Parliamentary Activity

Penrose Inquiry — 4 mentions in Parliament since Feb 2017

All 4 Questions 4 | Commons Lords
Written Question Lords
25 Nov 2021
Equitable Life Assurance Society
Baroness Bowles of Berkhamsted Liberal Democrat → Department for Business, Energy and Industrial Strategy

To ask Her Majesty's Government, further to the Written Answer by Lord Callanan  on 22 November (HL3771), what assessment they have made of the critiques by the Penrose Inquiry into Equitable Life summarised in points (a) – (e) of Appendix IV paragraph 1.

Government answer
Department for Business, Energy and Industrial Strategy FRS 27 has addressed many of the critiques made by the Penrose Inquiry in the development of IFRS 17, except for the differences between the accounting bases for regulatory and financial reporting. Insurance is inherently a complex business so some comple... Read full answer →
Written Question Lords
08 Nov 2021
Equitable Life Assurance Society
Baroness Bowles of Berkhamsted Liberal Democrat → Department for Business, Energy and Industrial Strategy

To ask Her Majesty's Government which of the deficiencies in insurance company accounting that were identified by the Penrose Inquiry into Equitable Life have been dealt with by the International Financial Reporting Standards Foundation; how they were dea

Government answer
Department for Business, Energy and Industrial Strategy The Penrose Inquiry into Equitable Life focussed on UK financial and regulatory reporting in the years leading up to 2001, and how they related to the Equitable Life Assurance Society. The Inquiry identified that life insurance company accounts needed a c... Read full answer →
Written Question Commons
27 Feb 2017
Blood: Contamination
Diana Johnson Labour → Department of Health

To ask the Secretary of State for Health, whether all documents (a) disclosed in previous legal cases and (b) used for previous Departmental reports into contaminated blood were provided to (i) the Independent Public Inquiry on NHS Supplied Contaminated B

Government answer
Department of Health The Department cooperated with Lord Archer and Lord Penrose’s requests for documentary evidence, and the Departmental evidence that Lord Penrose used is referenced in his final report. Read full answer →
Written Question Commons
27 Feb 2017
Blood: Contamination
Diana Johnson Labour → Department of Health

To ask the Secretary of State for Health, how many documents did the 2015 Penrose Inquiry on contaminated blood in Scotland request from his Department; how many of these requests were (a) accepted and (b) rejected; and how many documents submitted contai

Government answer
Department of Health Although the Department was not called to provide witnesses to the Penrose Inquiry, we cooperated fully with Lord Penrose’s requests for documentary evidence, and the Departmental evidence that Lord Penrose used is referenced in his final report. Lord Pen... Read full answer →
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