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1235820

	registered interest
	date	18/09/2020
	answering body	Department for Environment, Food and Rural Affairs
	answering dept id	13
	answering dept short name	Environment, Food and Rural Affairs
	answering dept sort name	Environment, Food and Rural Affairs
	hansard heading	Forests
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what plans they have to reduce the amount of unmanaged woodland and forest.
	tabling member printed	Baroness Bennett of Manor Castle
	type	WrittenParliamentaryQuestion
	uin	HL8264
	answer	answer is ministerial correction date of answer 02/10/2020 answer text <p>59% of woodland in England is managed, and we recognise the need to increase support for management–safeguarding our woods, supporting biodiversity and providing sustainable timber.</p><p> </p><p>In addition to existing grant support for management, the Forestry Commission and Institute of Chartered Foresters are working to improve the quality of woodland management plans.</p><p> </p><p>We are also exploring further ways in which we can drive up the levels of sustainable woodland management in the development of the upcoming England Tree Strategy.</p> answering member printed Lord Goldsmith of Richmond Park question first answered 02/10/2020 14:01:52 answering member 4062 label Biography information for Lord Goldsmith of Richmond Park
	tabling member	4719 label Biography information for Baroness Bennett of Manor Castle

1235822

	registered interest
	date	18/09/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Investment Income
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what assessment they have made of the impact that dividend recapitalisations have on financial security (1) nationally, and (2) internationally.
	tabling member printed	Baroness Bennett of Manor Castle
	type	WrittenParliamentaryQuestion
	uin	HL8266
	answer	answer is ministerial correction date of answer 01/10/2020 answer text <p>A key part of the government’s economic policy objective is to preserve and enhance the stability of the UK’s financial system. This is reflected in the remit of the Financial Policy Committee (FPC) at the Bank of England, which is responsible for identifying, monitoring and taking action to remove or reduce systemic risks.</p><p> </p><p>There is little sign of dividend recapitalisations further increasing the leverage of borrowers in 2020 to levels above post-Global Financial Crisis average.</p><p> </p><p>Dividend recapitalisations are a small part of the broader leveraged loan market. They’ve accounted for slightly under 25% of September 2020 issuances to date. All the dividend recapitalisation issuances from July to September 2020 have been from US corporates.</p><p> </p><p>In addition, the Bank of England has ensured that the major UK banks hold enough capital to withstand losses on their leveraged loan portfolios commensurate with loss rates more severe than those experienced in the 2008 Global Financial Crisis.</p><p> </p><p>Given the US-focussed nature of the market, the Bank is also active in international discussions related to banks and non-banks. The Bank remains a key contributor to the work of the Financial Stability Board, including their analysis of leveraged loans.</p> answering member printed Lord Agnew of Oulton question first answered 01/10/2020 11:56:22 answering member 4689 label Biography information for Lord Agnew of Oulton
	tabling member	4719 label Biography information for Baroness Bennett of Manor Castle

1235821

	registered interest
	date	18/09/2020
	answering body	Foreign, Commonwealth and Development Office
	answering dept id	208
	answering dept short name	Foreign, Commonwealth and Development Office
	answering dept sort name	Foreign, Commonwealth and Development Office
	hansard heading	Corruption: Sanctions
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government when they intend to include those involved in corruption in their global human rights sanctions regime.
	tabling member printed	Baroness Bennett of Manor Castle
	type	WrittenParliamentaryQuestion
	uin	HL8265
	answer	answer is ministerial correction date of answer 06/10/2020 answer text <p>On 6 July the UK Government established the Global Human Rights ('Magnitsky') sanctions regime by laying regulations in Parliament under the Sanctions and Anti-Money Laundering Act 2018. This sanctions regime enables the UK to hold to account those involved in serious human rights violations or abuses.</p><p>As the Foreign Secretary announced to the House, work is underway to consider how a corruption regime could be added to our armoury. Sanctions are powerful tools, capable of having a significant impact, and complex to design. We are taking the time to ensure we get them right.</p> answering member printed Lord Ahmad of Wimbledon question first answered 06/10/2020 14:23:58 answering member 4210 label Biography information for Lord Ahmad of Wimbledon
	tabling member	4719 label Biography information for Baroness Bennett of Manor Castle