Financial Services (Banking Reform) Bill

Moved by

Lord Newby

9: After Clause 18, insert the following new Clause—

“Vetti...

My Lords, these amendments do two things. First, and most obviously, they implement the changes t...

My Lords, the PCBS always envisaged a two-tier system, one for senior persons where prior registr...

My Lords, first, I declare an interest as a commissioner of the Guernsey Financial Services Commi...

My Lords, the present amendments fortify Part 4 by creating a comprehensive structure for conduct...

My Lords, I am glad to see that the introduction of Clause 15 on Report has at last seen the Gove...

My Lords, I am very grateful to noble Lords for the general welcome that they have given these pr...

That is very helpful, but will the noble Lord therefore explain why proposed new Subsection (3B) ...

I think that is consequential on using “may”.

Moved by

Lord Deighton

10: After Clause 18, insert the following new Clause—

“D...

Moved by

Lord Deighton

13: Clause 24, page 37, line 45, at end insert—

“64B Rul...

Moved by

Lord Deighton

15: Clause 25, page 39, line 38, leave out “authorised” and in...

Moved by

Lord Deighton

17: Clause 26, page 41, line 9, at end insert—

“(3A) The...

Moved by

Lord Watson of Invergowrie

19: After Clause 28, insert the following new Cla...

My Lords, my noble friends Lord Brennan and Lord McFall have tabled amendments on the issue of an...

My Lords, I support this amendment. The debate on anti-money-laundering that we have undertaken d...

My Lords, I support the amendment. In evidence from business people to the Treasury Committee and...

My Lords, perhaps I may make the point that I made last time this matter came up for debate—a poi...

My Lords, I think that I can safely say that every Member of this House will agree with the noble...

My Lords, I thank the Minister for that clearly considered response and I note what he says. Cert...

Moved by

Lord Newby

20: After Clause 123, insert the following new Clause—

“Dut...

My Lords, I turn to the Government’s amendments on high-cost, short-term—or payday—lending. The G...

Before the Minister sits down, perhaps I may remind him that earlier this year the noble Lord, Lo...

Moved by

Lord Sharkey (LD)

21: After Clause 123, line 9, at end insert “, and to prev...

My Lords, I rise to move Amendment 21 and to speak to Amendment 20. I congratulate the Government...

My Lords, I want to make two very brief points. The amendment refers to “charges” and to “high-co...

My Lords, my head has been spinning in disbelief since the introduction of this Government’s amen...

My Lords, I rise to support Amendment 21 and will speak to Amendment 20. I am sure that we are al...

My Lords, I take a moment to thank the noble Lord, Lord Lawson, for his kind remarks about my fri...

My Lords, my noble friend Lord Mitchell in speaking to his amendment on the proposed date referre...

My Lords, noble Lords have raised a number of issues and questions. I shall do my best to answer....

Would it not be better none the less at line 9 of the amendment to say “against excessive rates o...

Charges are also quantifiable. The aim, as we have set out very clearly, is to cover all componen...

Before the noble Lord sits down, perhaps I may prompt him to address the question of payday loan ...

My Lords, this is a complicated area that we have just begun to start looking at. In order to min...

My Lords, I am grateful for the answers that the Minister has given, with the possible exception ...

Moved by

Lord Eatwell

22: After Clause 123, line 19, leave out “2 January 2015” and i...

My Lords, I was struck by the reply of the noble Lord, Lord Newby, on the issue of companies from...

Moved by

Lord Newby

23: After Clause 123, insert the following new Clause—

“Rol...

My Lords, I now turn to an amendment which will better position the PRA to take account of consum...

My Lords, I welcome this amendment, which will add important coherence to the consideration of co...

Moved by

Lord Deighton

24: After Clause 124, insert the following new Clause—

“...

We now turn to the proposal to put in the Bill new requirements on regulators to meet the auditor...

My Lords, once again, I am extremely grateful to my noble friend Lord Deighton and his colleagues...

My Lords, I will be very brief in supporting the comments of the noble Lord, Lord Lawson. I have ...

With respect to the question asked by my noble friend Lord Lawson about what constraints the EU l...

I am most grateful, but will my noble friend agree to look further into this and, if there is a c...

Of course, I would happy with that undertaking. I fully accept the observation from the noble Lor...

Moved by

Lord Deighton

25: Clause 126, page 99, line 5, after “procedure)” insert “—<...

Moved by

Lord Newby

26: After Clause 129, insert the following new Clause—

“Rec...

My Lords, I turn finally to the amendments that deal with claims management companies and the Off...

My Lords, these final amendments allow me to raise a point of general importance about the Bill. ...

My Lords, I am delighted to support Amendment 26, which stands in the names of the noble Lord, Lo...

My Lords, I know it is getting late, but as this group of amendments draws to a close, I hope you...

Moved by

Lord Deighton

27: Clause 131, page 102, line 11, leave out “or the Secretary...

Moved by

Lord Deighton

30: Clause 134, page 103, line 19, leave out “or Secretary of ...

Moved by

Lord Deighton

32: Clause 135, page 103, line 31, leave out “or Secretary of ...

Moved by

Lord Deighton

34: Clause 136, page 103, line 41, leave out from “Ireland” to...

Moved by

Lord Deighton

35: Clause 137, page 104, line 5, at beginning insert “The fol...

Moved by

Lord Deighton

38: Schedule 2, page 121, line 25, leave out from first “instr...

Moved by

Lord Deighton

56:In the Title, line 7, leave out “for penalties to be impose...

Moved by

Lord Deighton

My Lords, it is incumbent on us to respond to the very kind words of my noble friend Lord Deighto...

My Lords, the noble Lord, Lord Deighton, expressed the view that this was the final piece of the ...