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222730

registered interest
date	23/02/2015
answering body	Cabinet Office
answering dept id	53
answering dept short name	Cabinet Office
answering dept sort name	Cabinet Office
hansard heading	Lord Green of Hurstpierpoint
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether Lord Green of Hurstpierpoint disclosed an interest in, and knowledge about, HSBC before he was appointed as a member of HM Treasury’s Banking Reform Committee; and when he joined and left that Committee.
tabling member printed	Lord Myners
uin	HL5071
answer	answer is ministerial correction date of answer 05/03/2015 answer text <p>Lord Green was a member of the Banking Reform Committee for the period 11 January 2011 to 11 December 2013. His interest in HSBC is a matter of public record. As was the case under previous administrations, information relating to the proceedings of Cabinet Committees, including when and how often they meet and which Ministers have attended, is generally not disclosed.</p> answering member printed Lord Wallace of Saltaire grouped question UIN HL5231 question first answered 05/03/2015 16:59:18 answering member 1816 label Biography information for Lord Wallace of Saltaire
tabling member	3869 label Biography information for Lord Myners

222732

registered interest
date	23/02/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Taxation: Domicil
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government how many United Kingdom residents have advised HM Revenue and Customs that they are non-domiciled in the United Kingdom for tax purposes; and how many more United Kingdom residents HM Revenue and Customs estimate are benefiting from non-domiciled status without advising HM Revenue and Customs.
tabling member printed	Lord Myners
uin	HL5073
answer	answer is ministerial correction date of answer 09/03/2015 answer text <p>In 2012-13 (the latest tax year for which information is available), there were 115,000 UK residents who were non-domiciled for tax purposes within the self-assessment system.</p><p> </p><p> </p><p> </p><p>The information regarding the number of UK residents that are benefitting from non-domiciled status without advising HMRC is unavailable. Taxpayers are required to declare their non-domiciled status if that status is relevant to their UK tax liabilities.</p><p> </p> answering member printed Lord Deighton question first answered 09/03/2015 17:56:38 answering member 4262 label Biography information for Lord Deighton
tabling member	3869 label Biography information for Lord Myners

222734

registered interest
date	23/02/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Taxation: Domicil
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether they will review present restrictions on non-domiciled persons remitting capital to the United Kingdom; and whether they will exempt or apply a lower rate to money remitted for United Kingdom investment or charitable donation.
tabling member printed	Lord Myners
uin	HL5075
answer	answer is ministerial correction date of answer 12/03/2015 answer text <p>There are no restrictions on non-domiciled individuals from remitting capital to the UK. Where the individual is taxed on the remittance basis, such payments may be subject to UK tax, where they are foreign income or gains.</p><p> </p><p> </p><p> </p><p>The Chancellor of the Exchequer keeps all taxes under review.</p><p> </p><p> </p><p> </p> answering member printed Lord Deighton question first answered 12/03/2015 17:39:14 answering member 4262 label Biography information for Lord Deighton
tabling member	3869 label Biography information for Lord Myners

179767

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	HSBC
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether they will publish or place in the Library of the House the agreement under which HM Revenue and Customs received from its French equivalent details of accounts allegedly held at HSBC Suisse; whether the terms of that agreement were negotiated by HM Revenue and Customs and advised to ministers; whether HM Revenue and Customs took legal advice and sought the views of ministers on the agreement before its signing; and under which legal jurisdiction the agreement is enforceable.
tabling member printed	Lord Myners
uin	HL5039
answer	answer is ministerial correction date of answer 12/03/2015 answer text <p>Information provided to HM Revenue &amp; Customs (HMRC) by the French tax authorities in respect of individuals indicated to hold accounts at the Geneva branch of HSBC Suisse and understood to be UK residents was supplied to HMRC under the terms of both the Mutual Assistance Directive 77/799/EEC<sup><sup>[1]</sup></sup> and the Double Taxation Convention in force between France and the United Kingdom at that time<sup><sup>[2]</sup></sup><sup>.</sup></p><p> </p><p> </p><p> </p><p>The Mutual Assistance Directive had been in force since 23 December 1977. The Double Taxation Convention has been in force since 18 December 2009, replacing an earlier convention which had been in force since 1969.</p><p> </p><p> </p><p> </p><p>Since their entry into force each of these agreements has been a matter of public record.</p><p> </p><p> </p><p> </p><p>There was, therefore, no new agreement for the Board of HMRC to negotiate or consider in connection with the provision of the information by the French tax authorities.</p><p> </p><p> </p><p> </p><p>HMRC does not share copies of Board papers and minutes with HM Treasury. However, senior HM Treasury officials are standing invitees to HMRC's monthly Executive Committee meeting, which is the Department's main executive forum and the primary place where decisions are taken with regards to setting and delivering strategy and improving performance in key areas, and as such they have routine access to relevant committee meeting papers and minutes.</p><p> </p><p> </p><p> </p><p>Each HMRC Executive Committee member also takes responsibility for the management of activities within a specific portfolio, including enforcement and compliance and business or personal tax customer services; HM Treasury officials do not have access to this level of information which ‎contains operational compliance and taxpayer confidential information.</p><p> </p><p> </p><p> </p><p> </p><p>[1] <a href="http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:31977L0799" target="_blank">http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:31977L0799</a></p><p>[2] <a href="http://www.hmrc.gov.uk/taxtreaties/in-force/france.pdf" target="_blank">http://www.hmrc.gov.uk/taxtreaties/in-force/france.pdf</a></p><p> </p><p> </p> answering member printed Lord Deighton grouped question UIN HL5040 HL5041 question first answered 12/03/2015 17:08:03 answering member 4262 label Biography information for Lord Deighton
tabling member	3869 label Biography information for Lord Myners

179768

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	HSBC
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether the terms of the agreement between HM Revenue and Customs and its French equivalent relating to HSBC Suisse was shown to the Board of HM Revenue and Customs or discussed at a HM Revenue and Customs Board meeting.
tabling member printed	Lord Myners
uin	HL5040
answer	answer is ministerial correction date of answer 12/03/2015 answer text <p>Information provided to HM Revenue &amp; Customs (HMRC) by the French tax authorities in respect of individuals indicated to hold accounts at the Geneva branch of HSBC Suisse and understood to be UK residents was supplied to HMRC under the terms of both the Mutual Assistance Directive 77/799/EEC<sup><sup>[1]</sup></sup> and the Double Taxation Convention in force between France and the United Kingdom at that time<sup><sup>[2]</sup></sup><sup>.</sup></p><p> </p><p> </p><p> </p><p>The Mutual Assistance Directive had been in force since 23 December 1977. The Double Taxation Convention has been in force since 18 December 2009, replacing an earlier convention which had been in force since 1969.</p><p> </p><p> </p><p> </p><p>Since their entry into force each of these agreements has been a matter of public record.</p><p> </p><p> </p><p> </p><p>There was, therefore, no new agreement for the Board of HMRC to negotiate or consider in connection with the provision of the information by the French tax authorities.</p><p> </p><p> </p><p> </p><p>HMRC does not share copies of Board papers and minutes with HM Treasury. However, senior HM Treasury officials are standing invitees to HMRC's monthly Executive Committee meeting, which is the Department's main executive forum and the primary place where decisions are taken with regards to setting and delivering strategy and improving performance in key areas, and as such they have routine access to relevant committee meeting papers and minutes.</p><p> </p><p> </p><p> </p><p>Each HMRC Executive Committee member also takes responsibility for the management of activities within a specific portfolio, including enforcement and compliance and business or personal tax customer services; HM Treasury officials do not have access to this level of information which ‎contains operational compliance and taxpayer confidential information.</p><p> </p><p> </p><p> </p><p> </p><p>[1] <a href="http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:31977L0799" target="_blank">http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:31977L0799</a></p><p>[2] <a href="http://www.hmrc.gov.uk/taxtreaties/in-force/france.pdf" target="_blank">http://www.hmrc.gov.uk/taxtreaties/in-force/france.pdf</a></p><p> </p><p> </p> answering member printed Lord Deighton grouped question UIN HL5039 HL5041 question first answered 12/03/2015 17:08:03 answering member 4262 label Biography information for Lord Deighton
tabling member	3869 label Biography information for Lord Myners

179769

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	Revenue and Customs
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether copies of HM Revenue and Customs Board papers and minutes of Board meetings are provided to HM Treasury and the Board of HM Treasury or its Council of Economic Advisers.
tabling member printed	Lord Myners
uin	HL5041
answer	answer is ministerial correction date of answer 12/03/2015 answer text <p>Information provided to HM Revenue &amp; Customs (HMRC) by the French tax authorities in respect of individuals indicated to hold accounts at the Geneva branch of HSBC Suisse and understood to be UK residents was supplied to HMRC under the terms of both the Mutual Assistance Directive 77/799/EEC<sup><sup>[1]</sup></sup> and the Double Taxation Convention in force between France and the United Kingdom at that time<sup><sup>[2]</sup></sup><sup>.</sup></p><p> </p><p> </p><p> </p><p>The Mutual Assistance Directive had been in force since 23 December 1977. The Double Taxation Convention has been in force since 18 December 2009, replacing an earlier convention which had been in force since 1969.</p><p> </p><p> </p><p> </p><p>Since their entry into force each of these agreements has been a matter of public record.</p><p> </p><p> </p><p> </p><p>There was, therefore, no new agreement for the Board of HMRC to negotiate or consider in connection with the provision of the information by the French tax authorities.</p><p> </p><p> </p><p> </p><p>HMRC does not share copies of Board papers and minutes with HM Treasury. However, senior HM Treasury officials are standing invitees to HMRC's monthly Executive Committee meeting, which is the Department's main executive forum and the primary place where decisions are taken with regards to setting and delivering strategy and improving performance in key areas, and as such they have routine access to relevant committee meeting papers and minutes.</p><p> </p><p> </p><p> </p><p>Each HMRC Executive Committee member also takes responsibility for the management of activities within a specific portfolio, including enforcement and compliance and business or personal tax customer services; HM Treasury officials do not have access to this level of information which ‎contains operational compliance and taxpayer confidential information.</p><p> </p><p> </p><p> </p><p> </p><p>[1] <a href="http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:31977L0799" target="_blank">http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:31977L0799</a></p><p>[2] <a href="http://www.hmrc.gov.uk/taxtreaties/in-force/france.pdf" target="_blank">http://www.hmrc.gov.uk/taxtreaties/in-force/france.pdf</a></p><p> </p><p> </p> answering member printed Lord Deighton grouped question UIN HL5039 HL5040 question first answered 12/03/2015 17:08:03 answering member 4262 label Biography information for Lord Deighton
tabling member	3869 label Biography information for Lord Myners

178879

registered interest
date	10/02/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank Services: Switzerland
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government which were the 10 jurisdictions into which closed bank accounts held in Switzerland by United Kingdom residents were transferred according to information provided to them by the Swiss National Bank.
tabling member printed	Lord Myners
uin	HL4893
answer	answer is ministerial correction date of answer 12/03/2015 answer text <p>HL4893</p><p> </p><p> </p><p> </p><p>Under the Swiss Agreement HMRC received a list of the top 10 destinations to where funds were moved in the period before the Agreement came into force. They are using this information together with information from compliance work to follow the proceeds of tax evasion.</p><p> </p><p> </p><p> </p><p>As with Lichtenstein agreement signed in 2009, HMRC is legally restricted by the Agreement’s terms from publishing the information provided.</p><p> </p><p> </p><p> </p><p>HL4896</p><p> </p><p> </p><p> </p><p>Where there is evidence of collusion in tax evasion or other wrongdoing, the relevant law enforcement agency would assess that evidence and decide whether to pursue an investigation.</p><p> </p><p>HMRC received the data from the French in April 2010 under very strict international treaty conditions, which limited its use to tax purposes only and prevented HMRC from sharing the data with other law enforcement authorities for investigating other potential offences.</p><p> </p><p>HMRC first asked for the conditions to be relaxed in August 2010. Following a number of more recent representations, the French authorities gave written confirmation on 23 February 2015 that they were lifting restrictions on the use and sharing of the data with other law enforcement agencies and regulators for the purpose of investigating criminal offences.</p><p> </p><p>As a result, HMRC has recently held a multi-agency meeting to discuss how the stolen HSBC Suisse data can be shared with them.</p><p> </p> answering member printed Lord Deighton grouped question UIN HL4896 question first answered 12/03/2015 17:10:12 answering member 4262 label Biography information for Lord Deighton
tabling member	3869 label Biography information for Lord Myners

178881

registered interest
date	10/02/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	HSBC
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government what regulatory actions were taken in the United Kingdom in connection with HSBC as a consequence of the fines imposed in the United States in response to its involvement in money laundering on behalf of Mexican drug cartels.
tabling member printed	Lord Myners
uin	HL4894
answer	answer is ministerial correction date of answer 12/03/2015 answer text <p>I can confirm to the Noble Lord that the information I provided him in response to his written question answered on 17th June 2013 remains accurate:</p><p> </p><p> </p><p> </p><p>US investigations and enforcement action on HSBC focused on their subsidiaries in the US. The Financial Conduct Authority (FCA) has no direct supervisory remit over these HSBC entities.</p><p> </p><p> </p><p> </p><p>However, in conjunction with the action taken by the US, the (then) FSA, as lead regulator for the HSBC Group globally, made a number of requirements of HSBC Holdings plc, designed to ensure that all parts of the HSBC Group are compliant with the relevant legal and regulatory requirements across the Group to prevent similar failings occurring in future.</p><p> </p><p> </p><p> </p><p>This included requiring a committee of the HSBC Board to oversee matters relating to anti-money laundering, sanctions, terrorist financing and proliferation financing; requiring the Group to revise its policies and procedures to ensure that all parts of the HSBC Group are subject to standards equivalent to those required under UK requirements; HSBC employing an independent monitor to oversee the Group's compliance with UK anti-money laundering, sanctions, terrorist financing and proliferation financing requirements and to provide independent reporting to the HSBC Board committee and regulators. HSBC Holdings was also required to appoint a Group Money Laundering Reporting Officer (MLRO), with responsibility for ensuring that systems and controls are in place across the Group.</p><p> </p><p> </p><p> </p><p>The FCA is closely monitoring the implementation of these requirements by HSBC.</p><p> </p><p> </p><p> </p> answering member printed Lord Deighton question first answered 12/03/2015 17:23:35 answering member 4262 label Biography information for Lord Deighton
tabling member	3869 label Biography information for Lord Myners

178882

registered interest
date	10/02/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	HSBC
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government whether Lord Green of Hurstpierpoint was made aware of the information forwarded to them by the government of France on alleged tax evasion made possible by HSBC.
tabling member printed	Lord Myners
uin	HL4895
answer	answer is ministerial correction date of answer 12/03/2015 answer text <p>Due to the longstanding legal requirements for taxpayer confidentiality, Ministers are not made aware of invidual tax cases. At no point were Ministers made aware of any suggestion of wrong doing by HSBC itself.</p> answering member printed Lord Deighton question first answered 12/03/2015 17:10:23 answering member 4262 label Biography information for Lord Deighton
tabling member	3869 label Biography information for Lord Myners

178884

registered interest
date	10/02/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Banks: Tax Evasion
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government what actions they plan to take in connection with bankers who colluded in tax evasion or oversaw those perpetrating collusion.
tabling member printed	Lord Myners
uin	HL4896
answer	answer is ministerial correction date of answer 12/03/2015 answer text <p>HL4893</p><p> </p><p> </p><p> </p><p>Under the Swiss Agreement HMRC received a list of the top 10 destinations to where funds were moved in the period before the Agreement came into force. They are using this information together with information from compliance work to follow the proceeds of tax evasion.</p><p> </p><p> </p><p> </p><p>As with Lichtenstein agreement signed in 2009, HMRC is legally restricted by the Agreement’s terms from publishing the information provided.</p><p> </p><p> </p><p> </p><p>HL4896</p><p> </p><p> </p><p> </p><p>Where there is evidence of collusion in tax evasion or other wrongdoing, the relevant law enforcement agency would assess that evidence and decide whether to pursue an investigation.</p><p> </p><p>HMRC received the data from the French in April 2010 under very strict international treaty conditions, which limited its use to tax purposes only and prevented HMRC from sharing the data with other law enforcement authorities for investigating other potential offences.</p><p> </p><p>HMRC first asked for the conditions to be relaxed in August 2010. Following a number of more recent representations, the French authorities gave written confirmation on 23 February 2015 that they were lifting restrictions on the use and sharing of the data with other law enforcement agencies and regulators for the purpose of investigating criminal offences.</p><p> </p><p>As a result, HMRC has recently held a multi-agency meeting to discuss how the stolen HSBC Suisse data can be shared with them.</p><p> </p> answering member printed Lord Deighton grouped question UIN HL4893 question first answered 12/03/2015 17:10:12 answering member 4262 label Biography information for Lord Deighton
tabling member	3869 label Biography information for Lord Myners