Contributions
1,763 recent contributions in Hansard
HANSARDExiting the European Union (Financial Services)I beg to move, That the draft Public Record, Disclosure of Information and Co-operation (Financial Services) (Amendment) (EU Exit) Regulations 2019, which were laid before this…18 Feb 2019HANSARDSantander Closures and Local CommunitiesI am not going to take any more interventions, because I only have four more minutes.14 Feb 2019HANSARDSantander Closures and Local CommunitiesMy hon. Friend’s intervention picks up on the point made by my hon. Friend the Member for Angus (Kirstene Hair) and others about hubs. The hon. Member for Ceredigion (Ben Lake)…14 Feb 2019HANSARDSantander Closures and Local CommunitiesAs Minister I have conversations with banks and the FCA frequently. These are matters that can be considered.14 Feb 2019HANSARDSantander Closures and Local CommunitiesI would be happy to—I was just going to refer to the hon. Gentleman’s points.14 Feb 2019HANSARDSantander Closures and Local CommunitiesIn deference to my esteem for my shadow Front-Bench colleague, I will.14 Feb 2019HANSARDSantander Closures and Local CommunitiesI respect the concern that the hon. Gentleman has raised and I will respond to it. Before I get into the detail into what I am trying to do as the Minister with responsibility in…14 Feb 2019HANSARDSantander Closures and Local CommunitiesI was laying out the statistics to show the rapidity of the direction of change. On the point made by the hon. Member for Stalybridge and Hyde (Jonathan Reynolds), we must look at…14 Feb 2019HANSARDSantander Closures and Local CommunitiesI am doing all I can to work towards a situation where the best credit unions can see a way to grow and to provide more. The money from dormant assets can be used to help them…14 Feb 2019HANSARDSantander Closures and Local CommunitiesI am anxious not to make my response completely about credit unions, but the 146 credit unions that exist have a whole range of governance models and levels of confidence about…14 Feb 2019HANSARDSantander Closures and Local CommunitiesI hope the hon. Gentleman will forgive me, but I want to focus on the thoughtful point made by the hon. Member for Barrow and Furness. He referred to his time as an adviser in the…14 Feb 2019HANSARDSantander Closures and Local CommunitiesI am very happy to look into that. On access to cash machines, as I mentioned in the Adjournment debate last Thursday, we set up the payment systems regulator, which is…14 Feb 2019HANSARDSantander Closures and Local CommunitiesI will take that matter away and respond to the hon. Lady by letter. The Government recognise that there are people who are struggling to adapt to new ways of banking or just…14 Feb 2019HANSARDSantander Closures and Local CommunitiesMay I say what a pleasure it is to serve under your chairmanship, Mr Rosindell? I commend the hon. Member for Glasgow East (David Linden) for securing this debate and the 28…14 Feb 2019HANSARDSantander Closures and Local CommunitiesAs I was going to respond to the hon. Member for Ynys Môn (Albert Owen), who also raised that point about bank branch closure figures, the FCA, which is the regulator responsible…14 Feb 2019HANSARD Securitisation Regulations 2018rose—13 Feb 2019HANSARD Securitisation Regulations 2018I am very happy to draw the hon. Lady’s attention to the fact that the default rate for triple A rated bonds in the EU was 0.6%, while in the US it was 16%. The key point that the…13 Feb 2019HANSARDReinsurance (Acts of Terrorism) Act 1993In a written statement on 22 March 2018 [HCWS579], I informed Parliament that the Government intended to amend the Reinsurance (Acts of Terrorism) Act 1993 to enable the…13 Feb 2019HANSARD Securitisation Regulations 2018rose —13 Feb 2019HANSARD Securitisation Regulations 2018I am not certain, but I would imagine they were from the UK. It was an extensive consultation that led to the evolution of the regulations, which were then scrutinised at…13 Feb 2019