Contributions
793 recent contributions in Hansard
HANSARDMoney LaunderingMy Lords, the National Economic Crime Centre leads and co-ordinates the UK’s response to economic crime. Prosecutions for economic crime are pursued by the National Crime Agency…24 Nov 2021HANSARDMoney LaunderingMy Lords, we are certainly committed to that. I am afraid I cannot give a date yet. As the noble Lord will know, we are trying to put a huge amount of legislation through both…24 Nov 2021HANSARDUK Cash NetworkMy Lords, to reassure the noble Baroness, the provision of cash access across the UK remains extensive. As of March this year, 95% of the population were within two kilometres of…08 Nov 2021HANSARDUK Cash NetworkMy Lords, as part of the FCA’s role in monitoring and enforcing cash access, the Government consider that it should be given responsibility for ensuring that access points provide…08 Nov 2021HANSARDUK Cash NetworkMy Lords, designation of the United Kingdom’s critical national infrastructure is sensitive and as such is not made public. However, the Government have committed to legislating…08 Nov 2021HANSARDUK Cash NetworkMy Lords, we are certainly looking at a digital system, but I reassure the noble Baroness that cash remains a key part of the ecosystem.08 Nov 2021HANSARDUK Cash NetworkMy noble friend is right that access to cash can be more difficult for those less well off. However, as he will be aware, LINK has committed to protect free-to-use ATMs more than…08 Nov 2021HANSARDUK Cash NetworkI agree with my noble friend; he is completely correct. It is worth pointing out as some reassurance that over 79% of adults over 65 have made a payment using contactless in the…08 Nov 2021HANSARDUK Cash NetworkThe noble Lord makes a good point—though perhaps he meant “cyber” attacks—and it is certainly part of our responsibility to ensure that the banking system is resilient to attacks.…08 Nov 2021HANSARDUK Cash NetworkMy Lords, basic bank accounts are one requirement of the banking system; the nine largest account providers are required to provide this to customers, and there are some 7 million…08 Nov 2021HANSARDUK Cash NetworkMy Lords, the Government’s consultation set out proposals for the Financial Conduct Authority to become the lead regulator for oversight of the retail cash system, including…08 Nov 2021HANSARDUK Cash NetworkMy noble friend asks important questions. On access to cash, as I said in earlier answers, the Government are committed to legislating to protect access to cash and ensuring that…08 Nov 2021HANSARDBudget StatementMy Lords, the Budget and spending review that the Chancellor set out last week delivers a stronger economy for the British people. It shows what this Government are about:…03 Nov 2021HANSARDBudget StatementMy Lords, it is a privilege to close this debate on behalf of the Government. Let me thank noble Lords for the many insightful and considered contributions that we have heard…03 Nov 2021HANSARDBudget StatementThat the Grand Committee takes note of the economy in the light of the Budget Statement.03 Nov 2021HANSARDCritical Benchmarks (References and Administrators’ Liability) Bill [HL]That the Bill do now pass.02 Nov 2021HANSARDCritical Benchmarks (References and Administrators’ Liability) Bill [HL]My Lords, I would like to make a few short remarks. The Bill builds on the Financial Services Act 2021, which gave the FCA powers to oversee the orderly wind-down of a critical…02 Nov 2021HANSARDHomes: AffordabilityMy Lords, I start by thanking the noble Lord, Lord Bird, for bringing this debate. I know that tackling the causes of poverty and homelessness has been his life’s work and we…28 Oct 2021HANSARDCritical Benchmarks (References and Administrators’ Liability) Bill [HL]That the order of commitment be discharged.27 Oct 2021HANSARDCritical Benchmarks (References and Administrators’ Liability) Bill [HL]My Lords, I understand that no amendments have been set down to this Bill and that no noble Lord has indicated a wish to move an amendment or to speak in Committee. Unless,…27 Oct 2021