Treasury: Offshore Funds

(asked on 10th February 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether (a) members of his departmental Board and (b) senior executives in his Department are required to disclose offshore bank accounts and holdings.


Answered by
John Glen Portrait
John Glen
This question was answered on 13th February 2020

The departmental Board and Senior Executives are not required to disclose offshore bank accounts and holdings.

All public office holders are expected to comply with the law as it applies to offshore banking activity.

Ministers and Civil Servants must also uphold the standards of conduct as set out in the Ministerial and Civil Service Code respectively, as well as the 7 principles of public life.

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