Contributions
1,438 recent contributions in Hansard
HANSARD 5G NetworkI remind Members that there have been some changes to normal practice in order to support the new call list system and to ensure that social distancing can be respected. Members…24 Nov 2020HANSARD Covid-19: Acquired Brain InjuryNo, he does not.24 Nov 2020HANSARDFinancial Services Bill (Fifth sitting)I repeat that is a pleasure to see you in the Chair today, Mr Davies—there will be a bit more of that as we make our way through the Bill. I support my right hon. Friend’s…24 Nov 2020HANSARDFinancial Services Bill (Sixth sitting)Does my right hon. Friend agree that the lack of effective enforcement is also an important factor in boards’ thinking that the risk may be worth taking? Lack of effective…24 Nov 2020HANSARDFinancial Services Bill (Fifth sitting)I thank the Minister for his indulgence. Clause 2 is also partly about enforcing regulations; there are references to fraud and criminal offences, which again we will come to in…24 Nov 2020HANSARDFinancial Services Bill (Fifth sitting)The clause inserts a new part 9C into the Financial Services and Markets Act 2000, which forms the legal basis for the new regime that the Bill introduces for investment…24 Nov 2020HANSARDFinancial Services Bill (Fifth sitting)I want to come back on that and press the Minister on a couple of questions that, with all due respect, I do not think he answered in his response. Clearly, our amendment is a…24 Nov 2020HANSARDFinancial Services Bill (Fifth sitting)Does my right hon. Friend agree that there is a fourth one, which is to say, “This should not be on the face of the Bill; we are going to do it, but we are going to put it in…24 Nov 2020HANSARDCovid-19: Restrictions on Gyms and SportIt is a pleasure to serve under your chairmanship, Mr Mundell, and to follow the right hon. Member for Tunbridge Wells (Greg Clark). I will concentrate particularly on gyms,…23 Nov 2020HANSARD Virtual Participation in DebateIt would be a good thing if the Leader of the House would actually listen to the statements that are happening at the moment. I add my congratulations to the right hon. Lady on…19 Nov 2020HANSARDFinancial Services Bill (Third sitting)Q You said something astonishing today. You said that, in your opinion, we have outsourced our enforcement on economic crime to the US. Dr Hawley: That is not my wording; I think…19 Nov 2020HANSARDFinancial Services Bill (Third sitting)Q I was just getting you to reaffirm that is what you meant: that essentially that is what we have done, because presumably you think that our enforcement and activity against…19 Nov 2020HANSARDFinancial Services Bill (Third sitting)Q It would be very useful if you would share that information. What can we do to improve the incentives to prevent this activity? Is that more about enforcement and the almost…19 Nov 2020HANSARDFinancial Services Bill (Third sitting)By the way, without meaning to be rude, you have three minutes to answer this or the Chair will cut you off. Dr Hawley: Absolutely, it is an issue of the law and of…19 Nov 2020HANSARDFinancial Services Bill (Third sitting)Q Finally, because you answered that so fast, do you think that the way to deal with the larger global companies is vicarious liability, rather than “failure to prevent”? Should…19 Nov 2020HANSARDFinancial Services Bill (First sitting)Q Mr Mills, I wonder whether you could say a little more about the resource implications of the Bill. An awful lot of our financial services regulation—well, all of it—used to go…17 Nov 2020HANSARDFinancial Services Bill (Second sitting)Thank you.17 Nov 2020HANSARDFinancial Services Bill (Second sitting)Q In what period do you expect the impact assessment to arise after the rules have been specified in a consultation period? Is that the kind of process that you would like to see…17 Nov 2020HANSARDFinancial Services Bill (Second sitting)Q Is that what you mean when you are talking about accountability—to the companies that are regulated rather than the consumer? Clearly a great deal of detail will have to be…17 Nov 2020HANSARDFinancial Services Bill (Second sitting)Q So are you happy with the framework that has been set out in this Bill? Given that it is only a framework and you do not know the details yet, I am assuming that you think the…17 Nov 2020