Contributions
824 recent contributions in Hansard
HANSARDFinancial Services and Markets BillMy Lords, I thank my noble friend Lord Trenchard for his support; I was not expecting the noble Baroness, Lady Bowles, to support my amendment, because she and I have discussed…13 Mar 2023HANSARDFinancial Services and Markets BillDid this review involve the FCA? When the FCA reissued its guidance in 2017 it was very clear about domestic PEPs being low risk, but it was constrained by the regulations, which…13 Mar 2023HANSARDFinancial Services and Markets BillThis is a risk of money laundering, not anything else. What wider implications should be taken into account? The FCA knows about money laundering and its risks. How could there be…13 Mar 2023HANSARDFinancial Services and Markets BillAs far as financial institutions are concerned, all of those are dealt with by the FCA, not the security services or any other shadowy agencies that seem to be involved in this…13 Mar 2023HANSARDFinancial Services and Markets BillMy Lords, I am sure we all have our own stories of how we have fallen foul of the PEP regulations. My own relatively recent one is that Revolut refused to let me have an…13 Mar 2023HANSARDStrikes (Minimum Service Levels) BillMy Lords, I will make comments on two aspects. First, it is not the case that the Bill is retrospective in effect because, by definition, it applies only to future strike actions.…09 Mar 2023HANSARDStrikes (Minimum Service Levels) BillMy Lords, the noble Lord, Lord Allan, says “Who asks for this Bill?” He then tries to portray that as a binary thing—either workers and unions, or employers, claiming that neither…09 Mar 2023HANSARDStrikes (Minimum Service Levels) BillI am. The need for the Bill has been established by a lot of rather irresponsible action by some of the unions which has completely disrupted the lives of ordinary citizens.…09 Mar 2023HANSARDStrikes (Minimum Service Levels) BillMy Lords, it is quite difficult to follow that speech. I do not think that anybody would want to encourage the dissipation of the Green Party in any Government, so the noble…09 Mar 2023HANSARDStrikes (Minimum Service Levels) BillThe amendment says: “Levels of service set by regulations … may not exceed the lowest actual level of service … on any day” in the previous 12 months. Let us take the example of…09 Mar 2023HANSARDFinancial Services and Markets BillMy Lords, I have Amendments 179 and 190 in this group. I am not very enthusiastic at all about the provisions for cash access and distribution in the Bill. I am far from clear…07 Mar 2023HANSARDNational Security BillMy Lords, I got involved in Committee—my only appearance on the Bill—because of concerns brought to my attention about the impact of the registration scheme on huge swathes of…07 Mar 2023HANSARDFinancial Services and Markets BillI was not going to speak on this group in order to have a speedier debate, but I completely failed in that aim, so I think I am allowed to say something now. Can my noble friend…01 Mar 2023HANSARDStrikes (Minimum Service Levels) BillMy Lords, this is a modest Bill to ensure that people in our country are given a level of protection against extreme strike action in important public services, and I strongly…21 Feb 2023HANSARDFinancial Services and Markets BillCould my noble friend explain why it is inappropriate to have transparency on why the Treasury chooses not to pursue representations that have been made to it by bodies that…20 Feb 2023HANSARDFinancial Services and Markets BillI think that is merely restating the problem. Could my noble friend have another go?20 Feb 2023HANSARDFinancial Services and Markets BillMy Lords, I have added my name to the amendments in this group in the name of my noble friend Lord Holmes of Richmond, and I endorse everything that he said in introducing them. I…20 Feb 2023HANSARDFinancial Services and Markets BillMy Lords, I support Clause 27 and, in particular, its new Clause 3RC of FSMA, which allows the Treasury to require the regulators to review their rules. As the noble Baroness,…20 Feb 2023HANSARDFinancial Services and Markets Bill20 Feb 2023HANSARDFinancial Services and Markets BillMy Lords, it is a pleasure to follow the noble Lord, Lord Davies of Brixton, because he knows rather a lot about this area—far more than I and perhaps many other members of this…20 Feb 2023