Contributions
2,217 recent contributions in Hansard
HANSARDFinancial Services and Markets BillI opened my remarks by acknowledging that fraud needs a co-ordinated response from government, law enforcement and the private sector. That is at the heart of our approach, and it…30 Jan 2023HANSARDFinancial Services and Markets BillThat is one element to be considered. I was pointing in particular to the combined role of the FOS and the Business Banking Resolution Service in providing a route of redress for…30 Jan 2023HANSARDFinancial Services and Markets BillMy Lords, the Government recognise and understand the importance of supporting the growth of sustainable finance in the UK. Indeed, it is because of the importance that…30 Jan 2023HANSARDFinancial Services and Markets BillMy Lords, as I was saying, we can also simplify the way in which information is provided to consumers throughout the lending process, which can be both inefficient and…30 Jan 2023HANSARDWagner Group: Sanctions RegimeOne of the key aims of the Government’s sanctions policy is to co-ordinate with our allies to ensure that sanctions are as effective as possible and are not circumvented. We will…26 Jan 2023HANSARDWagner Group: Sanctions RegimeAs I said, the Government have taken action against the organisation. For example, it is subject to sanctions under the Russian sanctions regime. I have said I will need to write…26 Jan 2023HANSARDWagner Group: Sanctions RegimeI can undertake to do that and to include the strength of feeling around the question of other tools that we have at our disposal. As my noble friend noted, this would also need…26 Jan 2023HANSARDWagner Group: Sanctions RegimeI absolutely agree with my noble friend on the need for co-ordination across government. Obviously different regimes, such as the sanction regime and the proscription regime, have…26 Jan 2023HANSARDWagner Group: Sanctions RegimeThe Government of course listen carefully to the views of all parliamentarians on this matter. Any decisions on these cases are taken within the legal framework that they need to…26 Jan 2023HANSARDWagner Group: Sanctions RegimeMy Lords, I am not sure I can add to that at this time. What I would say to my noble friend is that when it comes to the illegal invasion of Ukraine by Russia, the steps that this…26 Jan 2023HANSARDWagner Group: Sanctions RegimeI join the noble and gallant Lord in completely condemning the actions of this group. I know we have had the basis to sanction the group under the Russian sanction regime. I am…26 Jan 2023HANSARDWagner Group: Sanctions RegimeMy Lords, it is worth clarifying a number of points. In this case, we are talking about a designated person and the derogations under the sanctions regime allow for legal fees.…26 Jan 2023HANSARDWagner Group: Sanctions RegimeI do not have that information and I would not comment on that. It is important to understand that this decision was clearly taken within the legal framework for sanctions that we…26 Jan 2023HANSARDWagner Group: Sanctions RegimeMy Lords, to try to take the noble Lord’s questions on directly, the Government condemn the use of strategic lawsuits against public participation, commonly known as SLAPPs. The…26 Jan 2023HANSARDFinancial Services and Markets BillNo, it does not. This comes back to the point about prioritisation. It represents the Government’s initial prioritisation of the measures where they think that making amendments…25 Jan 2023HANSARDFinancial Services and Markets BillI thank my noble friend Lady Noakes for her amendment. It is a good opportunity to talk about the Government’s proposals for mitigating the systemic risk posed by critical third…25 Jan 2023HANSARDFinancial Services and Markets BillMy Lords, my noble friend has just described what Amendment 36 probes and the power it is seeking to look at, so I will not repeat that. What I will say is that the power is…25 Jan 2023HANSARDFinancial Services and Markets Bill25 Jan 2023HANSARDFinancial Services and Markets BillMy Lords, I shall briefly address government Amendment 33 in this group before I turn to the other amendments. Government Amendment 33 fixes a minor drafting error in Clause 8,…25 Jan 2023HANSARDFinancial Services and Markets Bill25 Jan 2023