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873643

registered interest
date	28/03/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: Technology
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what steps the Government is taking to encourage financial technology firms to relocate to the UK.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	134757
answer	answer is ministerial correction date of answer 18/04/2018 answer text <p>The Government is committed to ensuring that the UK is the best place to start and grow a fintech business. The new Fintech Sector Strategy – launched by the Chancellor at the recent HM Treasury-organised International Fintech Conference – sets out the practical steps that have been, and will be, taken to support this commitment. For instance, the Strategy includes pilot schemes to help new fintech firms (and the financial services industry more widely) comply with regulations by building software which would automatically ensure they follow the rules, saving them time and money, and the creation of a set of industry standards which will enable fintech firms to more easily partner with existing banks.</p><p> </p><p>The Strategy is available at: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/692874/Fintech_Sector_Strategy_print.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/692874/Fintech_Sector_Strategy_print.pdf</a></p> answering member constituency Salisbury answering member printed John Glen question first answered 18/04/2018 14:17:46 answering member 4051 label Biography information for John Glen
tabling member	1586 label Biography information for Adam Afriyie

873646

registered interest
date	28/03/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Money Laundering: Cryptocurrencies
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether his Department plans to review money laundering regulations to take into account the effect of cryptocurrencies.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	134760
answer	answer is ministerial correction date of answer 19/04/2018 answer text <p>The Government has committed to bringing digital currencies into the scope of anti-money laundering regulation. The Government anticipates that the Fifth Anti-Money Laundering Directive will enter into force at EU-level in summer of this year, with a transposition deadline of late 2019. This will be during the Implementation Period, and so the UK will transpose this Directive. These amendments bring virtual currency exchanges and custodian wallet providers into the scope of obliged entities. We will consult on any steps the government proposes to take to regulate digital currencies under UK law.</p><p> </p><p>The Government has also recently announced the establishment of the Cryptoassets Taskforce, consisting of HM Treasury, the Bank of England and the Financial Conduct Authority. As part of its work, the Taskforce will consider the risks of cryptoassets and the future responses of the appropriate authorities, including around anti-money laundering regulation.</p><p> </p> answering member constituency Salisbury answering member printed John Glen question first answered 19/04/2018 13:52:02 answering member 4051 label Biography information for John Glen
tabling member	1586 label Biography information for Adam Afriyie

873789

registered interest
date	28/03/2018
answering body	Department of Health and Social Care
answering dept id	17
answering dept short name	Health and Social Care
answering dept sort name	Health and Social Care
hansard heading	Electronic Cigarettes
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Health and Social Care, what assessment he has made of the effect of the use of electronic vaping devices on smoker mortality levels.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	134903
answer	answer is ministerial correction date of answer 17/04/2018 answer text <p>The Department has been clear that for smokers, quitting smoking completely is the best way to improve health. E-cigarettes are not risk free. However evidence continues to suggest that e-cigarettes are significantly less harmful to health than cigarettes and can aid in helping smokers to quit.</p><p> </p><p>Given that e-cigarettes are a relatively new product, there is no long term data available regarding the impact on mortality rates of smokers who opt to move to vaping as an alternative.</p><p> </p><p>The Department will continue to work with Public Health England (PHE) to monitor the evidence base around e-cigarettes. In the Tobacco Control Plan, published in July 2017, PHE committed to update their evidence report on e-cigarettes and other novel nicotine delivery systems annually until the end of the Parliament in 2022.</p> answering member constituency Winchester answering member printed Steve Brine question first answered 17/04/2018 12:46:26 answering member 4067 label Biography information for Steve Brine
tabling member	1586 label Biography information for Adam Afriyie