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1037836

registered interest
date	08/01/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Distributed Ledger Technology
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what (a) fiscal and (b) regulatory steps his Department is taking to (i) support UK and (ii) encourage overseas blockchain and crypto-based companies establish themselves in the UK.
tabling member constituency	Walsall North
tabling member printed	Eddie Hughes
uin	206446
answer	answer is ministerial correction date of answer 11/01/2019 answer text <p>The Government has invested over £10 million through Innovate UK and the research councils to support a wide variety of DLT related projects. The Government has also created a £20 million GovTech Catalyst Fund to explore technology-based solutions for public sector challenges, potentially including the use of DLT.</p><p> </p><p>The Government set out its approach to cryptoassets and the underlying distributed ledger technology (DLT) in the report of the Cryptoassets Taskforce<sub><sub>[1]</sub></sub>. The Government wants to encourage responsible development of legitimate distributed ledger technology (DLT) and cryptoasset-related activity in the UK, while also mitigating risks.</p><p> </p><p>The financial regulators continue to provide a platform that facilitates innovation and the development of new technologies in the financial system. For example, the Financial Conduct Authority has accepted a significant number of DLT-based projects into its Regulatory Sandbox. The Bank of England has also committed to ensure that its new RTGS service will be compatible with DLT-based payment systems.</p><p>[1] The full report of the HM Treasury/Financial Conduct Authority/Bank of England Cryptoassets Taskforce is available here: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf</p> answering member constituency Salisbury answering member printed John Glen question first answered 11/01/2019 11:18:43 answering member 4051 label Biography information for John Glen
tabling member	4635 label Biography information for Eddie Hughes

78820

registered interest
date	17/07/2014
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Social Security Benefits
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Work and Pensions, what assessment he has made of the potential effect on claimants of extending the waiting-day period for new benefit claims from three to seven days; and whether he will make a statement.
tabling member constituency	Birkenhead
tabling member printed	Mr Frank Field
uin	206446
answer	answer is ministerial correction date of answer 22/07/2014 answer text <p /> <p /> <p>The principle behind the waiting days policy is that benefits are not intended to provide financial support for very brief breaks in employment or periods of sickness. The waiting days change should not be seen in isolation but as part of a package of new support measures designed to help people to return to work. Our assessment of the effects of the change is continuing.</p> answering member constituency Wirral West answering member printed Esther McVey question first answered 22/07/2014 16:59:56 answering member 4084 label Biography information for Esther McVey
tabling member	478 label Biography information for Lord Field of Birkenhead