Contributions
1,586 recent contributions in Hansard
HANSARDFinancial Services Bill (Eighth sitting)It is a pleasure to see you in the Chair, Dr Huq. I just have a few quick questions, mainly coming from the evidence we heard last week. During the fourth sitting, at column 125,…26 Nov 2020HANSARDFinancial Services Bill (Eighth sitting)I thank the Minister for that clarification. I am just trying to get my head around the practicality or how this would work. If equivalence is withdrawn, how do people who have…26 Nov 2020HANSARDFinancial Services Bill (Eighth sitting)I have one or two further questions about people who are invested in things for which equivalence is withdrawn. The Association of British Insurers said in its written evidence:…26 Nov 2020HANSARDFinancial Services Bill (Seventh sitting)I want to ask a quick question about what is perhaps neither synthetic nor ghostly LIBOR, but zombie LIBOR, because it seems to be lurching on and not quite dead. I am curious…26 Nov 2020HANSARDFinancial Services Bill (Seventh sitting)Paul Richards from the International Capital Market Association, who gave evidence last week, said there were around 520 legacy bond contracts to be moved over, and only 20 had…26 Nov 2020HANSARD Spending Review 2020 and OBR ForecastThis spending review was an important opportunity and an important test, and instead of posing for photographs in his favourite hoodie, the Chancellor should have been listening…25 Nov 2020HANSARDFinancial Services Bill (Sixth sitting)One of the things that concerns us most about where we are going with Brexit is the risk of trade disputes. We need only look at how one dispute can overspill into another, such…24 Nov 2020HANSARDFinancial Services Bill (Sixth sitting)I beg to move amendment 38, page 63, line 5, in schedule 2, at end insert— “(ba) the likely effect of the rules on trade frictions between the UK and EU, and”. This amendment…24 Nov 2020HANSARDFinancial Services Bill (Sixth sitting)I appreciate the work that the Minister and other Ministers are doing in this area, but does he accept that he if puts it into the legislation, he might actually have less work to…24 Nov 2020HANSARDFinancial Services Bill (Sixth sitting)I meant more that the actions of businesses had slipped, but the hon. Lady is correct to point out that the Government have abandoned that commitment as well. I was going to go…24 Nov 2020HANSARDFinancial Services Bill (Sixth sitting)It is a pleasure to see you in the Chair, Dr Huq. I rise to support the amendments tabled by the Labour Front Bench. It is really important to hold financial services firms to…24 Nov 2020HANSARDFinancial Services Bill (Fifth sitting)I support Labour amendments 22 and 24 and wish to speak to amendments 39 and 42 in my name and those of my hon. Friends. I agree very much with the right hon. Member for…24 Nov 2020HANSARDFinancial Services Bill (Sixth sitting)I very much agree with the proposals brought forward by the official Opposition. I congratulate them on their drafting and having found a way to put these amendments forward. Our…24 Nov 2020HANSARDFinancial Services Bill (Fifth sitting)I just want to ask the Minister about the additional responsibilities in the schedule. When we took evidence last week, Sheldon Mills said: “We can always do with more resources”.…24 Nov 2020HANSARDFinancial Services Bill (Fifth sitting)Members may indeed remember carbon capture and storage well, because we were promised a huge project in Peterhead, ahead of the indy ref, which has not yet emerged.24 Nov 2020HANSARDFinancial Services Bill (Fifth sitting)My concerns very much lie around the interconnectedness, because the system will be only as strong as the weakest part within it. If the weakest parts start to pull down…24 Nov 2020HANSARDFinancial Services Bill (Fifth sitting)It is a pleasure to see you in the Chair, Mr Davies. I rise to support the amendment. I think it is perfectly sensible that we make assessments and ensure that the changes the…24 Nov 2020HANSARD Virtual Participation in DebateDoes the shadow Leader of the House agree that it is not just the arriving in this place that makes people vulnerable? Members from Scotland have much further to travel and…24 Nov 2020HANSARDFinancial Services Bill (Fifth sitting)I hope not!24 Nov 2020HANSARDFinancial Services Bill (Sixth sitting)I beg to ask leave to withdraw the amendment. Amendment, by leave, withdrawn.24 Nov 2020