Contributions
1,763 recent contributions in Hansard
HANSARDContingencies Fund Advance: National Savings and InvestmentsHM Treasury and the Chief Secretary to the Treasury have agreed additional resource DEL funding of £40,500,000 for National Savings and Investments to respond to covid-19 issues,…17 Dec 2020HANSARDTax Exemptions: EmployersOn 9 July 2020, the Government agreed to introduce an income tax exemption and national insurance contributions (NICs) disregard to ensure that coronavirus antigen testing…17 Dec 2020HANSARDSpecial Resolution Regime Code of PracticeI have today laid before Parliament an update to the special resolution regime code of practice. This update accounts for the transposition of the Bank Recovery and Resolution…17 Dec 2020HANSARDOperations of the UK's Counter-Terrorist Asset Freezing Regime:1 April 2020 to 30 June 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…14 Dec 2020HANSARD Covid-19 Support Schemes: Ineligible PeopleIt is a pleasure to serve under your chairmanship, Ms Rees. I congratulate the hon. Member for Twickenham (Munira Wilson) on securing the debate, and I thank the 14 Back-Bench…09 Dec 2020HANSARD Covid-19 Support Schemes: Ineligible PeopleI will be very happy to take just one intervention.09 Dec 2020HANSARD Covid-19 Support Schemes: Ineligible PeopleI thank the hon. Gentleman for his intervention. Of course, one of the challenges that we had to come to terms with was the need to deliver a scheme as quickly as possible, and to…09 Dec 2020HANSARD Covid-19 Support Schemes: Ineligible PeopleThe hon. Gentleman shakes his head, but that, practically, was the challenge that we, working with officials, had to overcome. We had to make a judgment as to how to reconcile…09 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)I am very happy to look at that particular case. The point I am making is that there is a mechanism to compel the FCA to investigate, and the Treasury does not do that in…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)It is clear that this new clause is similar to other amendments. We have discussed the issues in relation to Basel and PRIIPs measures, and new clauses 33 and 34 would mean that…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)It is a pleasure to serve under your chairmanship, Dr Huq. Before I respond to the hon. Member for Erith and Thamesmead, I would like to recognise her award last night as newcomer…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)New clause 9 would require the Treasury to publish and lay before both Houses of Parliament an annual report that outlines its progress towards international action on public…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)Further to that point of order, Dr Huq, I thank the right hon. Member for Wolverhampton South East for the courteous and constructive way in which he led the Opposition scrutiny…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)I am grateful for the enticement to be generous, but I was quite generous on new clause 8. I gave some positive indications about the intentions of the Government, and I look…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)I think I have previously detailed my response to new clauses 22 and 26 why it would not be appropriate for Parliament to scrutinise all regulator rules made in relation to those…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)The UK Government are committed to supporting investment across the whole of the United Kingdom. Indeed, at the spending review, we confirmed our intention to establish a new…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)The Government are committed to ensuring that the interests of individuals and businesses that use financial services are protected. With the creation of the conduct-focused…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)The change proposed under this new clause to allow Select Committees to require the FCA to launch investigations in situations where there is suspected regulatory failure would…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)I would like to sincerely thank the hon. Member for Walthamstow for her tireless work in this area—she does not look too happy that I have said that, but I sincerely mean it. I…03 Dec 2020HANSARDFinancial Services Bill (Twelfth sitting)The Government are committed to ensuring consistently high standards across the UK’s anti-money laundering supervision system, and the FCA’s Office for Professional Body…03 Dec 2020