The International Accounting Standards and European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2019 transfer the European Commission\u2019s powers to endorse and adopt International Accounting Standards (IAS) to the Secretary of State. It also provides for these powers to be sub-delegated to a UK body. The policy intention is that the sub-delegation to a UK Endorsement Board will be performed by an affirmative SI later this year. Until then, the responsibility to endorse and adopt IAS for use in the UK will lie with my rt. hon. Friend the Secretary of State. He will be supported in this role by the FRC and, once appointed, the Endorsement Board secretariat staff. Recruitment is currently underway.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4487", "label" : {"_value" : "Biography information for Kelly Tolhurst"} } , "answeringMemberConstituency" : {"_value" : "Rochester and Strood"} , "answeringMemberPrinted" : {"_value" : "Kelly Tolhurst"} , "dateOfAnswer" : {"_value" : "2019-03-26", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-03-26T15:10:08.113Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2019-03-21", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "UK Endorsement Board"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the oral contribution of 20 March 2019 of the Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy Kelly Tolhurst to the Eighth Delegated Legislation Committee on the Draft International Accounting Standards and European Public Limited-Liability Company (amendment etc.) (EU Exit) Regulations 2019, Official Report, column 8, who will carry out the work that the endorsement board will be responsible for until that body is constituted.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4061", "label" : {"_value" : "Biography information for Bill Esterson"} } , "tablingMemberConstituency" : {"_value" : "Sefton Central"} , "tablingMemberPrinted" : [{"_value" : "Bill Esterson"} ], "uin" : "235296"} , {"_about" : "http://data.parliament.uk/resources/1061184", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1061184/answer", "answerText" : {"_value" : "
BEIS is leading one of the largest programmes of EU exit deliver across government. We have recruited 700 new staff to work on EU Exit Policy.<\/p>
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We are in the process of delivering a huge secondary legislation programme to ensure a functioning statute book on exit day. As of today, BEIS has laid 62 exit related statutory instruments, including new laws for a nuclear safeguards regime that will maintain the UK industry\u2019s ability to trade in the nuclear sector while ensuring the UK remains on track to meet its international obligations on day one of exit, and plan to lay the remaining instruments by the end of this month.<\/p>
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We have also published 28 technical notices, including on oil and gas, climate change, company law and state aid. These will continue to be updated.<\/p>
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BEIS also continues to work closely with the rest of government on EU Exit issues, to ensure a cohesive approach is taken to support businesses. BEIS has contributed to cross-government information programmes, such as helping to develop the EU Exit business Q&A tool, which was been used over 20,000 times.<\/p>
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BEIS continues to meet with key stakeholders across all sectors to inform our approach and will continue to use their expertise. For example, we have met with over 3,000 businesses to date.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4487", "label" : {"_value" : "Biography information for Kelly Tolhurst"} } , "answeringMemberConstituency" : {"_value" : "Rochester and Strood"} , "answeringMemberPrinted" : {"_value" : "Kelly Tolhurst"} , "dateOfAnswer" : {"_value" : "2019-02-20", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "previousAnswerVersion" : {"_about" : "http://data.parliament.uk/resources/1061184/answer/previousversion/103209", "answeringMember" : {"_about" : "http://data.parliament.uk/members/4487", "label" : {"_value" : "Biography information for Kelly Tolhurst"} } , "answeringMemberConstituency" : {"_value" : "Rochester and Strood"} , "answeringMemberPrinted" : {"_value" : "Kelly Tolhurst"} } , "questionFirstAnswered" : [{"_value" : "2019-02-20T17:35:10.927Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2019-02-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Department for Business, Energy and Industrial Strategy: Brexit"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent progress has been made on his Department\u2019s preparations for the UK leaving the EU.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4061", "label" : {"_value" : "Biography information for Bill Esterson"} } , "tablingMemberConstituency" : {"_value" : "Sefton Central"} , "tablingMemberPrinted" : [{"_value" : "Bill Esterson"} ], "uin" : "221712"} , {"_about" : "http://data.parliament.uk/resources/1061186", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1061186/answer", "answerText" : {"_value" : "
This information is not held centrally and can only be obtained at disproportionate cost.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4068", "label" : {"_value" : "Biography information for Lord Harrington of Watford"} } , "answeringMemberConstituency" : {"_value" : "Watford"} , "answeringMemberPrinted" : {"_value" : "Richard Harrington"} , "dateOfAnswer" : {"_value" : "2019-02-20", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "previousAnswerVersion" : {"_about" : "http://data.parliament.uk/resources/1061186/answer/previousversion/103207", "answeringMember" : {"_about" : "http://data.parliament.uk/members/4068", "label" : {"_value" : "Biography information for Lord Harrington of Watford"} } , "answeringMemberConstituency" : {"_value" : "Watford"} , "answeringMemberPrinted" : {"_value" : "Richard Harrington"} } , "questionFirstAnswered" : [{"_value" : "2019-02-20T16:02:28.427Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2019-02-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Department for Business, Energy and Industrial Strategy: Brexit"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, how many civil servants in his Department are working on each workstream on the UK leaving the EU.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4061", "label" : {"_value" : "Biography information for Bill Esterson"} } , "tablingMemberConstituency" : {"_value" : "Sefton Central"} , "tablingMemberPrinted" : [{"_value" : "Bill Esterson"} ], "uin" : "221714"} , {"_about" : "http://data.parliament.uk/resources/1061187", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1061187/answer", "answerText" : {"_value" : "
The Department\u2019s objectives are to deliver an ambitious industrial strategy; maximise investment opportunities and bolster UK interests as we leave the EU; promote competitive markets and responsible business practices; ensure the UK has a reliable, low cost and clean energy system; and to build a flexible, innovative, collaborative and business-facing department.<\/p>
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The workstreams to achieve these objectives are set out the BEIS Single Departmental Plan at the link below.<\/p>
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