Contributions
1,763 recent contributions in Hansard
HANSARDEquitable LifeLet me start, as others have done, by acknowledging the role of my hon. Friend the Member for Harrow East (Bob Blackman), his long-standing work on the issue and his success in…21 Jan 2021HANSARDEquitable LifeI will not, because of time. Indeed, the ombudsman wrote to the APPG to clarify that position. Today, we have heard additional representations on the transparency and accuracy of…21 Jan 2021HANSARDDraft Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2020I am very grateful to the right hon. Gentleman for his thoughtful remarks. I echo his sentiments about the contribution that funeral directors make up and down the country, in…19 Jan 2021HANSARDCounter-Terrorist Asset Freezing Regime: 1 July to 30 September 2020Under the Terrorist Asset-Freezing etc. Act 2010 (TAFA 2010), the Treasury is required to prepare a quarterly report regarding its exercise of the powers conferred on it by part 1…19 Jan 2021HANSARDDraft Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2020I beg to move, That the Committee has considered the draft Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2020. It is a pleasure to serve under…19 Jan 2021HANSARD Financial Services BillI beg to move, That the clause be read a Second time.13 Jan 2021HANSARD Financial Services BillI am very happy to do that. Indeed, the Bill makes provision to ensure that there is ongoing certainty for financial services—particularly the insurance industry, which is so…13 Jan 2021HANSARD Financial Services BillThank you, Mr Deputy Speaker; and I thank all Members who have tabled amendments and spoken to them today. The Bill deals with a number of important issues, which has been…13 Jan 2021HANSARD Financial Services BillIndeed, Martin Lewis, who does some excellent work in this regard and whom I met on this topic recently, looked at this very matter—he commissioned some work from the London…13 Jan 2021HANSARD Financial Services BillI am very happy to—I thought I might provoke an intervention from my right hon. Friend.13 Jan 2021HANSARD Financial Services BillOur financial services sector is critical to our national effort to recover from the impacts of covid-19 and move towards a resilient, open and sustainable future for the UK…13 Jan 2021HANSARD Financial Services BillI am very happy to respond to that. That is why, over the last three years, I have engaged with the problem and worked with the FCA to change the lending criteria so that an…13 Jan 2021HANSARD Financial Services BillI thank the hon. Gentleman for his point. It really does stray beyond the provisions of this particular amendment. He makes an important point, but it is not one that I can…13 Jan 2021HANSARD Financial Services BillI will not on this occasion, if the hon. Gentleman does not mind, because I need to make progress. In the context that I just outlined, e-money and payment institutions are…13 Jan 2021HANSARD Financial Services BillI beg to move, That the Bill be now read the Third time. I would like to build on what I was saying previously and thank all Members for their examination of this legislation…13 Jan 2021HANSARD Financial Services BillMy right hon. Friend has raised this matter in the context of having raised it in a number of other regards with respect to the Trade Bill, and it would obviously be appropriate…13 Jan 2021HANSARD Financial Services BillIt is easy to point to headline differences in rates of fines, but it is quite different to intervene with a new piece of legislation that is fit for purpose. That is why I am…13 Jan 2021HANSARDMoney Laundering and Terrorist Financing: National Risk AssessmentThe UK’s status as a global financial centre, our openness to trade and investment, and the ease of doing business here are all vital for our prosperity. These remarkable…17 Dec 2020HANSARDFinancial Services UpdateOn 24 November, in a written ministerial statement (WMS) (HCWS595), I committed to working with the Financial Conduct Authority (FCA) to lay before Parliament and publish online…17 Dec 2020HANSARDBilateral Loan to IrelandI would like to update Parliament on the loan to Ireland. In December 2010, the UK agreed to provide a bilateral loan of £3.2 billion as part of a €67.5 billion international…17 Dec 2020