Mr Gavin Shuker Written Questions

Questions to HM Treasury tabled by Mr Gavin Shuker


Date Title Questioner
24 Jun 2019, 1:27 p.m. Cryptocurrencies: Regulation Mr Gavin Shuker

Question

To ask the Chancellor of the Exchequer, what recent assessment he has made of the adequacy of the regulation of cryptocurrencies in the UK.

Answer (John Glen)

The Government established the Cryptoassets Taskforce - comprised of HM Treasury, the FCA, and the Bank of England – to explore the risks and potential benefits of cryptoassets and consider the appropriate response. The Taskforce’s report[1] set out commitments to further consider the regulatory approach to cryptoassets.

The Government has recently consulted on plans to go beyond the requirements set out in the EU’s Fifth Anti-Money Laundering Directive to bring all relevant cryptoasset firms into anti-money laundering regulation.

The Government will consult on its approach to unregulated cryptoassets later this year.

[1] https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf

29 Nov 2018, 12:12 p.m. Social Services: Finance Mr Gavin Shuker

Question

To ask the Chancellor of the Exchequer, what his long-term plans are for the adult social care precept after 2019-20.

Answer (Elizabeth Truss)

Funding for Local Government after 2019-20 will be agreed at the Spending Review next year.

16 Jan 2018, 4:49 p.m. Cooperatives Mr Gavin Shuker

Question

What plans he has to increase his Department's support for the co-operative sector.

Answer (John Glen)

This Government recognises the value of co-operatives and their contribution to the diversity of the UK economy, and is strongly supportive of the sector.

For example, before Christmas, my Department legislated to increase the asset and turnover threshold at which co-operatives have to conduct a full audit from April this year.

The Government will continue to explore further ways to support the sector.

15 Jan 2018, 1:54 p.m. Overseas Companies Mr Gavin Shuker

Question

To ask Mr Chancellor of the Exchequer, whether his Department maintains a list of all UK companies which have a global turnover of more than (a) £16 million, (b) £26 million, (c) £36 million and (d) £46 million; and if he will make a statement.

Answer (Elizabeth Truss)

The department does not maintain such a list of UK companies. However we engage with businesses of all sizes in order to understand their needs and priorities