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tabling member › label	Biography information for Lord Myners
house id	2
min answer › question first answered	2019-06-26T17:04:56.023Z
question text	To ask Her Majesty%27s Government whether the British Business Bank independently vets every loan it makes through peer-to-peer lending platforms and similar agencies or relies on such platforms for conducting due diligence.
max answer › date of answer	2019-10-28

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registered interest

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 printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member printed

question first answered

answering member


label

tabling member


label

1146330

registered interest

date

25/09/2019

answering body

Department for Business, Energy and Industrial Strategy

answering dept id

201

answering dept short name

Business, Energy and Industrial Strategy

answering dept sort name

Business, Energy and Industrial Strategy

hansard heading

British Business Bank: Crowdfunding

house id

legislature

25277

	pref label	House of Lords

question text

To ask Her Majesty's Government whether the British Business Bank independently vets every loan it makes through peer-to-peer lending platforms and similar agencies or relies on such platforms for conducting due diligence.

tabling member printed

Lord Myners

uin

HL17825

answer

is ministerial correction

date of answer

08/10/2019

answer text

The British Business Bank operates indirectly through various delivery partners. Individual lending and investment decisions are fully delegated to these delivery partners. The British Business Bank has a thorough delivery partner selection process, which includes robust due diligence. British Business Bank also monitors existing delivery partners and their performance against contractual requirements or Service Level Agreements.

answering member printed

Lord Duncan of Springbank

question first answered

08/10/2019 14:42:07

answering member

4686

	label	Biography information for Lord Duncan of Springbank

tabling member

3869

	label	Biography information for Lord Myners