Contributions
607 recent contributions in Hansard
HANSARDFinancial Services and Markets BillI thank all noble Lords who have spoken in this debate. I will reply to some of the points, but I will start with the Minister’s response. I am a little disappointed in two…20 Feb 2023HANSARDFinancial Services and Markets BillMy Lords, this is probably an appropriate time to remind the Committee that I am a member of the international Systemic Risk Council and a director of the London Stock Exchange.…20 Feb 2023HANSARDEconomic Crime and Corporate Transparency BillMy Lords, I thank the Government for reorganising business so that those of us who were engaged in the Financial Services and Markets Bill have an opportunity to speak. I am…08 Feb 2023HANSARDFinancial Services and Markets BillOne is a number, as I was always taught when I was training as a patent attorney. It might mean that one consumer organisation did not agree, but the vast majority did.06 Feb 2023HANSARDFinancial Services and Markets BillYour Lordships will be pleased to know that I cannot possibly go through everything, yet again, that has been spoken about. I thank all noble Lords who have spoken in this debate.…06 Feb 2023HANSARDFinancial Services and Markets BillMy recollection from the passage of the 2021 Act was that the final wording was government wording, put in as a concession to amendments from my noble friend Lord Sharkey. The…06 Feb 2023HANSARDFinancial Services and Markets BillMy Lords, in this group, we return to the issues of fraud and encouraging the financial regulators to be more active. Fraud now accounts for nearly half of all crime and there are…06 Feb 2023HANSARDFinancial Services and Markets Bill06 Feb 2023HANSARDFinancial Services and Markets BillMay I interrupt the Minister? The whole point of my amendment—whether it be the NAO or otherwise—was specifically to address the fact that the criteria might need to be changed,…01 Feb 2023HANSARDFinancial Services and Markets BillMy Lords, I have several amendments in this group. Amendment 48, which has already been referred to, seeks to add “sustainability” in as a sort of foil to the international…01 Feb 2023HANSARDFinancial Services and Markets BillBefore the noble Baroness sits down, I mentioned that I wrestled with this in the EU. There it says “having regard to”, which I would have thought was the appropriate wording: we…01 Feb 2023HANSARDFinancial Services and Markets BillMy Lords, there are many good suggestions in this group of amendments. Indeed, they are all good and they are all very supportable. It is particular pleasure to follow the noble…01 Feb 2023HANSARDFinancial Services and Markets BillMy Lords, I have Amendment 70 in this group, which was also referenced by the noble Baroness, Lady Noakes, who supported and signed it. It would insert a regulatory principle of…01 Feb 2023HANSARDFinancial Services and Markets BillMy Lords, I had not intended to speak on this subject, but I very much agree with everything that has been said, especially by the noble Baroness, Lady Young, just now, about the…30 Jan 2023HANSARDFinancial Services and Markets BillI am sorry to intervene again, but I am also intrigued about what the extra cost is of this coming into regulation. We are not suggesting that there should be great big oversight…30 Jan 2023HANSARDFinancial Services and Markets BillI thank the Minister and other noble Lords who have spoken and intervened in this debate. We have strayed a little from my amendments into the general issues of fraud, which will…30 Jan 2023HANSARDFinancial Services and Markets BillIt is about the lack of protection.30 Jan 2023HANSARDFinancial Services and Markets BillI must point out that I was fearing that the true cost was with the small businesses.30 Jan 2023HANSARDFinancial Services and Markets Bill30 Jan 2023HANSARDFinancial Services and Markets BillMy Lords, the amendments in this group address matters of fraud or misrepresentation that occur around and because of the regulatory perimeter and have been factors in various…30 Jan 2023