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999770

	registered interest
	date	01/11/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Taxation
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government whether they anticipate that current Organisation for Economic Co-operation and Development rules relating to tax residency will be adhered to following Brexit.
	tabling member printed	Viscount Waverley
	uin	HL11215
	answer	answer is ministerial correction date of answer 15/11/2018 answer text <p>The UK will continue to adhere to the OECD’s tax standards after Brexit. These include the provisions relating to residence in the OECD model treaty.</p> answering member printed Lord Bates question first answered 15/11/2018 17:22:05 answering member 1091 label Biography information for Lord Bates
	tabling member	1744 label Biography information for Viscount Waverley

947642

	registered interest
	date	24/07/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Financial Services
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what steps they are taking to advance the UK’s position as an international financial centre.
	tabling member printed	Viscount Waverley
	uin	HL9898
	answer	answer is ministerial correction date of answer 02/08/2018 answer text <p>The UK is home to the world’s preeminent financial centre and the government is committed to maintaining and enhancing this position. In addition to our natural advantages, such as a central time zone and the English language, we have strengths across all the major sectors – banking, asset management, and insurance – alongside a globally respected regulatory system, and world-class legal and professional services.</p><p> </p><p>As the Chancellor of the Exchequer set out in his Mansion House speech in June, the government has a long-term vision for the future of UK financial services, based on ensuring the continued innovation, resilience, and openness of the sector. This includes strengthening the UK’s already world-leading positions in the markets of the future, whether in Fintech, green and sustainable finance, or rupee and renminbi products.</p> answering member printed Lord Bates question first answered 02/08/2018 12:10:45 answering member 1091 label Biography information for Lord Bates
	tabling member	1744 label Biography information for Viscount Waverley

940115

	registered interest
	date	12/07/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Asian Infrastructure Investment Bank
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what involvement the UK has with the Asian Infrastructure Investment Bank.
	tabling member printed	Viscount Waverley
	uin	HL9530
	answer	answer is ministerial correction date of answer 25/07/2018 answer text <p>The UK became a founding member of the Asian Infrastructure Investment Bank (AIIB) in 2015, with a 3.18% shareholding, representing a capital contribution of $3.05 billion (of which 20% will be paid-in over five years, and 80% is callable).</p><p> </p><p>The Chancellor of the Exchequer represents the UK at the AIIB Board of Governors. The UK also holds one of the 12 seats on the AIIB Board of Directors, representing the Wider Europe Constituency (Denmark, Hungary, Iceland, Norway, Poland, Sweden, Switzerland and the UK).</p><p> </p><p>The UK is an active and committed shareholder of the Bank, in pursuit of the UK’s objectives of supporting economic growth in Asia, deepening economic ties globally, supporting the development of international financial institutions, and creating opportunities for British businesses.</p><p> </p> answering member printed Lord Bates question first answered 25/07/2018 13:23:58 answering member 1091 label Biography information for Lord Bates
	tabling member	1744 label Biography information for Viscount Waverley

1012545

	registered interest
	date	22/11/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Gold and Foreign Exchange Reserves: Venezuela
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government whether they will consider a moratorium on any repatriation of gold held by the Bank of England to the government or Central Bank of Venezuela until such time as they are satisfied that any repatriation meets the best interests of the people of that country.
	tabling member printed	Viscount Waverley
	uin	HL11737
	answer	answer is ministerial correction date of answer 06/12/2018 answer text <p>Holding gold reserves on behalf of any foreign central bank is a matter for the Bank of England. The Bank of England does not share information on which central banks it holds gold reserves on behalf of or the value of that gold as this would contradict their customer confidentiality obligations. Repatriation of any gold held at the Bank of England is ultimately a matter for the Bank of England. HM Treasury only has direct control over Government holdings of gold within its official reserves, which are held at the Bank of England.</p><p>The UK fully implements UN, EU and UK domestic sanctions law. The EU sanctions regime on Venezuela, introduced in November 2017, includes targeted asset freezes applied to a number of senior Government officials in the Maduro regime.</p> answering member printed Lord Bates question first answered 06/12/2018 17:43:17 answering member 1091 label Biography information for Lord Bates
	tabling member	1744 label Biography information for Viscount Waverley

1012161

	registered interest
	date	21/11/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Gold and Foreign Exchange Reserves: Venezuela
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what assessment they have made of (1) the benefits to the UK of holding gold reserves for the central bank of Venezuela, and (2) the value of gold held by the Bank of England for the central bank of Venezuela; and whether they have a role in intervening if a request is made to repatriate any such gold.
	tabling member printed	Viscount Waverley
	uin	HL11688
	answer	answer is ministerial correction date of answer 05/12/2018 answer text <p>HM Treasury is unable to substantiate whether the Bank of England holds gold for the Central Bank of Venezuela as that is a matter for the Bank of England. HM Treasury has not made an assessment of the benefits to the UK of the Bank of England holding gold reserves for other central banks. Holding gold reserves on behalf of any foreign central bank is a matter for the Bank of England. The Bank of England does not share information on which central banks it holds gold reserves on behalf of or the value of that gold as this would contradict their customer confidentiality obligations.</p> answering member printed Lord Bates question first answered 05/12/2018 16:54:39 answering member 1091 label Biography information for Lord Bates
	tabling member	1744 label Biography information for Viscount Waverley

1012162

	registered interest
	date	21/11/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Gold and Foreign Exchange Reserves
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what assessment they have made of (1) the benefits to the UK of holding gold reserves for other central banks, and (2) the value of gold held by the Bank of England for other central banks.
	tabling member printed	Viscount Waverley
	uin	HL11689
	answer	answer is ministerial correction date of answer 05/12/2018 answer text <p>HM Treasury is unable to substantiate whether the Bank of England holds gold for other central banks as that is a matter for the Bank of England. HM Treasury has not made an assessment of the benefits to the UK of the Bank of England holding gold reserves for other central banks. Holding gold reserves on behalf of any foreign central bank is a matter for the Bank of England. The Bank of England does not share information on which central banks it holds gold reserves on behalf of or the value of that gold as this would contradict their customer confidentiality obligations.</p> answering member printed Lord Bates question first answered 05/12/2018 16:48:15 answering member 1091 label Biography information for Lord Bates
	tabling member	1744 label Biography information for Viscount Waverley

1012163

	registered interest
	date	21/11/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Gold and Foreign Exchange Reserves
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government whether they have a role in deciding for which foreign governments and central banks the Bank of England should hold gold reserves; and if so, for which foreign governments and central banks the Bank of England holds gold reserves, and in what quantities.
	tabling member printed	Viscount Waverley
	uin	HL11690
	answer	answer is ministerial correction date of answer 05/12/2018 answer text <p>HM Treasury does not have a role in deciding whether the Bank of England holds gold for foreign governments and central banks. HM Treasury is unable to substantiate whether the Bank of England holds gold for particular foreign governments and central banks as that is a matter for the Bank of England. The Bank of England does not share information on which foreign governments and central banks it holds gold reserves on behalf of or the value of that gold as this would contradict their customer confidentiality obligations.</p> answering member printed Lord Bates question first answered 05/12/2018 16:55:10 answering member 1091 label Biography information for Lord Bates
	tabling member	1744 label Biography information for Viscount Waverley

947131

	registered interest
	date	23/07/2018
	answering body	Home Office
	answering dept id	1
	answering dept short name	Home Office
	answering dept sort name	Home Office
	hansard heading	British Nationals Abroad: EU Countries
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what is their estimate of the numbers of UK citizens residing in other EU member states who do not own property in the UK.
	tabling member printed	Viscount Waverley
	uin	HL9821
	answer	answer is ministerial correction date of answer 06/08/2018 answer text <p>We do not hold this data.</p> answering member printed Baroness Williams of Trafford question first answered 06/08/2018 15:32:02 answering member 4311 label Biography information for Baroness Williams of Trafford
	tabling member	1744 label Biography information for Viscount Waverley

947129

	registered interest
	date	23/07/2018
	answering body	Home Office
	answering dept id	1
	answering dept short name	Home Office
	answering dept sort name	Home Office
	hansard heading	Immigration
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government whether UK citizens not owning property in the UK will be required to satisfy immigration authorities of income and property in the UK when applying for either EU or non-EU spouses and close family members to enter and reside in the UK after Brexit.
	tabling member printed	Viscount Waverley
	uin	HL9819
	answer	answer is ministerial correction date of answer 06/08/2018 answer text <p>The Government is considering a range of options for the future immigration system. We will​ ​build​ ​a​ ​comprehensive​ ​picture​ ​of​ ​the​ ​needs​ ​and​ ​interests​ ​of​ ​all​ ​parts​ ​of​ ​the​ ​UK, including​ ​different​ ​sectors,​ ​businesses​ ​and​ ​communities,​ ​and​ ​look​ ​to​ ​develop​ ​a system​ ​that​ ​works​ ​for​ ​all.​</p><p>We will make decisions on the future immigration system based on evidence and engagement. That is why we have asked the independent Migration Advisory Committee to advise on the economic and social impacts of the UK’s exit from the EU. When building the new system, various aspects including the creative sector will be taken into account, to ensure the future immigration system works for sectors.</p><p>We will set out proposals in the autumn.</p> answering member printed Baroness Williams of Trafford question first answered 06/08/2018 15:51:00 answering member 4311 label Biography information for Baroness Williams of Trafford
	tabling member	1744 label Biography information for Viscount Waverley

947132

	registered interest
	date	23/07/2018
	answering body	Home Office
	answering dept id	1
	answering dept short name	Home Office
	answering dept sort name	Home Office
	hansard heading	Visas
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government how many times in each of the last five years have immigration officers refused permission for a short-term visitor visa on the grounds that they have not been satisfied that the applicant intends to leave the UK at the end of the period being applied for, without giving the applicant the opportunity to provide additional information.
	tabling member printed	Viscount Waverley
	uin	HL9822
	answer	answer is ministerial correction date of answer 06/08/2018 answer text <p>Border Force does not hold the data in the requested format. Published data on refusals can be found at :</p><p><a href="https://www.gov.uk/government/publications/immigration-statistics-year-ending-march-2018/list-of-tables#visas" target="_blank">https://www.gov.uk/government/publications/immigration-statistics-year-ending-march-2018/list-of-tables#visas</a></p><p> </p><p><strong>Table vi_01_q: Entry clearance visa applications and resolution by category</strong></p><p> </p><table><tbody><tr><td><p><strong>Resolved</strong></p></td><td><p>of which</p></td></tr><tr><td><p><strong>Quarter</strong></p></td><td><p><strong>Applicant type</strong></p></td><td><p><strong>Category</strong></p></td><td><p><strong>Applications</strong></p></td><td><p><strong> </strong></p></td><td><p><strong>Granted</strong></p></td><td><p><strong>%</strong></p></td><td><p><strong>Refused</strong></p></td><td><p><strong>%</strong></p></td><td><p><strong>Withdrawn</strong></p></td><td><p><strong>Lapsed</strong></p></td></tr><tr><td><p>2017 Q1</p></td><td><p>Main applicant</p></td><td><p>Visitors</p></td><td><p>466,782</p></td><td><p>440,069</p></td><td><p>382,392</p></td><td><p>87%</p></td><td><p>56,934</p></td><td><p>13%</p></td><td><p>734</p></td><td><p>9</p></td></tr><tr><td><p>2017 Q1</p></td><td><p>Dependant</p></td><td><p>Visitors</p></td><td><p>41,900</p></td><td><p>39,630</p></td><td><p>35,018</p></td><td><p>88%</p></td><td><p>4,519</p></td><td><p>11%</p></td><td><p>93</p></td><td><p>0</p></td></tr><tr><td><p>2017 Q2</p></td><td><p>Main applicant</p></td><td><p>Visitors</p></td><td><p>722,866</p></td><td><p>694,142</p></td><td><p>621,701</p></td><td><p>90%</p></td><td><p>70,927</p></td><td><p>10%</p></td><td><p>1,498</p></td><td><p>16</p></td></tr><tr><td><p>2017 Q2</p></td><td><p>Dependant</p></td><td><p>Visitors</p></td><td><p>122,499</p></td><td><p>112,339</p></td><td><p>104,414</p></td><td><p>93%</p></td><td><p>7,702</p></td><td><p>7%</p></td><td><p>220</p></td><td><p>3</p></td></tr><tr><td><p>2017 Q3</p></td><td><p>Main applicant</p></td><td><p>Visitors</p></td><td><p>535,737</p></td><td><p>580,486</p></td><td><p>510,720</p></td><td><p>88%</p></td><td><p>67,906</p></td><td><p>12%</p></td><td><p>1,848</p></td><td><p>12</p></td></tr><tr><td><p>2017 Q3</p></td><td><p>Dependant</p></td><td><p>Visitors</p></td><td><p>44,330</p></td><td><p>59,635</p></td><td><p>53,532</p></td><td><p>90%</p></td><td><p>5,967</p></td><td><p>10%</p></td><td><p>136</p></td><td><p>0</p></td></tr><tr><td><p>2017 Q4</p></td><td><p>Main applicant</p></td><td><p>Visitors</p></td><td><p>417,610</p></td><td><p>421,871</p></td><td><p>359,120</p></td><td><p>85%</p></td><td><p>61,777</p></td><td><p>15%</p></td><td><p>970</p></td><td><p>4</p></td></tr><tr><td><p>2017 Q4</p></td><td><p>Dependant</p></td><td><p>Visitors</p></td><td><p>34,005</p></td><td><p>34,154</p></td><td><p>29,480</p></td><td><p>86%</p></td><td><p>4,569</p></td><td><p>13%</p></td><td><p>103</p></td><td><p>2</p></td></tr><tr><td><p> </p></td></tr><tr><td><p>2017</p></td><td><p>2,382,326</p></td><td><p>2,096,377</p></td><td><p>88%</p></td><td><p>280,301</p></td><td><p>12%</p></td><td><p>5,602</p></td><td><p>46</p></td></tr></tbody></table> answering member printed Baroness Williams of Trafford question first answered 06/08/2018 15:39:04 answering member 4311 label Biography information for Baroness Williams of Trafford
	tabling member	1744 label Biography information for Viscount Waverley