Contributions
1,122 recent contributions in Hansard
HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (First sitting)Q Thank you, Ms Ghani. Dame Elizabeth, can you tell the Committee whether you are confident that there is now at the FCA a proper audit and lesson-learning process from each…15 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (First sitting)Sure. The biggest issue for the FCA in terms of particular cases at the moment and consumers is, as I understand it, the potential demutualisation of Liverpool Victoria. I wonder…15 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (First sitting)And before, because there was a pattern of customers trying to get in touch with the FCA to complain about LCF’s products. I am interested to know whether there was ever any…15 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (First sitting)Q With due respect, you have not really answered my question, so let me ask you specifically: if a series of consumers phoned up separately to raise concerns about the way a major…15 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (First sitting)Q So you would gather the intelligence and the data, but if they asked for a meeting with you, would you turn that request down or accept it? Sheree Howard: I am sure we would…15 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (First sitting)Q Okay. One of the other criticisms that Dame Elizabeth Gloster made was around the policy papers that were produced and the way they dealt with fraud. Can you tell me how those…15 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (First sitting)Q But you would meet the representatives of the business if they asked for a meeting. Sheree Howard: For the businesses that we regulate, authorise and supervise, yes, we would.…15 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (First sitting)Q The reason I asked that is because one of the biggest issues before the FCA in terms of its handling of consumers is the question of the demutualisation of Liverpool Victoria. I…15 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (First sitting)Q Would you be able to show me that guidance? Sheree Howard: I will find what we have and send it to you.15 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (First sitting)I apologise, Ms Ghani. I mis-spoke earlier; it is probably a lack of practice. My questions actually relate to the third group rather than this one.15 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (First sitting)Q Has there been any meeting with them subsequently, perhaps to help with the lessons learned process within the FCA? Sheree Howard: I think there has been, but I would need to go…15 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill (First sitting)Q But you would accept that there is a risk of a disconnect between the way in which you handle the business owners or business management and the consumers of the business. You…15 Jun 2021HANSARDG7 Summit: Trade PrioritiesWith all due respect to the Secretary of State, boosting the overall global supply of vaccines is key to get global trade going, secure British jobs and help our allies in the…10 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) BillIt is encouraging to hear the Minister’s confidence in the transformation programme. Given the concerns that consumers might lose out in the demutualisation of Liverpool Victoria,…08 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) BillI rise to support the Bill, but to suggest that there are wider issues to be considered from the scandal behind it. In particular, I suggest that there are disturbing echoes of…08 Jun 2021HANSARD Compensation (London Capital & Finance plc and Fraud Compensation Fund) BillThe Minister will understand that part of the reason why we are here today is because of Dame Elizabeth Gloster’s excoriating report into the capacity of the Financial Conduct…08 Jun 2021HANSARDTopical QuestionsNorthwick Park Hospital, which serves my constituents, was the first to be hard hit by covid last year. At the height of the second wave in January, its remarkable staff were…08 Jun 2021HANSARD British CouncilI share the concern about the British Council’s funding settlement and the potential office closures, not least because of the understated role that the British Council plays in…08 Jun 2021HANSARDEngagementsThere are over 4.3 million children—and rising—growing up in poverty, including some 18,000 in Harrow. Will the Prime Minister agree to put right the error of a previous Prime…26 May 2021HANSARD Environment BillThe Minister will know that England lags significantly behind the other countries of the UK on tree planting to help tackle climate change. She will also be aware that there is no…26 May 2021