UK Parliament / Open data

Bank of England and Financial Services Bill [HL]

Lords committee stage second day. Clause 20 agreed to as amended. Clauses 21 to 28, and clause 30, agreed to. Clause 29 agreed to as amended. Bill reported with amendments (HL Bill 75). Part 2 of 2.
Type
Parliamentary proceeding
Reference
765 cc2052-2094 
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 (6)
Bank of England and Financial Services Bill [HL]
Wednesday, 11 November 2015
Parliamentary proceedings
House of Lords
Proceeding contributions
Lord Bridges of Headley | 765 c2052 (Link to this contribution)

Tabled by

Lord Bridges of Headley

22: Clause 20, page 17, line 18, leave out paragrap...

Lord Ashton of Hyde | 765 c2052 (Link to this contribution)

My Lords, Clause 20 makes a number of technical amendments to the provisions governing the admini...


Show all contributions (55)
Lord Davies of Oldham | 765 c2053 (Link to this contribution)

My Lords, we are in agreement with the Government.

Lord Ashton of Hyde | 765 c2053 (Link to this contribution)

Moved by

Lord Ashton of Hyde

23: Clause 20, page 17, line 22, at end insert—

“(...

Lord Sharkey | 765 c2053 (Link to this contribution)

Moved by

Lord Sharkey

24: Clause 21, page 17, line 45, leave out paragraph (c)

Lord Sharkey | 765 cc2053-4 (Link to this contribution)

My Lords, this is essentially a probing amendment and I shall be brief. Clause 21(3)(c) amends Se...

Lord Davies of Oldham | 765 c2054 (Link to this contribution)

My Lords, I shall also speak briefly and, largely, to endorse the arguments put forward by the no...

Baroness Kramer | 765 cc2054-5 (Link to this contribution)

My Lords, I shall say a brief word. My noble friend Lord Sharkey and the noble Lord, Lord Davies ...

Lord Bridges of Headley | 765 cc2055-6 (Link to this contribution)

My Lords, I thank the noble Lord, Lord Sharkey, for provoking this short debate. I heed what the ...

Baroness Kramer | 765 c2056 (Link to this contribution)

The argument the Minister has made suggests that he does not believe that whistleblowing is a jus...

Lord Bridges of Headley | 765 c2056 (Link to this contribution)

I am not saying that. I am saying that the process as a whole is potentially too onerous. I heed ...

Lord Sharkey | 765 c2056 (Link to this contribution)

I thank the Minister for that answer and those clarifications. I cannot help feeling that removin...

Lord Sharkey | 765 c2056 (Link to this contribution)

Moved by

Lord Sharkey

25: After Clause 21, insert the following new Clause—

“Un...

Lord Sharkey | 765 cc2057-8 (Link to this contribution)

My Lords, I will be very brief. I know that the Committee is keen to move on to the simple and st...

Lord Tunnicliffe | 765 c2058 (Link to this contribution)

My Lords, I support the amendment from the noble Lord, Lord Sharkey. One of the main concerns of ...

Lord Ashton of Hyde | 765 cc2058-9 (Link to this contribution)

My Lords, the Government share the concern of the noble Lord, Lord Sharkey, about long-standing p...

Lord Sharkey | 765 c2059 (Link to this contribution)

I thank the Minister for that answer, a lot of which was, as I knew it would be, very encouraging...

Baroness Drake | 765 c2060 (Link to this contribution)

Moved by

Baroness Drake

26: After Clause 22, insert the following new Clause—

“...

Baroness Drake | 765 cc2060-3 (Link to this contribution)

My Lords, in this amendment I return to an argument that I have articulated in this House before....

Baroness Kramer | 765 c2061 (Link to this contribution)

My Lords, I do not think that I can improve on anything that has been said by the noble Baroness,...

Lord Tunnicliffe | 765 c2061 (Link to this contribution)

My Lords, what became evident both during and after the crash was that financial providers had fa...

Lord Bridges of Headley | 765 cc2064-5 (Link to this contribution)

My Lords, I thank the noble Baroness, Lady Drake, for prompting this short debate and for her tho...

Baroness Drake | 765 c2065 (Link to this contribution)

I thank the Minister for his reply, and I will not enter into iterative debate on a fiduciary dut...

Lord Ashton of Hyde | 765 cc2065-6 (Link to this contribution)

Moved by

Lord Ashton of Hyde

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

Lord Ashton of Hyde | 765 cc2066-7 (Link to this contribution)

My Lords, government Amendments 27 and 28 make some minor and technical changes to the Financial ...

Lord Davies of Oldham | 765 c2067 (Link to this contribution)

My Lords, we consulted the Financial Services Consumer Panel on these amendments, and it confirme...

Lord Ashton of Hyde | 765 cc2067-8 (Link to this contribution)

Moved by

Lord Ashton of Hyde

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

Lord Ashton of Hyde | 765 cc2068-9 (Link to this contribution)

Moved by

Lord Ashton of Hyde

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

Lord Ashton of Hyde | 765 cc2069-2071 (Link to this contribution)

My Lords, Amendment 29 introduces a power into the Financial Services and Markets Act 2000 for th...

Lord Davies of Oldham | 765 c2071 (Link to this contribution)

My Lords, it is third time unlucky for the Government because we do not consider these amendments...

Lord Ashton of Hyde | 765 c2071 (Link to this contribution)

My Lords, I note what the noble Lord has said and, as I said before, we are considering this care...

Lord McFall of Alcluith | 765 cc2071-2 (Link to this contribution)

Moved by

Lord McFall of Alcluith

29A: After Clause 23, insert the following new Claus...

Lord McFall of Alcluith | 765 c2072 (Link to this contribution)

My Lords, I rise to move the amendment in the name of my noble friend Lady Worthington who, unfor...

Lord Deben | 765 cc2073-4 (Link to this contribution)

My Lords, I hope that the Government will think carefully about these proposals. I declare an int...

Baroness Kramer | 765 cc2074-5 (Link to this contribution)

My Lords, I support the amendment in the name of the noble Baroness, Lady Worthington, and the co...

Lord Davies of Oldham | 765 cc2075-6 (Link to this contribution)

My Lords, I endorse the remarks of my noble friend Lord McFall in introducing the debate on the a...

Lord Bridges of Headley | 765 cc2076-7 (Link to this contribution)

I always try to be constructive with the noble Lord, Lord Davies. I thank the noble Lord, Lord Mc...

Lord Deben | 765 c2077 (Link to this contribution)

Could my noble friend explain the logic that says that Britain moves on modern slavery to set an ...

Lord Bridges of Headley | 765 c2077 (Link to this contribution)

As always, my noble friend makes a perceptive point. As I said, I do not want to prejudice the ou...

Lord McFall of Alcluith | 765 c2077 (Link to this contribution)

My Lords, I beg leave to withdraw the amendment.

Lord McKenzie of Luton | 765 c2078 (Link to this contribution)

Moved by

Lord McKenzie of Luton

30: After Clause 24, insert the following new Clause—...

Lord McKenzie of Luton | 765 cc2078-2080 (Link to this contribution)

My Lords, I should explain that this is a probing amendment at this stage. Indeed, it was prompte...

Baroness Kramer | 765 c2080 (Link to this contribution)

I shall make one relatively small point. This is an area where I do not pretend expertise. At Sec...

Baroness Drake | 765 cc2081-2 (Link to this contribution)

My Lords, I shall speak to paragraph (f)(i) and (ii) in the amendment which refer to the secondar...

Lord Bridges of Headley | 765 cc2082-5 (Link to this contribution)

My Lords, once again, I thank noble Lords for their very useful and constructive comments and spe...

Lord McKenzie of Luton | 765 c2085 (Link to this contribution)

My Lords, I thank the Minister for a very comprehensive reply to the issues raised in the debate....

Lord Naseby | 765 cc2085-6 (Link to this contribution)

Moved by

Lord Naseby

31: After Clause 25, insert the following new Clause—

“Dut...

Lord Naseby | 765 cc2086-8 (Link to this contribution)

My Lords, I thank my noble friend for taking seriously the issue of diversity as it affects the m...

Baroness Kramer | 765 cc2087-2090 (Link to this contribution)

First, I thank the noble Lord, Lord Naseby, for allowing me to put my name to his very fine amend...

Lord Davies of Oldham | 765 cc2089-2091 (Link to this contribution)

My Lords, I congratulate the noble Lord, Lord Naseby, both on his amendment, for which he has sec...

Lord Ashton of Hyde | 765 cc2091-2 (Link to this contribution)

My Lords, I am grateful to noble Lords who contributed to the debate. I have listened carefully t...

Lord Naseby | 765 c2092 (Link to this contribution)

My Lords, I first give my sincere thanks in particular to the noble Baroness for putting further ...

Lord Bridges of Headley | 765 c2092 (Link to this contribution)

Moved by

Lord Bridges of Headley

32: Clause 29, page 26, line 15, leave out “Sections...

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