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778762
star this property registered interest false more like this
star this property date less than 2017-10-27more like thismore than 2017-10-27
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury remove filter
unstar this property hansard heading Financial Services: Technology more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, to which countries he has made representations in respect of building FinTech bridges. more like this
star this property tabling member constituency Islwyn more like this
star this property tabling member printed
Chris Evans remove filter
star this property uin 110116 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-11-03more like thismore than 2017-11-03
star this property answer text <p>FinTech, including opportunities for collaboration in this area, forms a key part of the UK’s bilateral financial services discussions. The UK currently has four FinTech Bridges – with Singapore, the Republic of Korea, China, and Hong Kong.</p><p> </p> more like this
star this property answering member constituency North East Cambridgeshire more like this
star this property answering member printed Stephen Barclay more like this
star this property question first answered
less than 2017-11-03T12:48:48.103Zmore like thismore than 2017-11-03T12:48:48.103Z
star this property answering member
4095
star this property label Biography information for Steve Barclay more like this
star this property tabling member
4040
unstar this property label Biography information for Chris Evans more like this
778761
star this property registered interest false more like this
star this property date less than 2017-10-27more like thismore than 2017-10-27
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury remove filter
unstar this property hansard heading Financial Services: Technology more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, what recent assessment his Department has made of the benefits of FinTech to the UK economy. more like this
star this property tabling member constituency Islwyn more like this
star this property tabling member printed
Chris Evans remove filter
star this property uin 110112 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-11-06more like thismore than 2017-11-06
star this property answer text <p>Fintech offers a significant growth opportunity for the UK economy, providing new jobs, and delivering benefits to consumers through increased competition and innovation in financial services.</p><p> </p><p>The Fintech sector contributes £6.6bn annually to the economy, employing 60,000 people across 1,600 companies.</p><p> </p><p>The government’s ambition is for the UK to consolidate its world-leading position in FinTech and to become the leading global hub for financial innovation. In recent months I have held a roundtable with FinTech firms to discuss how to maximise opportunities for the sector and recently met the regional FinTech envoy to Scotland to discuss the benefits FinTech can offer across the UK.</p> more like this
star this property answering member constituency North East Cambridgeshire more like this
star this property answering member printed Stephen Barclay more like this
star this property question first answered
less than 2017-11-06T11:54:49.58Zmore like thismore than 2017-11-06T11:54:49.58Z
star this property answering member
4095
star this property label Biography information for Steve Barclay more like this
star this property tabling member
4040
unstar this property label Biography information for Chris Evans more like this
515756
star this property registered interest false more like this
star this property date less than 2016-04-26more like thismore than 2016-04-26
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury remove filter
unstar this property hansard heading Credit more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, what estimate he has made of extending real time data sharing to the whole consumer credit market on the level of consumer debt in each of the next three years. more like this
star this property tabling member constituency Islwyn more like this
star this property tabling member printed
Chris Evans remove filter
star this property uin 35568 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2016-05-05more like thismore than 2016-05-05
star this property answer text <p>HM Treasury does not hold information on the effect that sharing data in real time across the whole consumer credit market would have on consumer debt levels, or on wider economic conditions.</p><p> </p><p>The Chancellor of the Exchequer has regular discussions with his Cabinet colleagues on a wide variety of issues. In line with the practice of previous Administrations, details of internal discussions are not normally disclosed.</p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property grouped question UIN
35565 more like this
35566 more like this
star this property question first answered
less than 2016-05-05T11:05:55.3Zmore like thismore than 2016-05-05T11:05:55.3Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin more like this
star this property tabling member
4040
unstar this property label Biography information for Chris Evans more like this
515757
star this property registered interest false more like this
star this property date less than 2016-04-26more like thismore than 2016-04-26
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury remove filter
unstar this property hansard heading Credit more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, what discussions he has had with Cabinet colleagues on the extension of real-time data sharing to the whole consumer credit market. more like this
star this property tabling member constituency Islwyn more like this
star this property tabling member printed
Chris Evans remove filter
star this property uin 35565 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2016-05-05more like thismore than 2016-05-05
star this property answer text <p>HM Treasury does not hold information on the effect that sharing data in real time across the whole consumer credit market would have on consumer debt levels, or on wider economic conditions.</p><p> </p><p>The Chancellor of the Exchequer has regular discussions with his Cabinet colleagues on a wide variety of issues. In line with the practice of previous Administrations, details of internal discussions are not normally disclosed.</p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property grouped question UIN
35566 more like this
35568 more like this
star this property question first answered
less than 2016-05-05T11:05:55.19Zmore like thismore than 2016-05-05T11:05:55.19Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin more like this
star this property tabling member
4040
unstar this property label Biography information for Chris Evans more like this
515758
star this property registered interest false more like this
star this property date less than 2016-04-26more like thismore than 2016-04-26
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury remove filter
unstar this property hansard heading Credit more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, what estimate he has made of the economic benefit of extending real-time data sharing to the whole consumer credit market. more like this
star this property tabling member constituency Islwyn more like this
star this property tabling member printed
Chris Evans remove filter
star this property uin 35566 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2016-05-05more like thismore than 2016-05-05
star this property answer text <p>HM Treasury does not hold information on the effect that sharing data in real time across the whole consumer credit market would have on consumer debt levels, or on wider economic conditions.</p><p> </p><p>The Chancellor of the Exchequer has regular discussions with his Cabinet colleagues on a wide variety of issues. In line with the practice of previous Administrations, details of internal discussions are not normally disclosed.</p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property grouped question UIN
35565 more like this
35568 more like this
star this property question first answered
less than 2016-05-05T11:05:55.253Zmore like thismore than 2016-05-05T11:05:55.253Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin more like this
star this property tabling member
4040
unstar this property label Biography information for Chris Evans more like this
765185
star this property registered interest false more like this
star this property date less than 2017-10-06more like thismore than 2017-10-06
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury remove filter
unstar this property hansard heading Pension Rights: Cohabitation more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 3 March 2017 to Question 652450, what assessment he has made of the implications for his policies of the judgment of the Supreme Court of 8 February 2017 in the matter of an application by Denise Brewster for Judicial Review (Northern Ireland) [2017] UKSC8; and whether schemes will be required to revisit past cases where a survivor's pension was refused because no nomination had been made. more like this
star this property tabling member constituency Islwyn more like this
star this property tabling member printed
Chris Evans remove filter
star this property uin 105675 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-10-16more like thismore than 2017-10-16
star this property answer text <p>HM Treasury officials wrote out to public sector pension schemes in England, Wales, Scotland and Northern Ireland on 6 April 2017. The letter made clear that cases like that of Ms Brewster should be dealt with in line with the UK Supreme Court’s decision. Cases previously refused solely because of a lack of nomination form should be reconsidered and schemes should pay survivor benefits from the date of the member’s death in eligible cases, regardless of when a claim is made.</p><p> </p> more like this
star this property answering member constituency South West Norfolk more like this
star this property answering member printed Elizabeth Truss more like this
star this property question first answered
less than 2017-10-16T14:09:36.97Zmore like thismore than 2017-10-16T14:09:36.97Z
star this property answering member
4097
star this property label Biography information for Elizabeth Truss more like this
star this property tabling member
4040
unstar this property label Biography information for Chris Evans more like this
809007
star this property registered interest false more like this
star this property date less than 2017-12-18more like thismore than 2017-12-18
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury remove filter
unstar this property hansard heading Cryptocurrencies: Tax Collection more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, whether the Government has made an estimate of potential savings to the public purse arising from UK taxpayers being able to pay their taxes in digital currencies. more like this
star this property tabling member constituency Islwyn more like this
star this property tabling member printed
Chris Evans remove filter
star this property uin 120116 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-12-20more like thismore than 2017-12-20
star this property answer text <p>HMRC does not currently offer digital currencies as a payment method and there are no plans to do so in the future.</p> more like this
star this property answering member constituency Central Devon more like this
star this property answering member printed Mel Stride more like this
star this property question first answered
less than 2017-12-20T17:17:17.307Zmore like thismore than 2017-12-20T17:17:17.307Z
star this property answering member
3935
star this property label Biography information for Mel Stride more like this
star this property tabling member
4040
unstar this property label Biography information for Chris Evans more like this
809009
star this property registered interest false more like this
star this property date less than 2017-12-18more like thismore than 2017-12-18
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury remove filter
unstar this property hansard heading Money Laundering: Cryptocurrencies more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, whether under the 4th Money Laundering Directive there are minimum transaction thresholds below which customer due diligence is not required for trade and investment in digital currencies. more like this
star this property tabling member constituency Islwyn more like this
star this property tabling member printed
Chris Evans remove filter
star this property uin 120118 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-12-21more like thismore than 2017-12-21
star this property answer text <p>The European Union's Fourth Anti Money Laundering Directive (4MLD) was implemented into UK legislation by 'The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017', which came in to force on 26 June 2017. Digital currency exchanges are not regulated for the purposes of 4MLD, so there is no requirement to undertake Customer Due Diligence for trade and investment in digital currencies at present.</p><p> </p><p>The government has however committed to bringing digital currencies into the scope of anti-money laundering and counter terrorist financing (AML/CTF) regulation. Provisional political agreement has recently been reached at EU-level to amend 4MLD to bring digital currency exchange platforms and custodian wallet providers into the AML/CTF regime.</p><p> </p><p>These amendments will require Member States to oblige these entities to conduct customer due diligence when establishing a business relationship, when carrying out occasional transactions of €15,000 or more, when carrying out a transfer of funds exceeding €1,000, where there is a suspicion of money laundering or terrorist financing, and when there are doubts about the veracity or adequacy of previously obtained customer identification data.</p>
star this property answering member constituency North East Cambridgeshire more like this
star this property answering member printed Stephen Barclay more like this
star this property question first answered
less than 2017-12-21T11:51:14.047Zmore like thismore than 2017-12-21T11:51:14.047Z
star this property answering member
4095
star this property label Biography information for Steve Barclay more like this
star this property tabling member
4040
unstar this property label Biography information for Chris Evans more like this
809006
star this property registered interest false more like this
star this property date less than 2017-12-18more like thismore than 2017-12-18
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury remove filter
unstar this property hansard heading Cryptocurrencies more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, what the value of assets held by the Government in digital currencies is. more like this
star this property tabling member constituency Islwyn more like this
star this property tabling member printed
Chris Evans remove filter
star this property uin 120115 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-12-20more like thismore than 2017-12-20
star this property answer text <p>The Government does not have any holdings of digital currencies.</p> more like this
star this property answering member constituency North East Cambridgeshire more like this
star this property answering member printed Stephen Barclay more like this
star this property question first answered
less than 2017-12-20T17:00:24.013Zmore like thismore than 2017-12-20T17:00:24.013Z
star this property answering member
4095
star this property label Biography information for Steve Barclay more like this
star this property tabling member
4040
unstar this property label Biography information for Chris Evans more like this
809008
star this property registered interest false more like this
star this property date less than 2017-12-18more like thismore than 2017-12-18
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury remove filter
unstar this property hansard heading Deposits: Cryptocurrencies more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, whether the Government plans to introduce deposit guarantee protections for consumers holding digital currencies. more like this
star this property tabling member constituency Islwyn more like this
star this property tabling member printed
Chris Evans remove filter
star this property uin 120117 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-12-21more like thismore than 2017-12-21
star this property answer text <p>The Government has no current plans to introduce deposit guarantee protections for consumers holding digital currencies, but keeps all policy under review.</p> more like this
star this property answering member constituency North East Cambridgeshire more like this
star this property answering member printed Stephen Barclay more like this
star this property question first answered
less than 2017-12-21T11:02:53.223Zmore like thismore than 2017-12-21T11:02:53.223Z
star this property answering member
4095
star this property label Biography information for Steve Barclay more like this
star this property tabling member
4040
unstar this property label Biography information for Chris Evans more like this