Contributions
1,563 recent contributions in Hansard
HANSARDFinancial Services and Markets Bill (Third sitting)When will the details on those intervention powers be published so we can have a good look at them?25 Oct 2022HANSARDFinancial Services and Markets Bill (Third sitting)Will the Minister give way?25 Oct 2022HANSARDFinancial Services and Markets Bill (Fourth sitting)I hope that when the Minister responds to the debate on the clause, he will cover proposed new section 71R of FSMA 2000 before reaching the point mentioned by the hon. Member for…25 Oct 2022HANSARDFinancial Services and Markets Bill (Third sitting)The Minister is being generous, but as my hon. Friend the Member for Wallasey pointed out, we use Committee stage to scrutinise, question and ask for lots of detail that we would…25 Oct 2022HANSARDFinancial Services and Markets Bill (Third sitting)If I am correct, there was significant questioning of clause 3 and the powers during transition in the oral evidence sessions, particularly with Martin Taylor, who was the last…25 Oct 2022HANSARDClimate Change10. What discussions he has had with Cabinet colleagues on tackling climate change.25 Oct 2022HANSARDFinancial Services and Markets Bill (Fourth sitting)I refer the Minister back to a point I made about the DAR and the response to the consultation by His Majesty’s Treasury. Some of the respondents asked for clarity on exactly what…25 Oct 2022HANSARDClimate ChangeTackling climate change is a win-win-win for Hull West and Hessle, and indeed for Beverley and Holderness. Labour’s plan for Great British Energy will provide good, green, local…25 Oct 2022HANSARDFinancial Services and Markets Bill (First sitting)Q Okay. So, in general, would you welcome anything that we can do to strengthen provisions against fraud? David Postings: Yes.19 Oct 2022HANSARDFinancial Services and Markets Bill (Second sitting)That is really helpful, thank you.19 Oct 2022HANSARDFinancial Services and Markets Bill (First sitting)Q It is not, but, in principle, something in the Bill to facilitate ways— David Postings: Anything that we can do as a country to stem fraud has got to be welcome.19 Oct 2022HANSARDFinancial Services and Markets Bill (Second sitting)Q Fantastic. Are there any other things that you think could be done with the Bill to try and tackle fraud that we have not covered so far? Mike Haley: If we are looking at some…19 Oct 2022HANSARDFinancial Services and Markets Bill (Second sitting)Q Something on the face of the Bill that says that they have to do this. Mike Haley: And that they can. A lot of the time, organisations feel, rightly or wrongly, that they cannot…19 Oct 2022HANSARDFinancial Services and Markets Bill (Second sitting)Q Thank you both for your work in this area. Martin, you might have heard Sheldon from the FCA earlier trying to reassure us all that we do not need to have regard to financial…19 Oct 2022HANSARDFinancial Services and Markets Bill (Second sitting)Q Could the deputy governor write to the Committee with an answer to that question? Sir Jon Cunliffe: I would be very happy to write something on—19 Oct 2022HANSARDFinancial Services and Markets Bill (Second sitting)Crypto. Sir Jon Cunliffe: We will bring out a regulatory framework for stablecoin, but I am very happy to write on how we see it, if that helps.19 Oct 2022HANSARDFinancial Services and Markets Bill (First sitting)Q Would you welcome something else in the Bill to look at banks unlocking suspended accounts so that money can be used for fraud prevention? David Postings: There is provision to…19 Oct 2022HANSARDFinancial Services and Markets Bill (Second sitting)Q Like an economic crime assessment? Mike Haley: Yes, because there can be unintended consequences some way down the line that were not thought of at the start. Faster payments…19 Oct 2022HANSARDFinancial Services and Markets Bill (First sitting)Q For example, would you support new provisions in this Bill to facilitate data sharing agreements on financial crimes that extend beyond the banks to include fintechs, electronic…19 Oct 2022HANSARDFinancial Services and Markets Bill (First sitting)Q Good morning. Sheldon, I read a speech of yours before about financial inclusion; I know it is something you care about. On the Treasury Committee, we have had a conversation…19 Oct 2022