Contributions
607 recent contributions in Hansard
HANSARDFinancial Services (Implementation of Legislation) Bill [HL]The legislation we are dealing with is in its very composition a temporary measure; it is a temporary piece of primary legislation with a sunset clause.08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]To go back to first principles, I am saying that the power in this Bill is not in effect to make policy—rather, it is the ability to produce secondary legislation that has a…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]My Lords, I thank noble Lords for contributing to the debate and speaking to their amendments. Let me set out the Government’s position regarding the amendment moved by the noble…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]I agree, in that spirit, to take back that point and look at it in the wider context of my opening remarks in responding to the noble Lord, Lord Adonis. I hope that he will feel…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]I thank my noble friend Lord Hodgson for ably introducing this amendment. A substantial part of my speaking notes is remarkably similar to those for Amendment 2, when I responded…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]There speaks the voice of experience. From his time speaking from this side of the Chamber, the noble Lord has perhaps pre-empted some of the concerns that we would have about…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]My Lords, I hope I can oblige the noble Lord, Lord Davies, with a constructive response to end Committee. I thank all noble Lords who have taken part. I understand that several…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]Her Majesty’s Government are, of course, very frugal and are always willing to take free legal advice, particularly when it comes from such a distinguished source. I shall add…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]I am getting a certain sense of déjà vu having sat through the early morning debates on the EU withdrawal Bill, as it was at that stage, on words such as “appropriate”. I do not…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]I am not going to direct what committees of this House opine on—it is certainly not within my powers to do so—and of course they are at liberty to express their views. From a…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]I certainly defer to the noble Lord’s great experience in this area of regulation. One purpose of this Bill is to give assurances and certainty to precisely the people whom he has…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]I hear what the noble Lord and the Committee have said. That is what a Committee stage is for: it is for the Government to listen to what noble Lords have to say. I am grateful…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]My Lords, I thank noble Lords on all sides for their constructive suggestions during this short debate. I am grateful for these contributions. The noble Lord, Lord Tunnicliffe,…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]I am always willing to engage and it is helpful, if I may say so, to engage in that debate, because the point the noble Lord is making is more on general principles than on…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]I hear what the noble Lord is saying. Without wanting to rehearse Second Reading again or to undermine any of the progress that I feel we have already made on this in Committee, I…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]My Lords, first, I am sure that I speak for the whole Committee in thanking the noble Lord for his succinctness in presenting his amendment. I recognise the old adage that…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]The noble Lord is familiar with the way this works. I used to sit on that side of the House while he was having similar words prepared for him. Adjustment leads to an altered…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]I thank the noble Lord, Lord Adonis, for introducing his amendment, and all noble Lords who have spoken. I will touch on some of the points made, but before I do, perhaps I may…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]Perhaps it would be helpful at this stage to agree that these issues will be addressed in future groups. We will choose some wording—if not today, then certainly before…08 Jan 2019HANSARDFinancial Services (Implementation of Legislation) Bill [HL]I will just finish this point if I may. That is why the noble Lord, Lord Tunnicliffe, and I and indeed the noble Baronesses, Lady Kramer and Lady Bowles, spent so much time in…08 Jan 2019