Contributions
657 recent contributions in Hansard
HANSARDFinancial Services and Markets Bill (Ninth sitting)It is a pleasure to serve under your chairmanship again, Mr Sharma. I start by paying tribute to my hon. Friend the Member for Walthamstow, as others have done, for tabling the…03 Nov 2022HANSARDFinancial Services and Markets Bill (Ninth sitting)I beg to move, That the clause be read a Second time.03 Nov 2022HANSARDFinancial Services and Markets Bill (Tenth sitting)On a point of order, Mr Sharma. I thank you and Government Members. We wanted to get this Bill through and, as a shadow Minister, we do not have a team of officials working for…03 Nov 2022HANSARDFinancial Services and Markets Bill (Tenth sitting)After that performance, I have even less confidence in the Minister. He is being increasingly complacent in his attitude and I firmly believe that the Government lack ambition in…03 Nov 2022HANSARDFinancial Services and Markets Bill (Seventh sitting)It is a pleasure to serve under your chairmanship, Mr Sharma. I have just one question for the Minister. How does he foresee the Payment Systems Regulator’s new sustainable growth…01 Nov 2022HANSARDFinancial Services and Markets Bill (Seventh sitting)I will speak to clause 47 and the various amendments tabled to it by my hon. Friend the Member for Mitcham and Morden and the hon. Member for Glenrothes, who cannot be here…01 Nov 2022HANSARDFinancial Services and Markets Bill (Eighth sitting)The rumours were in the press and the sector was quite worried about it. I appreciate the Minister’s clarification of his position. Question put and agreed to. Clause 65…01 Nov 2022HANSARDFinancial Services and Markets Bill (Eighth sitting)I will go through the clauses in this group and ask my questions in turn. Clause 65 will give the Treasury powers to consider whether a payment system using digital settlement…01 Nov 2022HANSARDFinancial Services and Markets Bill (Eighth sitting)We welcome clause 64. I support the principle of the Treasury guaranteeing support for reinsurance in the event of a terrorist attack, but how will the provisions in the clause…01 Nov 2022HANSARDFinancial Services and Markets Bill (Eighth sitting)Clause 63 contains some welcome and long-overdue provisions, such as enabling credit unions to offer a wide range of products. However, I do not think the Bill does much to…01 Nov 2022HANSARDFinancial Services and Markets Bill (Eighth sitting)The Bill provides for the reimbursement of fraud victims who send money using the faster payment system. Is the Minister saying that other payment systems are included in the…01 Nov 2022HANSARDFinancial Services and Markets Bill (Eighth sitting)UK Finance found that fraud has hit a new high under this Government. Is the Minister going to blame the EU, once again, for that record high? Would he like me to send him the UK…01 Nov 2022HANSARDFinancial Services and Markets Bill (Seventh sitting)We welcome clause 48, but I have two questions for the Minister. First, how will Parliament and industry be consulted on the scale of the fees placed on businesses by the Bank to…01 Nov 2022HANSARDFinancial Services and Markets Bill (Eighth sitting)Labour fully supports clause 62, which enhances protection for victims of authorised push payment schemes, but we are deeply disappointed that the Bill does nothing to strengthen…01 Nov 2022HANSARDFinancial Services and Markets Bill (Seventh sitting)We welcome this series of technical clauses, but I have two questions for the Minister. First, will he set out what disciplinary action regulators could take under clause 53…01 Nov 2022HANSARDFinancial Services and Markets Bill (Seventh sitting)I shall speak to schedule 8 and amendments 19, 20 and 21 together. We recognise that the Bill sets out an important, overarching framework to protect access to cash. However, many…01 Nov 2022HANSARDFinancial Services and Markets Bill (Seventh sitting)Well, we have certainly spent enough time together. “In due course” is very vague, as I am sure the Minister will agree. Can he not give us any sort of timeline? I have not had a…01 Nov 2022HANSARDFinancial Services and Markets Bill (Seventh sitting)Because of the volume of trades cleared through CCPs, the failure of one could pose risks to the stability of the financial system. We therefore welcome clause 50 and the…01 Nov 2022HANSARDFinancial Services and Markets Bill (Seventh sitting)Will the Minister give way?01 Nov 2022HANSARD Employment Relations (Flexible Working) BillMy hon. Friend is making an important speech on an issue that I am passionate about. She will know that we as a country are in the midst of a mental health crisis that, in…28 Oct 2022