Lords consideration of Commons reason and amendments. Lords amendment 7 not insisted on and Commons amendments 7A, 7B and 7C in lieu agreed to. Lords amendment 10 not insisted on. Lords amendment 36 not insisted on and Commons amendment 36A in lieu agreed to.

Lords consideration of Commons reason and amendments. Lords amendment 7 not insisted on and Commons amendments 7A, 7B and 7C in lieu agreed to. Lords amendment 10 not insisted on. Lords amendment 36 not insisted on and Commons amendment 36A in lieu agreed to.

My Lords, we on these Benches supported all three of the amendments that we are discussing today when we looked at them last time, including Amendment 7, which would expand the regulatory principle on net-zero emissions to include conservation and nature. We also voted for Amendment 36, imposing a duty...

My Lords, we on these Benches supported all three of the amendments that we are discussing today when we looked at them last time, including Amendment 7, which would expand the regulatory principle on net-zero emissions to include conservation and nature. We also voted for Amendment 36, imposing a duty...

Lords third reading. Bill passed and returned to the Commons with amendments.

Lords third reading. Bill passed and returned to the Commons with amendments.

My Lords, I thank the Minister for her kind words as she introduced this Third Reading. The Bill leaves the House in a much better condition than when it arrived. We have made changes to the Bill on the treatment of politically exposed people, financial inclusion and the FCA’s accountability...

My Lords, I thank the Minister for her kind words as she introduced this Third Reading. The Bill leaves the House in a much better condition than when it arrived. We have made changes to the Bill on the treatment of politically exposed people, financial inclusion and the FCA’s accountability...

Lords report stage third day. Amendment 91 agreed to on division (212 to 203). Amendments 95 to 97 agreed to. Amendment 104 disagreed to on division (192 to 210). Amendment 106 disagreed to on division (184 to 188). (Part 1 of 2).

Lords report stage third day. Amendment 91 agreed to on division (212 to 203). Amendments 95 to 97 agreed to. Amendment 104 disagreed to on division (192 to 210). Amendment 106 disagreed to on division (184 to 188). (Part 1 of 2).

My Lords, I accept that we are politically exposed people—of course we are—and we can be bribed, so it is right that there are rules around this. This topic has attracted a lot of interest throughout the passage of the Bill, along with a number of questions and debates. I...

My Lords, I accept that we are politically exposed people—of course we are—and we can be bribed, so it is right that there are rules around this. This topic has attracted a lot of interest throughout the passage of the Bill, along with a number of questions and debates. I...

Moved by

Baroness Chapman of Darlington

104: After Clause 71, insert the following new Clause—

“Defined contribution and defined benefit pension funds investment review

(1) The Treasury must publish a review of how to incentivise defined contribution (DC) and defined benefit (DB) pension funds to invest in high-growth firms and a diverse range of...

Moved by

Baroness Chapman of Darlington

104: After Clause 71, insert the following new Clause—

“Defined contribution and defined benefit pension funds investment review

(1) The Treasury must publish a review of how to incentivise defined contribution (DC) and defined benefit (DB) pension funds to invest in high-growth firms and a diverse range of...

My Lords, we are pleased to bring back Amendment 104. I am grateful to the noble Baronesses, Lady Bowles of Berkhamsted and Lady Altmann, for signing the amendment.

Since Committee, and following the suggestion from the noble Lady Bowles, we have incorporated an additional consultee in the form of the Pension...

My Lords, we are pleased to bring back Amendment 104. I am grateful to the noble Baronesses, Lady Bowles of Berkhamsted and Lady Altmann, for signing the amendment.

Since Committee, and following the suggestion from the noble Lady Bowles, we have incorporated an additional consultee in the form of the Pension...

My Lords, I am grateful to everyone who has taken part in this debate. The Minister’s response was not awful. It was encouraging to hear some of the things that she had to say, and we recognise the work the Government are leading on this issue. However, the benefit of...

My Lords, I am grateful to everyone who has taken part in this debate. The Minister’s response was not awful. It was encouraging to hear some of the things that she had to say, and we recognise the work the Government are leading on this issue. However, the benefit of...

My Lords, we are grateful to the noble Lord, Lord Sharkey, for bringing back this amendment and for his persistence

on this issue over many years. We are also grateful for the work of the APPG, particularly to Rachel Neale, who herself is a mortgage prisoner and has become a...

My Lords, we are grateful to the noble Lord, Lord Sharkey, for bringing back this amendment and for his persistence

on this issue over many years. We are also grateful for the work of the APPG, particularly to Rachel Neale, who herself is a mortgage prisoner and has become a...

My Lords, I thought it might be useful to speak at this point to introduce Amendment 18, the amendment in my name in this group. I have taken part in many discussions in this House on financial inclusion. It is to this House’s credit that such a keen interest is...

My Lords, I thought it might be useful to speak at this point to introduce Amendment 18, the amendment in my name in this group. I have taken part in many discussions in this House on financial inclusion. It is to this House’s credit that such a keen interest is...

Moved by

Baroness Chapman of Darlington

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

“FCA to have regard to financial inclusion within consumer protection objective

(1) FSMA 2000 is amended as follows.

(2) In section 1C (the consumer protection objective), after subsection (2)(c) insert—

“(ca) financial inclusion;”.”

Moved by

Baroness Chapman of Darlington

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

“FCA to have regard to financial inclusion within consumer protection objective

(1) FSMA 2000 is amended as follows.

(2) In section 1C (the consumer protection objective), after subsection (2)(c) insert—

“(ca) financial inclusion;”.”

My Lords, we are very disappointed with the Government’s response on this matter so far. They are wilfully not engaging with this topic in the way that we would like. Financial inclusion is relevant to the regulation of financial services. How products are designed, marketed and administered and how advice...

My Lords, we are very disappointed with the Government’s response on this matter so far. They are wilfully not engaging with this topic in the way that we would like. Financial inclusion is relevant to the regulation of financial services. How products are designed, marketed and administered and how advice...

My Lords, I start by acknowledging the government amendments in this group, which make a number of changes that we think are sensible to ensure that the cost/benefit analysis panels have representatives from industry, to allow the Treasury to direct statutory panels to make annual reports and to make it...

My Lords, I start by acknowledging the government amendments in this group, which make a number of changes that we think are sensible to ensure that the cost/benefit analysis panels have representatives from industry, to allow the Treasury to direct statutory panels to make annual reports and to make it...

My Lords, I congratulate the noble Lord, Lord Holmes, on tabling his amendments and his tenacity in raising these issues on a very regular basis. He is absolutely right to do so. We were pleased to table Amendment 81 in Committee, and we re-signed it when retabled by the noble...

My Lords, I congratulate the noble Lord, Lord Holmes, on tabling his amendments and his tenacity in raising these issues on a very regular basis. He is absolutely right to do so. We were pleased to table Amendment 81 in Committee, and we re-signed it when retabled by the noble...

Happily, it makes sense to us as well. Without wishing to delay anybody—remembering the exchanges we had before this debate started today—I wonder whether the Minister could indicate the level of fees. He said that consumers would be excluded, which is very important. Are the Government confident that this will...

Happily, it makes sense to us as well. Without wishing to delay anybody—remembering the exchanges we had before this debate started today—I wonder whether the Minister could indicate the level of fees. He said that consumers would be excluded, which is very important. Are the Government confident that this will...

Lords report stage second day. Amendment 11 agreed to. Amendment 15 agreed to on division (193 to 159). Amendments 16 and 17 agreed to. Amendment 18 agreed to on division (191 to 154). Amendments 20 to 22 agreed to. (Part 1 of 2).

Lords report stage second day. Amendment 11 agreed to. Amendment 15 agreed to on division (193 to 159). Amendments 16 and 17 agreed to. Amendment 18 agreed to on division (191 to 154). Amendments 20 to 22 agreed to. (Part 1 of 2).

Lords report stage second day. Amendments 23, 24, 26 to 28, 30, 33 to 35, 37, 43, 46, 49, 50, 52 to 63, 73 to 77, 79, 86 to 90 agreed to. (Part 2 of 2).

Lords report stage second day. Amendments 23, 24, 26 to 28, 30, 33 to 35, 37, 43, 46, 49, 50, 52 to 63, 73 to 77, 79, 86 to 90 agreed to. (Part 2 of 2).

Lords report stage first day. Amendments 2 to 6 agreed to. (Part 1 of 2).

Lords report stage first day. Amendments 2 to 6 agreed to. (Part 1 of 2).

My Lords, before I address the amendments, I want to acknowledge the work of my noble friend Lord Tunnicliffe, who had been leading for these Benches on this Bill until very recently, and thank him for his hard work and

generosity in the way he has handed over custody of...

My Lords, before I address the amendments, I want to acknowledge the work of my noble friend Lord Tunnicliffe, who had been leading for these Benches on this Bill until very recently, and thank him for his hard work and

generosity in the way he has handed over custody of...