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809064

	registered interest
	date	18/12/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Payments: EU Law
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, for what reasons the Financial Conduct Authority uses a different definition of Account In formation service Providers to that (a) defined by his Department in the Payment Services Regulations 2017 and (b) set out in the Second Payment Services Directive.
	tabling member constituency	Newcastle upon Tyne Central
	tabling member printed	Chi Onwurah
	uin	120173
	answer	answer is ministerial correction date of answer 21/12/2017 answer text <p>The Financial Conduct Authority uses the definition of account information service providers that is set out in the Payment Services Regulations. The Regulations transpose Payment Services Directive 2 (PSD2) into UK law.</p><p> </p><p>Any difference in language between the definition in the Regulations and the definition in PSD2 is due to providing additional clarity on the meaning of Account Information Service Providers. The additional clarity provided by the definition set out in the Regulations is informed by the relevant recitals contained within PSD2.</p><p> </p><p>As an EU Directive does not have direct effect, EU member states must transpose this into their national legislation. It is normal for certain differences to exist in the legislation which transposes the directive.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay grouped question UIN 120187 question first answered 21/12/2017 10:48:14 answering member 4095 label Biography information for Steve Barclay
	tabling member	4124 label Biography information for Chi Onwurah

809078

	registered interest
	date	18/12/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Financial Services: Disclosure of Information
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, for what reasons the Financial Conduct Authority uses a different definition of Account Information Service Providers to that used in other EU member states.
	tabling member constituency	Newcastle upon Tyne Central
	tabling member printed	Chi Onwurah
	uin	120187
	answer	answer is ministerial correction date of answer 21/12/2017 answer text <p>The Financial Conduct Authority uses the definition of account information service providers that is set out in the Payment Services Regulations. The Regulations transpose Payment Services Directive 2 (PSD2) into UK law.</p><p> </p><p>Any difference in language between the definition in the Regulations and the definition in PSD2 is due to providing additional clarity on the meaning of Account Information Service Providers. The additional clarity provided by the definition set out in the Regulations is informed by the relevant recitals contained within PSD2.</p><p> </p><p>As an EU Directive does not have direct effect, EU member states must transpose this into their national legislation. It is normal for certain differences to exist in the legislation which transposes the directive.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay grouped question UIN 120173 question first answered 21/12/2017 10:48:14 answering member 4095 label Biography information for Steve Barclay
	tabling member	4124 label Biography information for Chi Onwurah

384638

	registered interest
	date	22/06/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Royal Bank of Scotland: ICT
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, for what reasons the weaknesses that led to problems with IT systems in RBS in June 2015 were not identified as risks in the National Infrastructure Plan, published in 2013; and what discussions he has had with the Centre for the Protection of National Infrastructure on those problems.
	tabling member constituency	Newcastle upon Tyne Central
	tabling member printed	Chi Onwurah
	uin	3608
	answer	answer is ministerial correction date of answer 25/06/2015 answer text <p>Responsibility for information technology infrastructure in the UK financial sector is primarily for the firms themselves. However, the Financial Authorities have a role to play in supervising, coordinating and driving change to improve the operational resilience of the sector.</p><p> </p><p> </p><p> </p><p>The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) jointly launched, in October 2014, a review of firms’ critical infrastructure and technology resilience. The review focuses on the most significant UK retail deposit-taking organisations and is expected to conclude later this summer. The results will not be published but the FCA and PRA will provide feedback to the firms individually on their findings and any follow-up actions.</p><p> </p><p> </p><p> </p><p>The risk of a bank experiencing severe and prolonged technical problems affecting its core infrastructure is included as an example of technical failure in the 2015 edition of the National Risk Register of Civil Emergencies published by the Cabinet Office and available at: <a href="https://www.gov.uk/government/publications/national-risk-register-for-civil-emergencies-2015-edition" target="_blank">https://www.gov.uk/government/publications/national-risk-register-for-civil-emergencies-2015-edition</a>.</p><p> </p><p> </p><p> </p> answering member constituency West Worcestershire answering member printed Harriett Baldwin grouped question UIN 3607 3609 question first answered 25/06/2015 16:23:17 answering member 4107 label Biography information for Harriett Baldwin
	tabling member	4124 label Biography information for Chi Onwurah

176725

	registered interest
	date	29/01/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	VAT
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, how much VAT was refunded under COS14 rules in each of the last three financial years.
	tabling member constituency	Newcastle upon Tyne Central
	tabling member printed	Chi Onwurah
	uin	222664
	answer	answer is ministerial correction date of answer 26/03/2015 answer text <p>The VAT refunded under COS14 rules was £990m in 2011-12, £1,050m in 2012-13, and £960m in 2013-14.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 26/03/2015 13:31:32 answering member 1529 label Biography information for Mr David Gauke
	tabling member	4124 label Biography information for Chi Onwurah

659465

	registered interest
	date	15/12/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Stamp Duty Land Tax
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, how much additional tax revenue his Department has collected since 1 April 2016 as a result of stamp duty reform.
	tabling member constituency	Newcastle upon Tyne Central
	tabling member printed	Chi Onwurah
	uin	57920
	answer	answer is ministerial correction date of answer 20/12/2016 answer text <p>Historical monthly Stamp Duty Land Tax (SDLT) receipts are published in HMRC's 'Tax &amp; NIC Receipts' publication, which is available at:</p><p><a href="https://www.gov.uk/government/statistics/hmrc-tax-and-nics-receipts-for-the-uk" target="_blank">https://www.gov.uk/government/statistics/hmrc-tax-and-nics-receipts-for-the-uk</a>.</p><p> </p><p>Further analysis, including estimated receipts from the higher rate of SDLT on ‘additional properties’ from 1 April 2016, is published in 'Quarterly Stamp Duty Statistics', available at: <a href="https://www.gov.uk/government/statistics/quarterly-stamp-duty-statistics" target="_blank">https://www.gov.uk/government/statistics/quarterly-stamp-duty-statistics</a></p> answering member constituency Battersea answering member printed Jane Ellison question first answered 20/12/2016 10:45:48 answering member 3918 label Biography information for Jane Ellison
	tabling member	4124 label Biography information for Chi Onwurah

179525

	registered interest
	date	12/02/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Training
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, how much his Department spent on training in each of the last three financial years.
	tabling member constituency	Newcastle upon Tyne Central
	tabling member printed	Chi Onwurah
	uin	224522
	answer	answer is ministerial correction date of answer 17/03/2015 answer text <p>The table below shows how much HM Treasury spent on training in the last six full financial years, and the training budget for each of those years.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><table><tbody><tr><td><p>Financial Year</p></td><td><p>Total staff training costs</p></td><td><p>Training budget</p></td></tr><tr><td><p>2013/14</p></td><td><p>£774,689</p></td><td><p>£1,494,452</p></td></tr><tr><td><p>2012/13</p></td><td><p>£656,790</p></td><td><p>£1,697,037</p></td></tr><tr><td><p>2011/12</p></td><td><p>£819,847</p></td><td><p>£2,147,479</p></td></tr><tr><td><p>2010/11</p></td><td><p>£1,169,237</p></td><td><p>£1,793,392</p></td></tr><tr><td><p>2009/10</p></td><td><p>£2,369,560</p></td><td><p>£2,908,638</p></td></tr><tr><td><p>2008/09</p></td><td><p>£2,282,714</p></td><td><p>£3,125,260</p></td></tr><tr><td> </td><td> </td><td> </td></tr></tbody></table><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p>Records on number of staff training days are not held centrally and could only be provided at disproportionate costs.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p>HM Treasury provides guidance to staff including managers that all civil servants are entitled to a minimum of 5 days a year for learning which can include training, seminars, mentoring, and other professional and job-based development.</p><p> </p><p> </p><p> </p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom grouped question UIN 224435 224484 224503 question first answered 17/03/2015 17:26:31 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	4124 label Biography information for Chi Onwurah

427032

	registered interest
	date	09/11/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	National Infrastructure Commission
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, how the Government decided on the priorities for the National Infrastructure Commission; and for what reason digital connectivity was not chosen as one of those providers.
	tabling member constituency	Newcastle upon Tyne Central
	tabling member printed	Chi Onwurah
	uin	15687
	answer	answer is ministerial correction date of answer 16/11/2015 answer text <p>The Commission’s first three priority studies concern some of the most pressing infrastructure issues facing the country. They were chosen because independent quality advice will help Government make a better decision and accelerate the process of getting infrastructure built. The Commission will examine digital connectivity when it conducts its first long-term needs assessment.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 16/11/2015 15:58:20 answering member 1526 label Biography information for Greg Hands
	tabling member	4124 label Biography information for Chi Onwurah

539721

	registered interest
	date	18/07/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Women in Finance Charter
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, if he will encourage companies to sign up to the Women in Finance Charter.
	tabling member constituency	Newcastle upon Tyne Central
	tabling member printed	Chi Onwurah
	uin	43106
	answer	answer is ministerial correction date of answer 21/07/2016 answer text <p>The government launched the HM Treasury Women in Finance Charter to take forward Jayne-Anne Gadhia’s recommendations following her review into the representation of senior women in financial services.</p><p> </p><p>Firms that have signed the Charter are committed to implementing four key industry actions to improve gender diversity in financial services. On 11 July the government announced that 72 firms have signed the Charter. Together these firms employ over 530,000 people in the UK, with headquarters across the UK, USA, Europe and Asia.</p><p> </p><p>Harnessing the talents of women in financial services is one of the government’s key priorities and we are committed to encouraging as many financial services firms as possible to sign the Women in Finance Charter.</p> answering member constituency Brighton, Kemptown answering member printed Simon Kirby question first answered 21/07/2016 15:12:55 answering member 3929 label Biography information for Simon Kirby
	tabling member	4124 label Biography information for Chi Onwurah

542315

	registered interest
	date	21/07/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Women in Finance Charter
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, if he will encourage technology companies to sign up to the Women in Finance Charter.
	tabling member constituency	Newcastle upon Tyne Central
	tabling member printed	Chi Onwurah
	uin	43940
	answer	answer is ministerial correction date of answer 05/09/2016 answer text <p>The government launched the HM Treasury Women in Finance Charter to take forward Jayne-Anne Gadhia’s recommendations following her review into the representation of senior women in financial services.</p><p> </p><p>Firms that have signed the Charter are committed to implementing four key industry actions to improve gender diversity in financial services. On 11 July the government announced that 72 firms have signed the Charter, including a number of financial technology (fintech) firms. Together these firms employ over 530,000 people in the UK, with headquarters across the UK, USA, Europe and Asia.</p><p> </p><p>Harnessing the talents of women in financial services is one of the government’s key priorities and we are committed to ensuring that as many financial services firms as possible, including fintechs, sign the Women in Finance Charter.</p> answering member constituency Brighton, Kemptown answering member printed Simon Kirby question first answered 05/09/2016 13:05:39 answering member 3929 label Biography information for Simon Kirby
	tabling member	4124 label Biography information for Chi Onwurah

176723

	registered interest
	date	29/01/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Public Sector: Procurement
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, if he will make an assessment of the effect of COS14 VAT rules on public sector procurement of off the shelf software services.
	tabling member constituency	Newcastle upon Tyne Central
	tabling member printed	Chi Onwurah
	uin	222663
	answer	answer is ministerial correction date of answer 11/02/2015 answer text <p>HM<ins> </ins>R<ins>evenue and </ins>C<ins>ustoms (HMRC)</ins> does not hold any data on the purchase of off the shelf software, by the public sector.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 11/02/2015 16:52:54 answering member 1529 label Biography information for Mr David Gauke
	tabling member	4124 label Biography information for Chi Onwurah