovators in the financial sector that play by the rules to thrive.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	492
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>In October 2018 HM Treasury, the Bank of England and the Financial Conduct Authority (FCA) released the final report of the Cryptoasset Taskforce.</p><p>The government continues to endorse the approach set out in the report, including its recommendations, as the right way to facilitate innovation while protecting consumers and firms. To date, a number of steps have been taken to implement the report’s recommendations, with others to follow.</p><p>For instance, the FCA has consulted and issued final guidance on the regulatory perimeter in relation to cryptoassets, and HMT has consulted on the transposition of the 5<sup>th</sup> Anti-Money Laundering Directive (5AMLD).</p> answering member constituency Salisbury answering member printed John Glen question first answered 21/10/2019 14:54:05 answering member 4051 label Biography information for John Glen
	tabling member	1565 label Biography information for Sir Philip Davies

1149428

	registered interest
	date	15/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Financial Services
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether issuers of Exchange Traded Notes are required to comply with (a) the EU Prospectus Directive, (b) Listing Rules for the NASDNAQ and (c) Nordic Growth Markets.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	493
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>With a limited number of exemptions, issuers of exchange traded notes (ETNs) in the UK are obliged to produce a prospectus under the Prospectus Regulation – which replaced the Prospectus Directive from 21 July 2019 – when offering ETNs to the public or admitting them to trading on a regulated market in the UK.</p><p>Issuers looking to admit securities, including ETNs, to trading on an exchange in another jurisdiction – including NASDAQ and the Nordic Growth Markets - must also comply with the admission requirements and rules of that jurisdiction.</p><p> </p><p>The Government is committed to ensuring that the UK remains the best place in the world for FinTech.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 495 question first answered 21/10/2019 14:59:32 answering member 4051 label Biography information for John Glen
	tabling member	1565 label Biography information for Sir Philip Davies

1149429

	registered interest
	date	15/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cryptocurrencies
	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 effect on the UK’s status as a FinTech hub of the proposals by the Financial Conduct Authority to ban the sale of cryptoasset investment products for retail investors.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	494
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>The Financial Conduct Authority (FCA) made a commitment to consult on the potential prohibition of the sale to retail consumers of derivatives referencing certain types of cryptoassets in the final report of the Cryptoasset Taskforce, comprised of HM Treasury, the Bank of England and the Financial Conduct Authority, in October 2018.</p><p> </p><p>The final decision on this consultation is a matter for the Financial Conduct Authority (FCA), which is operationally independent from government.</p><p> </p><p>The government continues to endorse the approach set out in that the Cryptoasset Taskforce report as the right way to facilitate innovation while protecting consumers and firms.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 491 499 question first answered 21/10/2019 15:19:06 answering member 4051 label Biography information for John Glen
	tabling member	1565 label Biography information for Sir Philip Davies

1149430

	registered interest
	date	15/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Fnancial Services
	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 effect on the UK’s status as a FinTech hub of innovative Exchange Traded Notes issuers (a) remaining and (b) establishing operations in the UK.
	tabling member constituency	Shipley
	tabling member printed	Philip Davies
	uin	495
	answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>With a limited number of exemptions, issuers of exchange traded notes (ETNs) in the UK are obliged to produce a prospectus under the Prospectus Regulation – which replaced the Prospectus Directive from 21 July 2019 – when offering ETNs to the public or admitting them to trading on a regulated market in the UK.</p><p>Issuers looking to admit securities, including ETNs, to trading on an exchange in another jurisdiction – including NASDAQ and the Nordic Growth Markets - must also comply with the admission requirements and rules of that jurisdiction.</p><p> </p><p>The Government is committed to ensuring that the UK remains the best place in the world for FinTech.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 493 question first answered 21/10/2019 14:59:32 answering member 4051 label Biography information for John Glen
	tabling member	1565 label Biography information for Sir Philip Davies