Contributions
607 recent contributions in Hansard
HANSARDEconomic Crime and Corporate TransparencyMy Lords, the amendments in this group were inspired by the work of what we call in shorthand the Fraud Act review committee, chaired by the noble Baroness, Lady Morgan. Several…27 Apr 2023HANSARDEconomic Crime and Corporate TransparencyIn order not to do the same again, I will concentrate mainly on the mechanics of this first amendment, which is a regulatory failure to prevent amendment. Both amendments in the…27 Apr 2023HANSARDEconomic Crime and Corporate TransparencyMy Lords, I thank everybody who has spoken in this debate. I will not attempt to summate what everybody has said and will concentrate on responding to the Minister. I have to say…27 Apr 2023HANSARDEconomic Crime and Corporate TransparencyMy Lords, I think it falls to me to start the winding-up speeches, but noble Lords will be pleased to know that I will not try to repeat everything that everybody else has said. I…27 Apr 2023HANSARDEconomic Crime and Corporate Transparency27 Apr 2023HANSARDEconomic Crime and Corporate Transparency BillMy Lords, I agree with an awful lot of what the noble Lord, Lord Agnew, said—in fact, with all of it. He laid out in some detail the fact that anyone could be one of these…18 Apr 2023HANSARDEconomic Crime and Corporate Transparency BillRegarding the position of micro-entities, I spent a great deal of my time as a micro-entity in a partnership. I did not avail myself of limited liability provisions but, when…18 Apr 2023HANSARDEconomic Crime and Corporate Transparency BillOn that same point, following on from what the Minister said about the vast majority of these organisations being good, trustworthy and so on, is it that the risk of one mistake…18 Apr 2023HANSARDEconomic Crime and Corporate Transparency BillI will speak briefly on this amendment because key to it is: what is the purpose of the unique identifier? Perhaps like the noble Lord, Lord Vaux, I thought that it was like the…18 Apr 2023HANSARDEconomic Crime and Corporate Transparency BillMy Lords, I support what others have said. If we take these amendments as essentially saying that Clause 187 needs to be amplified, I, like the noble Lord, Lord Agnew, do not see…18 Apr 2023HANSARDEconomic Crime and Corporate Transparency BillClause 187 says “on the implementation and operation”. Therefore, I hoped there would be ongoing commentary and reporting on the operation. I accept that the sunset clause implies…18 Apr 2023HANSARDEconomic Crime and Corporate Transparency BillWhen the Minister replied to me he used the word “data” rather than “operation”. There is a difference between data and operation. This might not be something that he can…18 Apr 2023HANSARDEconomic Crime and Corporate Transparency BillMy Lords, I signed the amendments in the name of the noble Lord, Lord Agnew. I am generally in favour of what has been said already regarding the need to increase the funding for…18 Apr 2023HANSARDEconomic Crime and Corporate Transparency BillMy Lords, I support these amendments. I have listened to what the noble Lord, Lord Leigh, has said and will perhaps think about that. I should declare my interest as a director of…27 Mar 2023HANSARDEconomic Crime and Corporate Transparency BillI am struggling, as are others, with the wording in subsection (2) about “every officer of the entity who is in default” because I do not know what “default” means. In most of…27 Mar 2023HANSARDBritish Banking SectorMy Lords, an FT piece yesterday, headlined “How ‘competitive’ would you like your bank regulation now?”, says: “The UK regulatory pendulum has been halted in mid-swing.” Is that…21 Mar 2023HANSARDFinancial Services and Markets BillMy Lords, I did not prepare a speech on this, but recent events and the speeches have moved round to what a fundamental issue we are approaching here. One important issue, which…21 Mar 2023HANSARDFinancial Services and Markets BillMy Lords, I rise to say a word in support of my noble friend Lord Sharkey. There are some more generalised and wider issues around this problem. We have the situation quite…13 Mar 2023HANSARDFinancial Services and Markets BillMy Lords, I was waiting to hear what the noble Baroness, Lady Noakes, said on this amendment. I am afraid I cannot support her this time, although we agree on a lot of things. I…13 Mar 2023HANSARDFinancial Services and Markets BillMy Lords, I signed all the amendments in the name of the noble Lord, Lord Vaux. We were both members of the committee looking at the Fraud Act 2006 and digital fraud. Although…13 Mar 2023