Contributions
222 recent contributions in Hansard
HANSARDMini-tender Offers: Protection for ShareholdersThe noble Baroness is correct, of course. Mini-tenders are not a distinct regulatory category. However, we believe that the activities associated with them currently fall within…15 Jul 2026HANSARDMini-tender Offers: Protection for ShareholdersMy noble friend raises an important point about financial education and financial literacy more generally. Again, I am happy to write to him. There are a number of initiatives…15 Jul 2026HANSARDMini-tender Offers: Protection for ShareholdersThe Digitisation Taskforce and the access to data have many benefits, not only on promotions but for the issuers of shares to understand where exactly the shareholders are on…15 Jul 2026HANSARDMini-tender Offers: Protection for ShareholdersI am sorry, what was the question?15 Jul 2026HANSARDMini-tender Offers: Protection for ShareholdersI have become well aware of the noble Baroness’s interest in this issue. I am certainly not going to speak for a Prime Minister before he is appointed next week, but this really…15 Jul 2026HANSARDMini-tender Offers: Protection for ShareholdersThe noble Baroness raises important points. There are two distinct answers to the question. On access to data, the courts have declared that a regulated entity, which any…15 Jul 2026HANSARDMini-tender Offers: Protection for ShareholdersMy Lords, the Government are committed to promoting the culture of retail investment. We are concerned by reports of shareholders being targeted by unsolicited offers to sell…15 Jul 2026HANSARDMini-tender Offers: Protection for ShareholdersMy Lords, I will of course be happy to meet the noble Baroness. As I hope we are showing through the process on that Bill, we are trying to rightsize our regulation to ensure that…15 Jul 2026HANSARDMini-tender Offers: Protection for ShareholdersPart of the FCA’s consumer duty is to ensure that consumers are well informed and protected. The Home Office has issued another policy on protection from particular scams. I am…15 Jul 2026HANSARDMini-tender Offers: Protection for ShareholdersI hope my noble friend saw the Chancellor’s Mansion House speech last night— I imagine everyone was glued to it at 9 pm, as I was. Very much part of what this Government and the…15 Jul 2026HANSARDFinancial Services and Markets Bill [HL]My Lords, I thank the noble Baroness, Lady Neville-Rolfe, and the noble Lords, Lord Altrincham, Lord Ranger of Northwood and Lord Holmes of Richmond, for these amendments and…08 Jul 2026HANSARDFinancial Services and Markets Bill [HL]My Lords, I am grateful to noble Peers for raising the important issues of financial education and the right of action for SMEs. On financial education, Amendment 167 would place…08 Jul 2026HANSARDFinancial Services and Markets Bill [HL]I do not have it to hand. My apologies, I will bring it to the noble Lord. We are confident that the changes will improve trust and confidence that the FOS acts fairly and…08 Jul 2026HANSARDFinancial Services and Markets Bill [HL]My Lords, I have enjoyed this exchange of views today. As the noble Lord, Lord Vaux, pointed out, it is refreshing and a little unsettling to find myself in the middle ground in a…08 Jul 2026HANSARDFinancial Services and Markets Bill [HL]My Lords, Amendments 155 to 158 and 160 all relate to Clause 40. As I set out in the previous debate, Clause 40 makes the ring-fencing regime more flexible and proportionate by…08 Jul 2026HANSARDFinancial Services and Markets Bill [HL]My Lords, risk transformation is a key element of the UK’s insurance market, and the growth of this market is critical to the Government’s objective of making the UK the location…08 Jul 2026HANSARDFinancial Services and Markets Bill [HL]My Lords, I am grateful to the noble Lord, Lord Holmes of Richmond, for tabling these amendments and for his contributions to this and the previous debate. I will not rehash the…08 Jul 2026HANSARDFinancial Services and Markets Bill [HL]My Lords, I am grateful to the noble Baroness for tabling this amendment and giving the Committee a further opportunity to discuss the FOS. An effective ombudsman service ensures…08 Jul 2026HANSARDFinancial Services and Markets Bill [HL]I do not have it to hand. My apologies, I will bring it to the noble Lord. We are confident that the changes will improve trust and confidence that the FOS acts fairly and…08 Jul 2026HANSARDFinancial Services and Markets Bill [HL]My Lords, I thank the noble Baroness, Lady Bennett of Manor Castle, for her amendment. I have listened carefully to the arguments presented both in support and in opposition. I…08 Jul 2026