Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill
Wednesday, 12 May 2021
Bills
House of Commons
Tuesday, 8 June 2021
Parliamentary proceedings
House of Commons
I beg to move amendment 1, page 1, line 18, at end insert—
“(5) Within six months of this A...
The hon. Gentleman is making some good points and has been very vocal in this Chamber to draw att...
Show all contributions (41)
It may well have been achieved by the Government’s response to the report, but the Gloster report...
I want to take the hon. Gentleman back to the point made by the hon. Member for Thirsk and Malton...
The hon. Gentleman makes a valid point, which is well worth consideration. I do not want to go in...
On the allocation of compensation to different individuals, all victims are victims of this scam,...
We have to remember that we are dealing with a large number of people. It is not just one company...
It is a pleasure to have the opportunity to debate these issues. The amendment tabled by the hon....
I accept the point that the hon. Gentleman is making, but does he also accept that many small inv...
Anybody reading the report will be appalled by the regulator’s performance in this case, given no...
My hon. Friend says that he welcomes the compensation that is being made. Of course, so do I and ...
I could not agree more. The UK has a pretty poor record in terms of bringing forward fraud prosec...
I am very happy to support my hon. Friend’s campaign to ensure that justice is done in this case....
That is very welcome.
The key point in the amendment is about oversight. I am concerned tha...
I am sympathetic to the broad thrust of the amendment tabled by the hon. Member for Glenrothes (P...
I really appreciate all the work that the hon. Gentleman has done on this matter. On the consumer...
The hon. Member invests an awful lot of confidence in me to predict what might happen, but I can ...
The hon. Gentleman’s idea of an independent committee should be considered among the wider tools ...
I am not sure I need to respond other than to thank the hon. Member for his intervention.
I am sure that many other people in the House often get frustrated, as I do, at unaccountable ind...
The hon. Member may be right. I simply put out the idea at this stage, and I hope Ministers will ...
I want to use the opportunity provided by the amendment to raise a few points, particularly about...
I thank the shadow Minister for giving way, and I will of course raise the same point with the Mi...
The hon. Member raises a very fair point. It has already been referenced in the debate that this ...
I understand the point, but does the right hon. Gentleman accept that defining those who have suf...
The right hon. Member raises a very fair point. If we pluck a sum of money out of the air, it cou...
There is clearly a need to specify which kinds of investment losses might be compensated, and whi...
The hon. Gentleman makes a fair point. On how we can be sure that this will not happen again, and...
I am coming to the end of my remarks; I hope the hon. Gentleman does not mind. I leave the Minist...
It is an honour and privilege to respond at Report of this important Bill, which deals with the c...
I am grateful to the Minister for allowing me briefly to intervene. He said he has had conversati...
It will take strong pressure by fantastically good constituency MPs such as my hon. Friend, and o...
We have just had a short debate on an amendment that was largely focused on clause 1. Before we f...
The Treasury deserves great credit for introducing this compensation scheme in the first place. I...
Residents in Hastings and Rye have been victims of London Capital & Finance. Does my hon. Friend ...
As I said on Report, it is incumbent on investors to check out investments. If something is payin...
The SNP will, as we indicated, support the Bill on Third Reading. I thank everyone who contribute...
I am pleased that the Government have offered compensation to investors who fell victim to the co...
I echo the comments made by my hon. Friend the Member for Leigh (James Grundy) and it is a real p...
I rise to respond to colleagues and wrap up the Bill, and I do so with great humility because thi...