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Written question asked by Tulip Siddiq (Labour) on Friday, 21 February 2020, in the House of Commons. It was due for an answer on Tuesday, 25 February 2020. It was answered by James Duddridge (Conservative) on Monday, 2 March 2020 on behalf of the Department for International Development.


CDC: Offshore Funds

Question

To ask the Secretary of State for International Development, what reviews he has undertaken on the adequacy of CDC’s controls on the use of offshore accounts and investments by CDC management and senior staff in the last two years.

Answer

CDC reviews its tax policy at least annually with a view to remaining consistent with evolving international standards and the best practice of multilateral and bilateral development finance institutions. This policy is regularly reviewed by DFID.


Secondary information

Type
Written question
Reference
18673
Session
2019-21
Subjects
Offshore funds CDC
Link
View this Written question on www.parliament.uk