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Proceeding contribution from Lord Tunnicliffe (Labour) in the House of Lords on Monday, 13 March 2023. It occurred during Debate on bill and Committee proceeding on Financial Services and Markets Bill.


Financial Services and Markets Bill

My Lords, I do not come to this debate with a predetermined position but to listen and take a view after we have looked at the circumstances and listened to the Minister’s response. I would value a copy of the report that the noble Lord, Lord Sharkey, spoke about. I have a lot of sympathy for these individuals and note that their problems are undoubtedly exacerbated by—I do not know how to describe it—the Truss impact on loan rates in the UK, which must fall particularly heavily on those individuals. I await the Minister’s response.


Secondary information

Type
Proceeding contribution
Reference
828 c151GC 
Session
2022-23
Chamber / Committee
House of Lords Grand Committee
Subjects
Disadvantaged Councillors Banks Women Fraud Finance Liability EU law Financial services Higher education Domicil Interest rates Members Money laundering Mortgages Loans Nationality Muslims Security Students Risk assessment Financial Services Compensation Scheme Financial Ombudsman Service Financial Action Task Force Financial Conduct Authority UK Asset Resolution Payment Systems Regulator Freezing of assets Pay.UK Politically exposed persons
Legislation
Financial Services and Markets Bill 2022-23
Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017
Link
View this Proceeding contribution on hansard.parliament.uk