Contributions
1,586 recent contributions in Hansard
HANSARDFinancial Services Bill (Fourth sitting)Q I am just curious because you said that, for the regime to fully work for customers, situations such as this need to be clarified. I thought that you were asking for further…19 Nov 2020HANSARDFinancial Services Bill (Fourth sitting)Q The briefing that you provided on the Bill mentions referring any disputes to the Financial Ombudsman Service. Can you tell me a bit more about how that works at the moment and…19 Nov 2020HANSARDFinancial Services Bill (Fourth sitting)Q Lastly, Jesse, I think the phrase you coined, accountability deficit, is quite useful. Can I ask a wee bit more about the risks that moving everything over to the regulators…19 Nov 2020HANSARDFinancial Services Bill (Fourth sitting)Q Even when fines ought to be due, they are not enforced. I ask periodically about Scottish limited partnerships and how many people have been fined for failing to register a…19 Nov 2020HANSARDFinancial Services Bill (Fourth sitting)Q In terms of saving for people who are at the margins, have you any thoughts about the Help-to-Save scheme and the measures on that? Fran Boait: I welcome the Help-to-Save…19 Nov 2020HANSARDFinancial Services Bill (First sitting)Q That is useful, thank you. Can you give any particular examples of how far you think divergence could go before you risk withdrawing equivalence? Simon Hills: We don’t know yet…17 Nov 2020HANSARDCovid-19 Autumn 2020 Lockdown: Newborn BabiesMany low-income families have struggled to make ends meet during lockdown. Families with babies under one are entitled to Healthy Start vouchers of only £6.20 a week, which is not…17 Nov 2020HANSARDFinancial Services Bill (First sitting)Q Are there any further measures that you expected to see, or would have liked to see, in the Bill? Simon Hills: Shall I go first and talk about the prudential regulation of…17 Nov 2020HANSARDFinancial Services Bill (First sitting)Q So when the EU makes its regulations, and it goes ahead with what is in its interests, essentially you would want us to mirror the EU wherever possible? Simon Hills: We would…17 Nov 2020HANSARDFinancial Services Bill (First sitting)Q Are there any international competitors that you think have struck the correct balance with a regulation that you would want to see us take on here? Simon Hills: I think there…17 Nov 2020HANSARDFinancial Services Bill (First sitting)Thank you very much.17 Nov 2020HANSARDFinancial Services Bill (Second sitting)Q Thank you. That is useful. Is there anything else that you expected to see in the Bill or that you would like to see in the Bill? Chris Cummings: Actually, I think the Bill is a…17 Nov 2020HANSARDFinancial Services Bill (Second sitting)Q Thank you. Lastly, are you clear enough on what happens for existing investors if equivalence is withdrawn? Chris Cummings: This is a matter that we have been working on very…17 Nov 2020HANSARDFinancial Services Bill (Second sitting)Thank you.17 Nov 2020HANSARDFinancial Services Bill (Second sitting)Q Thank you. Emma, are there any particular aspects that you feel require additional scrutiny and transparency over decision making within the regulator’s new powers? Emma…17 Nov 2020HANSARDFinancial Services Bill (Second sitting)Q Thank you very much. One of the recommendations within TheCityUK briefing that was sent round was around working towards implementing EU capital regulation requirements and…17 Nov 2020HANSARDFinancial Services Bill (Second sitting)That is useful. I will hand back to my colleagues.17 Nov 2020HANSARDFinancial Services Bill (Second sitting)Q That is fair enough. I was trying to get at whether there is stronger ground if it is in legislation, rather than dependent on rules, for any disputes that might arise. Adam…17 Nov 2020HANSARDFinancial Services Bill (Second sitting)Q Constance, if I am right, you have been responsible for working on some green finance work. Do you think that there should have been more in the Bill to look at those things,…17 Nov 2020HANSARDFinancial Services Bill (Second sitting)Thank you very much.17 Nov 2020