Contributions
793 recent contributions in Hansard
HANSARDCustoms Safety and Security Procedures (EU Exit) Regulations 2021My Lords, this statutory instrument is part of the Government’s package to extend the staging in of customs controls in Great Britain. The instrument concerns safety and security…22 Jun 2021HANSARDFinance BillMy Lords, this has been an excellent debate, and I thank noble Lords for their contributions. I will round up by addressing some of the issues raised by your Lordships, starting…08 Jun 2021HANSARDFinance BillMy Lords, we are here to debate the annual Finance Bill, introduced in the other place following the Budget on 3 March. My right honourable friend the Chancellor of the Exchequer…08 Jun 2021HANSARDFinance BillThat the Bill be now read a second time.08 Jun 2021HANSARDKalifa Review of UK FintechI gave noble Lords a sense of the key findings in my opening answer, but there are several others that I can make my noble friend aware of: for example, a task force led by the…27 Apr 2021HANSARDMoney Laundering and Terrorist Financing (Amendment) (High-Risk Countries) Regulations 2021My Lords, the Government are committed to combating money laundering and terrorist financing and recognise the threat that economic crime poses to our financial system. Illicit…27 Apr 2021HANSARDKalifa Review of UK FintechMy Lords, we are certainly keen to support the creation of a centre for finance, innovation and technology. In UK FinTech Week the Chancellor announced his support for the…27 Apr 2021HANSARDMoney Laundering and Terrorist Financing (Amendment) (High-Risk Countries) Regulations 2021That the Grand Committee do consider the Money Laundering and Terrorist Financing (Amendment) (High-Risk Countries) Regulations 2021. Relevant document: 51st Report from the…27 Apr 2021HANSARDMoney Laundering and Terrorist Financing (Amendment) (High-Risk Countries) Regulations 2021My Lords, I begin by thanking all noble Lords who have taken part in the debate for their thorough consideration of the statutory instrument. It is an important subject and some…27 Apr 2021HANSARDKalifa Review of UK FintechMy Lords, these concepts are still being designed and I will be very happy to update the noble Lord when more information is available. However, the key emphasis of scale-up is to…27 Apr 2021HANSARDKalifa Review of UK FintechMy Lords, the Government welcome the Kalifa Review of UK Fintech . The Chancellor recently set out the Government’s response at UK FinTech Week. This includes plans to take…27 Apr 2021HANSARDKalifa Review of UK FintechMy noble friend raises important points. These matters are always under discussion in the Treasury, although it is important to stress that there is a large amount of capital out…27 Apr 2021HANSARDKalifa Review of UK FintechThe noble Lord is right: we do not want to see citizens excluded from the digital world into which we are heading, and that matter is under continual consideration. It is also…27 Apr 2021HANSARDKalifa Review of UK FintechThe Government absolutely recognise the risk of a financially weak system. We learned important lessons 12 years ago and they are very much part of our institutional memory.27 Apr 2021HANSARDKalifa Review of UK FintechMy Lords, the Government recognise the importance of fintech in our economy. Indeed, that needs to flow through to the curriculum; we have extended the number of pupils studying…27 Apr 2021HANSARDKalifa Review of UK FintechMy noble friend is right that finance is an inherently risky business; my great-plus-three grandfather and his two brothers founded Close Brothers, so risk is certainly in my…27 Apr 2021HANSARDKalifa Review of UK FintechMy Lords, the Department for International Trade has just announced two initiatives which I hope will help to address the noble Baroness’s concerns: a new fintech cohort within…27 Apr 2021HANSARDKalifa Review of UK FintechMy Lords, as I touched on in answer to an earlier question, we absolutely recognise how important is to get our young people enthused by this industry of the future. I referred to…27 Apr 2021HANSARDRecognised Auction Platforms (Amendment and Miscellaneous Provisions) Regulations 2021I thank both noble Lords for their valuable contributions and questions in this short debate, and for their broad support of carbon pricing and this statutory instrument. The…15 Apr 2021HANSARDRecognised Auction Platforms (Amendment and Miscellaneous Provisions) Regulations 2021My Lords, I beg to move that the regulations, which were laid before the House on 8 March in draft, be approved. This statutory instrument, laid under the European Union…15 Apr 2021