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1139320
unstar this property registered interest false more like this
star this property date less than 2019-07-16more like thismore than 2019-07-16
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Government Securities: Islam 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 the Chancellor of the Exchequer, with reference to his Mansion House speech of 20 June 2019, when he plans to issue a second sovereign sukuk; and if he will make a statement. more like this
star this property tabling member constituency East Ham more like this
star this property tabling member printed
Stephen Timms remove filter
unstar this property uin 277615 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-22more like thismore than 2019-07-22
star this property answer text <p>Over the coming weeks the relevant teams at HM Treasury will work with the Debt Management Office and other officials on formulating the procurement process for the appointment of structuring and legal advisers. A specific timetable has not yet been determined for this. Further announcements, including on the timing of the issuance, will be made in due course.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property grouped question UIN 277780 more like this
star this property question first answered
less than 2019-07-22T13:58:59.863Zmore like thismore than 2019-07-22T13:58:59.863Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
163
star this property label Biography information for Sir Stephen Timms more like this
1139321
unstar this property registered interest false more like this
star this property date less than 2019-07-16more like thismore than 2019-07-16
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Financial Services: Islam 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 the Chancellor of the Exchequer, what assessment the Government has made of the potential merits of using Islamic financial certificates, sukuk to finance infrastructure projects without adding to Government debt on the public sector balance sheet; and if he will make a statement. more like this
star this property tabling member constituency East Ham more like this
star this property tabling member printed
Stephen Timms remove filter
unstar this property uin 277616 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-22more like thismore than 2019-07-22
star this property answer text The proceeds from the Sukuk, like the proceeds from the wider gilt programme, flow into the consolidated fund. This is used for general expenditure, including expenditure on infrastructure. The government considers the core gilt program rather than the Sukuk to be the most cost-effective way of raising money for expenditure, including that of infrastructure projects. The main purpose behind the decision to issue a second Sukuk is to reaffirm the government’s commitment to the UK being the Western hub for Islamic finance, whilst also providing high-quality liquid assets to UK-based Islamic banks. more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property grouped question UIN 277781 more like this
star this property question first answered
less than 2019-07-22T14:01:35.697Zmore like thismore than 2019-07-22T14:01:35.697Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
163
star this property label Biography information for Sir Stephen Timms more like this
1229767
unstar this property registered interest false more like this
star this property date less than 2020-08-28more like thismore than 2020-08-28
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Pensions 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 the Chancellor of the Exchequer, what plans he has to increase the minimum age at which people can access their private pension under the tax rules; and if he will make a statement more like this
star this property tabling member constituency East Ham more like this
star this property tabling member printed
Stephen Timms remove filter
unstar this property uin 81494 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2020-09-03more like thismore than 2020-09-03
star this property answer text <p>In 2014 the government announced it would increase the minimum pension age to 57 from 2028, reflecting trends in longevity and encouraging individuals to remain in work, while also helping to ensure pension savings provide for later life.</p><p> </p><p>That announcement set out the timetable for this change well in advance to enable people to make financial plans and will be legislated for in due course.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2020-09-03T09:19:14.13Zmore like thismore than 2020-09-03T09:19:14.13Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
163
star this property label Biography information for Sir Stephen Timms more like this
1231853
unstar this property registered interest false more like this
star this property date less than 2020-09-07more like thismore than 2020-09-07
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Pensions 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 the Chancellor of the Exchequer, pursuant to the Answer of 3 September to Question 81494 on Pensions, on what date he is planning for that change to take effect. more like this
star this property tabling member constituency East Ham more like this
star this property tabling member printed
Stephen Timms remove filter
unstar this property uin 85929 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2020-09-10more like thismore than 2020-09-10
star this property answer text <p>In 2014 the government announced it would increase the minimum pension age to 57 from 2028, reflecting trends in longevity and encouraging individuals to remain in work, while also helping to ensure pension savings provide for later life.</p><p> </p><p>Further details, and plans for legislation, will be published in due course.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2020-09-10T12:51:25.273Zmore like thismore than 2020-09-10T12:51:25.273Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
163
star this property label Biography information for Sir Stephen Timms more like this
1258237
unstar this property registered interest false more like this
star this property date less than 2020-12-03more like thismore than 2020-12-03
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Pension Wise 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 the Chancellor of the Exchequer, with reference to Q82 of the oral evidence taken before the Treasury Committee on 4 November 2020, HC950, what plans the Financial Conduct Authority has to set a target for take-up of Pensions Wise. more like this
star this property tabling member constituency East Ham more like this
star this property tabling member printed
Stephen Timms remove filter
unstar this property uin 124647 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2020-12-08more like thismore than 2020-12-08
star this property answer text <p>This is a matter for the Financial Conduct Authority (FCA), which is operationally independent from Government. The question has been passed on to the FCA. The FCA will reply directly to the right honourable Gentleman’s question by letter. A copy of the letter will be placed in the Library of the House.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2020-12-08T14:08:46.083Zmore like thismore than 2020-12-08T14:08:46.083Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
163
star this property label Biography information for Sir Stephen Timms more like this
1338666
unstar this property registered interest false more like this
star this property date less than 2021-06-22more like thismore than 2021-06-22
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Financial Services: Fraud 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 What recent discussions he has had with the Financial Conduct Authority on tackling online financial crime. more like this
star this property tabling member constituency East Ham more like this
star this property tabling member printed
Stephen Timms remove filter
unstar this property uin 901634 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2021-06-22more like thismore than 2021-06-22
star this property answer text <p>Whilst the FCA is an independent, non-governmental regulator, the Treasury, as the department jointly responsible for economic crime policy with Home Office, is in regular contact with the FCA on matters to do with online financial crime. I can confirm that my officials hold regular discussions with their FCA counterparts on these issues, including on the delivery of the Economic Crime Plan, the prevention of online harms, including financial promotions and online fraud, and issues related to anti-money laundering supervision. In addition, the FCA is a member of the Economic Crime Strategic Board, through which the government, regulators, law enforcement, and industry discuss and drive forward the UK’s overall response to economic crime.</p><p><strong> </strong></p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2021-06-22T13:27:08.027Zmore like thismore than 2021-06-22T13:27:08.027Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
163
star this property label Biography information for Sir Stephen Timms more like this
1356806
unstar this property registered interest false more like this
star this property date less than 2021-09-20more like thismore than 2021-09-20
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Workplace Pensions 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 the Chancellor of the Exchequer, what changes HMRC made to the process for registering occupational pension schemes in (a) 2006 and (b) 2014; and what the reasons were for those changes . more like this
star this property tabling member constituency East Ham more like this
star this property tabling member printed
Stephen Timms remove filter
unstar this property uin 51578 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2021-09-23more like thismore than 2021-09-23
star this property answer text <p>HMRC is responsible for registering pension schemes where they wish to benefit from the tax reliefs available to pensions.</p><p> </p><p>As a result of pension tax simplification, pension scheme registration was moved to a new online digital system in 2006.</p><p> </p><p>As part of a wider government response to concerns surrounding pension scams, in 2014 legislation was introduced to enable HMRC to refuse registration where the scheme administrators were not considered to be fit and proper.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2021-09-23T13:44:10.84Zmore like thismore than 2021-09-23T13:44:10.84Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
163
star this property label Biography information for Sir Stephen Timms more like this
1363025
unstar this property registered interest false more like this
star this property date less than 2021-10-25more like thismore than 2021-10-25
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Electronic Funds Transfer: Fees and Charges 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 the Chancellor of the Exchequer, what plans he has to ensure all payment service providers publish the total costs they charge, including sending and receiving fees, costs charged by any intermediaries, foreign exchange rate and currency conversion charges; and if he will make a statement. more like this
star this property tabling member constituency East Ham more like this
star this property tabling member printed
Stephen Timms remove filter
unstar this property uin 62565 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2021-10-28more like thismore than 2021-10-28
star this property answer text <p>The Government recognises the importance of transparency of fees and charges in ensuring effective competition between payment service providers.</p><p> </p><p>The Payment Services Regulations 2017 make several requirements on UK payment service providers regarding disclosure of fees and charges to the payer, for example, the exchange rate used for a currency conversion transaction. Provisions under the Cross Border Payments Regulation, which continue to apply in the UK as part of retained EU law, also contribute to price transparency, with further requirements regarding how foreign exchange costs are communicated before a payment is made.</p><p> </p><p>These regulations, amongst other things, are intended to enable consumers to make informed decisions when making use of payment services including where currency conversion is offered. The Financial Conduct Authority (FCA) is the relevant regulatory authority with responsibility for monitoring and enforcing these requirements. Should the FCA have concerns regarding firms’ compliance with the requirements, it will take appropriate action as necessary.</p>
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property grouped question UIN 62566 more like this
star this property question first answered
less than 2021-10-28T11:38:39.907Zmore like thismore than 2021-10-28T11:38:39.907Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
163
star this property label Biography information for Sir Stephen Timms more like this
1363026
unstar this property registered interest false more like this
star this property date less than 2021-10-25more like thismore than 2021-10-25
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Foreign Exchange: Fees and Charges 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 the Chancellor of the Exchequer, what plans he has to enforce cross border payments price transparency in line with the Cross Border Payments Regulation 2; and if he will make a statement. more like this
star this property tabling member constituency East Ham more like this
star this property tabling member printed
Stephen Timms remove filter
unstar this property uin 62566 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2021-10-28more like thismore than 2021-10-28
star this property answer text <p>The Government recognises the importance of transparency of fees and charges in ensuring effective competition between payment service providers.</p><p> </p><p>The Payment Services Regulations 2017 make several requirements on UK payment service providers regarding disclosure of fees and charges to the payer, for example, the exchange rate used for a currency conversion transaction. Provisions under the Cross Border Payments Regulation, which continue to apply in the UK as part of retained EU law, also contribute to price transparency, with further requirements regarding how foreign exchange costs are communicated before a payment is made.</p><p> </p><p>These regulations, amongst other things, are intended to enable consumers to make informed decisions when making use of payment services including where currency conversion is offered. The Financial Conduct Authority (FCA) is the relevant regulatory authority with responsibility for monitoring and enforcing these requirements. Should the FCA have concerns regarding firms’ compliance with the requirements, it will take appropriate action as necessary.</p>
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property grouped question UIN 62565 more like this
star this property question first answered
less than 2021-10-28T11:38:39.97Zmore like thismore than 2021-10-28T11:38:39.97Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
163
star this property label Biography information for Sir Stephen Timms more like this
1366897
unstar this property registered interest false more like this
star this property date less than 2021-11-08more like thismore than 2021-11-08
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Foreign Exchange: Fees and Charges 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 the Chancellor of the Exchequer, pursuant to the Answer of 28 October 2021 to Question 62566, what plans he has to require banks to show the difference between the mid-market (interbank) exchange rate and the rate they use when offering foreign exchange products to customers; and if he will make a statement. more like this
star this property tabling member constituency East Ham more like this
star this property tabling member printed
Stephen Timms remove filter
unstar this property uin 71263 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2021-11-15more like thismore than 2021-11-15
star this property answer text <p>The Government recognises the importance of transparency of fees and charges in protecting consumers and ensuring effective competition between payment service providers (PSPs) such as banks. To this end, the UK has regulatory requirements in place to ensure that currency conversation rates are clearly communicated to customers before a transaction takes place.</p><p> </p><p>The Government has no plans at this time to amend these requirements, but keeps all policy under review.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen remove filter
star this property question first answered
less than 2021-11-15T14:08:13.39Zmore like thismore than 2021-11-15T14:08:13.39Z
star this property answering member
4051
unstar this property label Biography information for John Glen more like this
star this property tabling member
163
star this property label Biography information for Sir Stephen Timms more like this