UK Parliament / Open data

Bank of England and Financial Services Bill [HL]

Lords committee stage second day. Clauses 12 to 19 agreed to. Schedules 1 to 4 agreed to. Part 1 of 2.
Type
Parliamentary proceeding
Reference
765 cc1997-2035 
Session
2015-16
Department
Cabinet Office
Legislative stage
Committee stage
Procedure
New clauses
Chamber / Committee
House of Lords chamber
Financial Services and Markets Act 2000
Wednesday, 14 June 2000
Public acts
Bank of England and Financial Services Bill (HL) 2015-16
Wednesday, 14 October 2015
Bills
House of Lords
Delegated Powers and Regulatory Reform Committee eleventh report.
Wednesday, 4 November 2015
Parliamentary committees
House of Lords
Delegated Powers and Regulatory Reform Committee twelfth report.
Monday, 9 November 2015
Parliamentary committees
House of Lords

Show all related items (5)
Bank of England and Financial Services Bill [HL]
Wednesday, 11 November 2015
Parliamentary proceedings
House of Lords
Proceeding contributions
Lord Sharkey | 765 c1997 (Link to this contribution)

Moved by

Lord Sharkey

19: After Clause 11, insert the following new Clause—

“Co...

Lord Sharkey | 765 cc1998-9 (Link to this contribution)

My Lords, the amendment does for the PRA what Amendment 7 did for the FPC. I can be very brief—pe...


Show all contributions (48)
Lord Tunnicliffe | 765 cc1999-2000 (Link to this contribution)

My Lords, I thank the noble Lord, Lord Sharkey, for filling my morning because it took me a littl...

Lord Bridges of Headley | 765 cc2000-1 (Link to this contribution)

My Lords, I thank the noble Lord, Lord Sharkey, for provoking this debate. Unlike the noble Lord,...

Lord Sharkey | 765 c2001 (Link to this contribution)

I start by thanking the noble Lord, Lord Tunnicliffe, for his support, and for reminding us that ...

Lord Sharkey | 765 cc2001-2 (Link to this contribution)

My Lords, Clause 12 abolishes the existing PRA. It defines the Bank as the new PRA, exercising it...

Lord Carrington of Fulham | 765 cc2002-3 (Link to this contribution)

My Lords, I refer noble Lords to my interests as declared in the register of interests. It seems ...

Baroness Kramer | 765 c2003 (Link to this contribution)

My Lords, in response to the noble Lord, Lord Carrington, of course the FSA failed in its task as...

Lord Carrington of Fulham | 765 c2003 (Link to this contribution)

The noble Baroness is failing to understand that there was a strict separation between the role o...

Baroness Kramer | 765 cc2004-5 (Link to this contribution)

My Lords, I find it extraordinary that there is an argument that the Bank of England knew what wa...

Lord Tunnicliffe | 765 c2005 (Link to this contribution)

My Lords, again, I support the noble Lord, Lord Sharkey, on his general thrust in this debate. I ...

Lord Bridges of Headley | 765 cc2005-8 (Link to this contribution)

My Lords, once again I thank the noble Lord, Lord Sharkey, for provoking a very interesting debat...

Baroness Kramer | 765 c2007 (Link to this contribution)

Moved by

Baroness Kramer

20: After Clause 15, insert the following new Clause—

...

Baroness Kramer | 765 cc2007-2010 (Link to this contribution)

My Lords, I realise that some of your Lordships will be surprised that we have introduced an amen...

Lord Teverson | 765 cc2009-2011 (Link to this contribution)

My Lords, the Green Investment Bank has been one of the great successes of the coalition Governme...

Lord Swinfen | 765 c2011 (Link to this contribution)

My Lords, the idea behind the amendment is estimable but purely to do with the environment. The B...

Lord Davies of Oldham | 765 cc2011-2 (Link to this contribution)

My Lords, the Minister is faced with a rather challenging task here. First, he operates against a...

Lord Teverson | 765 c2012 (Link to this contribution)

As we are in Committee, I will briefly come back to the noble Lord opposite about whether the Ban...

Lord Bridges of Headley | 765 c2012 (Link to this contribution)

My Lords, I thank the noble Baroness, Lady Kramer, and the noble Lord, Lord Teverson, for their e...

Lord Davies of Oldham | 765 c2013 (Link to this contribution)

My Lords, I would be prepared to exchange sides, if the Minister can arrange that.

Lord Bridges of Headley | 765 cc2013-4 (Link to this contribution)

The noble Lord can come and join us. I fully understand the intentions behind the amendment. Inde...

Lord Teverson | 765 c2014 (Link to this contribution)

I am that sure my question is as much of a concern to the Minister as it is to me. The purchasers...

Lord Bridges of Headley | 765 c2014 (Link to this contribution)

The noble Lord makes an extremely good point, and one that the CEO, Shaun Kingsbury, was asked di...

Baroness Kramer | 765 c2014 (Link to this contribution)

My Lords, I was actually quite heartened by the Minister’s reply, although I suspect not in the w...

Lord Sharkey | 765 c2015 (Link to this contribution)

Moved by

Lord Sharkey

21: Clause 18, page 15, line 19, at end insert—

“(2) The ...

Lord Sharkey | 765 cc2015-8 (Link to this contribution)

My Lords, last night at 6.39 pm, the detailed impact assessment for the senior managers and certi...

Bishop of Southwark | 765 cc2016-9 (Link to this contribution)

My Lords, I shall speak against Amendment 21. I confess that my expertise does not rival that of ...

Lord Garel-Jones | 765 cc2019-2020 (Link to this contribution)

My Lords, I draw the House’s attention to my declaration of interests. Before coming to the reaso...

Lord McFall of Alcluith | 765 cc2020-2 (Link to this contribution)

My Lords, I support the amendment of the noble Lord, Lord Sharkey. I bring to the attention of th...

Bishop of Southwark | 765 c2022 (Link to this contribution)

My Lords, I do not wish to interrupt the noble Lord in full flight but I should like to put on th...

Lord McFall of Alcluith | 765 cc2022-3 (Link to this contribution)

The commission valued enormously the contribution of the most reverend Primate the Archbishop of ...

Lord Gold | 765 cc2023-4 (Link to this contribution)

My Lords, I oppose this amendment. I have listened to the noble Lord, Lord McFall, and I fully ag...

Baroness Kramer | 765 cc2024-7 (Link to this contribution)

My Lords, I cannot in any way better the speeches of my noble friend Lord Sharkey and the noble L...

Lord Hunt of Wirral | 765 cc2027-8 (Link to this contribution)

My Lords, I declare my interests as set out in the register but particularly as a practising soli...

Lord McFall of Alcluith | 765 c2028 (Link to this contribution)

I welcome the noble Lord’s comments, in particular that senior managers have to perform way beyon...

Lord Hunt of Wirral | 765 c2028 (Link to this contribution)

There is a duty of care. It depends on how much you enact to support the duty of care. As far as ...

Lord McFall of Alcluith | 765 c2028 (Link to this contribution)

The noble Lord has mentioned Socrates. I well remember that Socrates consulted the wise men and c...

Lord Hunt of Wirral | 765 c2028 (Link to this contribution)

I hope that the noble Lord will not mind if I try to avoid following him down that route. I hope ...

Baroness Kramer | 765 cc2028-9 (Link to this contribution)

My Lords, I do not mean to be in any way offensive to the noble Lord, but we cannot afford to be ...

Lord Hunt of Wirral | 765 c2029 (Link to this contribution)

I am not sure that I am supposed to try to answer the noble Baroness. Perhaps I may just say that...

Lord Carrington of Fulham | 765 c2029 (Link to this contribution)

My Lords, I had not intended to intervene on this amendment, and before I speak, perhaps I had be...

Baroness Kramer | 765 c2029 (Link to this contribution)

I believe that the noble Lord, Lord Carrington, is referring to the FCA, but regardless of that, ...

Lord Carrington of Fulham | 765 c2030 (Link to this contribution)

I have not read those transcripts, but I have some experience of both the PRA and the FCA, and I ...

Baroness Kramer | 765 c2030 (Link to this contribution)

I am sorry to keep bobbing up and down, but the point that was made was that those in charge are ...

Lord Carrington of Fulham | 765 c2030 (Link to this contribution)

I will come on to that in a moment; that is the second point I wish to make. The first point is t...

Lord Davies of Oldham | 765 cc2030-1 (Link to this contribution)

My Lords, this has been an excellent debate and the Minister has a great deal to which he needs t...

Lord Bridges of Headley | 765 cc2031-5 (Link to this contribution)

My Lords, it has been a very good debate and I thank all noble Lords who have spoken eloquently, ...

Lord Sharkey | 765 c2035 (Link to this contribution)

I thank all noble Lords who have spoken in this debate. It has been a very good one. It is clear ...

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