Contributions
1,763 recent contributions in Hansard
HANSARDDraft Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019
Draft Long-term Investment Funds (Amendment) (EU Exit) Regulations 2019It is a pleasure to serve under your chairmanship, Mr Bailey. As the Committee is aware, the Treasury has been undertaking a programme of legislation to ensure that if the UK…30 Jan 2019HANSARDLeaving the EU: Economic ForecastsOn 28 November, the Bank of England published analysis on how the short-term impact of leaving the EU could affect the Bank’s ability to meet its objectives for monetary and…29 Jan 2019HANSARDLeaving the EU: Economic ForecastsI very much recognise the risks associated with no deal. That is why the Government are very clear, as the Prime Minister will set out shortly, about the imperative for the House…29 Jan 2019HANSARDTopical QuestionsA consultation was launched in October, and we intend it to be as wide as possible. The consultation closes today and the Government will respond shortly, but we are very…29 Jan 2019HANSARDTopical QuestionsWhat I can tell the hon. Gentleman is that banks must make commercial decisions on the basis of what works for them. When I visited Scotland, I found they were also keen to work…29 Jan 2019HANSARDLeaving the EU: Economic ForecastsI very much regret the hon. Gentleman’s tone. As he knows, the reality is that the best way of avoiding a no-deal scenario is to get behind the Prime Minister’s deal and vote for…29 Jan 2019HANSARDDraft Market Abuse (Amendment) (EU Exit) Regulations 2018
Draft Credit Rating Agencies (Amendment, Etc.) (EU Exit) Regulations 2019That probably merits a further meeting.23 Jan 2019HANSARDDraft Market Abuse (Amendment) (EU Exit) Regulations 2018
Draft Credit Rating Agencies (Amendment, Etc.) (EU Exit) Regulations 2019I beg to move, That the Committee has considered the draft Market Abuse (Amendment) (EU Exit) Regulations 2018.23 Jan 2019HANSARDCounter-terrorist Asset Freezing RegimeUnder 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…23 Jan 2019HANSARDDraft Market Abuse (Amendment) (EU Exit) Regulations 2018
Draft Credit Rating Agencies (Amendment, Etc.) (EU Exit) Regulations 2019I am happy to confirm that point—I wondered what my right hon. Friend was going to come out with. As part of the programme that I have set out, the draft regulations will address…23 Jan 2019HANSARDDraft Market Abuse (Amendment) (EU Exit) Regulations 2018
Draft Credit Rating Agencies (Amendment, Etc.) (EU Exit) Regulations 2019It is a pleasure to serve under your chairmanship again, Mr Davies. The Treasury has been preparing extensively for a range of outcomes in the context of the UK’s withdrawal from…23 Jan 2019HANSARDDraft Market Abuse (Amendment) (EU Exit) Regulations 2018
Draft Credit Rating Agencies (Amendment, Etc.) (EU Exit) Regulations 2019I am extremely grateful for the comments from the hon. Members for Oxford East and for Linlithgow and East Falkirk. I shall try to respond to the points raised in detail. The hon.…23 Jan 2019HANSARDDraft Market Abuse (Amendment) (EU Exit) Regulations 2018
Draft Credit Rating Agencies (Amendment, Etc.) (EU Exit) Regulations 2019To pick up from where I left off, the best solution would be for my hon. Friend the Member for North East Hampshire to write to me about his specific concern. I will look into it…23 Jan 2019HANSARDDraft Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, Etc., and Transitional Provision) (EU Exit) Regulations 2018I thank the hon. Members for Oxford East, for Aberdeen North and for Garston and Halewood for their clear questioning. I shall try very hard to answer the points raised. I hear…22 Jan 2019HANSARDDraft Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, Etc., and Transitional Provision) (EU Exit) Regulations 2018I beg to move, That the Committee has considered the draft Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional…22 Jan 2019HANSARDDraft Interchange Fee (Amendment) (EU Exit) Regulations 2018I draw the hon. Lady’s attention to the de minimis assessment that was passed as per the rules of the House and that sets out the impact of this SI, as well as to the consequences…22 Jan 2019HANSARDDraft Interchange Fee (Amendment) (EU Exit) Regulations 2018We have to remember that this is in a no-deal situation; we would be outside and without the scope of the EU regulations of which we are currently a part. We would have no…22 Jan 2019HANSARDDraft Interchange Fee (Amendment) (EU Exit) Regulations 2018I fully recognise that that is a legitimate point to raise, but in addition to this process we have the in-flight files Bill, which determines how we would go about onshoring—or…22 Jan 2019HANSARDDraft Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, Etc., and Transitional Provision) (EU Exit) Regulations 2018I concur. The hon. Member for Oxford East asked whether the regulator has adequate resources to cope with its new powers to supervise trade repositories. The Treasury has worked…22 Jan 2019HANSARDDraft Interchange Fee (Amendment) (EU Exit) Regulations 2018I thank the hon. Members for Stalybridge and Hyde and for Glasgow Central, for their points. I will do my very best to respond to them all. First, I will address the overall…22 Jan 2019