The Corporate Insolvency and Governance Act 2020 introduced permanent measures to update the UK insolvency regime, and temporary measures to help businesses during the pandemic.

The Corporate Insolvency and Governance Act 2020 introduced permanent measures to update the UK insolvency regime, and temporary measures to help businesses during the pandemic.

My Lords, I am very grateful to the Minister for the explanation of the regulations. It is also a great pleasure to follow the noble Baroness, Lady Neville-Rolfe, and to add to some of the comments that she has made. I am sure that many businesses welcome the extension of...

My Lords, I am very grateful to the Minister for the explanation of the regulations. It is also a great pleasure to follow the noble Baroness, Lady Neville-Rolfe, and to add to some of the comments that she has made. I am sure that many businesses welcome the extension of...

Lords motion to consider. Agreed to on question.

Lords motion to consider. Agreed to on question.

My Lords, I thank my noble friend Lord Sikka and the noble Baroness, Lady Neville-Rolfe, for their contributions to this debate, and I thank the Minister for introducing the new regulations. I do not imagine he thought they would be quite as controversial as they appear to be.

However, the regulations...

My Lords, I thank my noble friend Lord Sikka and the noble Baroness, Lady Neville-Rolfe, for their contributions to this debate, and I thank the Minister for introducing the new regulations. I do not imagine he thought they would be quite as controversial as they appear to be.

However, the regulations...

My Lords, these regulations were laid before the House on 11 February. We have shared a long and difficult journey since restrictions were first needed in March 2020. As individuals, we have had to endure the very necessary but nonetheless difficult requirement to socially distance, with limits on where we...

My Lords, these regulations were laid before the House on 11 February. We have shared a long and difficult journey since restrictions were first needed in March 2020. As individuals, we have had to endure the very necessary but nonetheless difficult requirement to socially distance, with limits on where we...

I thank all noble Lords for their interesting and valuable contributions to this debate. The Government’s road map for the staged lifting of restrictions is cause for great optimism, and we can look forward to many businesses, including shops, pubs, and restaurants, being able to reopen successfully in April. But...

I thank all noble Lords for their interesting and valuable contributions to this debate. The Government’s road map for the staged lifting of restrictions is cause for great optimism, and we can look forward to many businesses, including shops, pubs, and restaurants, being able to reopen successfully in April. But...

My Lords, I thank my noble friend for his explanation of these regulations, which extend the powers to regulate that we agreed last year during our lengthy debates on the Corporate Insolvency and Governance Act for a further year, until April 2022.

We know from the report by our hard-working Secondary...

My Lords, I thank my noble friend for his explanation of these regulations, which extend the powers to regulate that we agreed last year during our lengthy debates on the Corporate Insolvency and Governance Act for a further year, until April 2022.

We know from the report by our hard-working Secondary...

My Lords, I declare my interest as a fellow of the Institute and Faculty of Actuaries, which in some areas is subject to regulation by the FRC. I thank the Minister for his detailed introduction. To a certain extent he has shot my fox. I was intrigued as to the...

My Lords, I declare my interest as a fellow of the Institute and Faculty of Actuaries, which in some areas is subject to regulation by the FRC. I thank the Minister for his detailed introduction. To a certain extent he has shot my fox. I was intrigued as to the...

My Lords, I thank the Minister for the way in which he introduced this statutory instrument, and I am delighted to follow the noble Lord, Lord Davies. His final point was very interesting, and I would be interested to hear how the Minister will address the issue of how one...

My Lords, I thank the Minister for the way in which he introduced this statutory instrument, and I am delighted to follow the noble Lord, Lord Davies. His final point was very interesting, and I would be interested to hear how the Minister will address the issue of how one...

My Lords, I will make my comments in two parts. I will comment first on the legislative order and, secondly, taking my suit from the Minister, say a few words about the White Paper as well. On the legislative order, the Financial Reporting Council has really led a shadowy existence...

My Lords, I will make my comments in two parts. I will comment first on the legislative order and, secondly, taking my suit from the Minister, say a few words about the White Paper as well. On the legislative order, the Financial Reporting Council has really led a shadowy existence...

I will stop there. Thank you.

6.03 pm

I will stop there. Thank you.

6.03 pm

My Lords, I think we all shared a sense of optimism last week when Margaret Keenan became the first person in the world to receive the Pfizer/BioNTech vaccine, administered at Coventry’s University Hospital. It gave us hope that, sooner or later, daily life for the majority may begin to return...

My Lords, I think we all shared a sense of optimism last week when Margaret Keenan became the first person in the world to receive the Pfizer/BioNTech vaccine, administered at Coventry’s University Hospital. It gave us hope that, sooner or later, daily life for the majority may begin to return...

My Lords, I thank my noble friend for introducing these regulations and for his clear explanation. I also congratulate the Government on being the first in the world to roll out vaccinations to try to combat this pandemic, and on all they have done to try to protect businesses and...

My Lords, I thank my noble friend for introducing these regulations and for his clear explanation. I also congratulate the Government on being the first in the world to roll out vaccinations to try to combat this pandemic, and on all they have done to try to protect businesses and...

My Lords, I declare my interests as in the register as a company director. This is a simple statutory instrument and, for once, I have not been made more confused by the Explanatory Memorandum than I was before reading it. I welcome, in particular, the extension of the flexibility around...

My Lords, I declare my interests as in the register as a company director. This is a simple statutory instrument and, for once, I have not been made more confused by the Explanatory Memorandum than I was before reading it. I welcome, in particular, the extension of the flexibility around...

My Lords, I thank the Minister for his comprehensive introduction of the statutory instrument and the other speakers for the points that they have made. I declare my interest as a retired fellow of the ACCA.

During the discussions on the Bill, this was probably the most contested part of the...

My Lords, I thank the Minister for his comprehensive introduction of the statutory instrument and the other speakers for the points that they have made. I declare my interest as a retired fellow of the ACCA.

During the discussions on the Bill, this was probably the most contested part of the...

I thank the noble Lord, Lord Stevenson, and the noble Baronesses, Lady Bowles and Lady Altmann, for their valuable contributions. They are all veterans of the previous Act’s debates, and the points they raised very much reflect some of the concerns raised during those debates. They have also highlighted the...

I thank the noble Lord, Lord Stevenson, and the noble Baronesses, Lady Bowles and Lady Altmann, for their valuable contributions. They are all veterans of the previous Act’s debates, and the points they raised very much reflect some of the concerns raised during those debates. They have also highlighted the...

Lords motion to approve. Agreed to on question.

Lords motion to approve. Agreed to on question.

Lords committee stage second day. Clauses 18 to 47 agreed to. New clause debated and withdrawn. Schedules 1 to 13 agreed to, with Schedules 2, 4, 6, 8, 9, 12 and 13 agreed to as amended. Bill reported with amendments (HL Bill 114).

Lords committee stage second day. Clauses 18 to 47 agreed to. New clause debated and withdrawn. Schedules 1 to 13 agreed to, with Schedules 2, 4, 6, 8, 9, 12 and 13 agreed to as amended. Bill reported with amendments (HL Bill 114).