Tax Avoidance: Disclosure of Information:Written question - 112081

Q
(Hayes and Harlington)
Asked on: 07 November 2017
HM Treasury
Tax Avoidance: Disclosure of Information
Commons
To ask Mr Chancellor of the Exchequer, if he will bring forward legislative proposals so that a person engaged in tax avoidance is prohibited from preparing the skilled persons report under section 166 of the Financial Services and Markets Authority Act.
A
Answered by: Stephen Barclay
Answered on: 15 November 2017

The selection of a party to conduct a skilled person review under section 166 of the Financial Services and Markets Act (2000), as amended by the Financial Services Act (2012), is a matter for the independent regulators. To enable the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) to contract directly with the skilled person firm, the FCA and the PRA have developed a Skilled Person Panel in line with the Public Contracts Regulations 2006.

Grouped Questions: 112080

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