"Before I decide what to do with my amendment, I ask the Minister—because I may not have been paying attention—whether he explained why there is a requirement to consult the regulators for powers under new Section 408A but not under new Section 408B...." Baroness Noakes - View Speech
"The Minister is stacking up rather a lot of letters that need to be written.
I thank all noble Lords who have spoken in this debate. It raises important issues. The Minister said, in relation to consultation, that the Treasury would summarise the evidence. That is not the same as …..." Baroness Noakes - View Speech
"My Lords, I am grateful to the noble Baroness, Lady Bowles of Berkhamsted, the noble Lord, Lord Vaux of Harrowden, and my noble friend Lord Bridges of Headley for adding their names to this amendment.
Last week, we debated the need for more extensive regulatory evaluation in order to hold …..." Baroness Noakes - View Speech
"My Lords, I thank all noble Lords who have taken part in this short debate. I know that it is, in part, a repeat of debates we have held already in Committee, but it is bringing together such an important issue, which is the strength of the accountability mechanisms for …..." Baroness Noakes - View Speech
"My Lords, in moving this amendment, I will speak also to Amendment 153 and the Clause 37 stand part notice.
I am instinctively suspicious of Clause 37 because I think that the best people to judge whether overseas financial services firms should be able to operate in the UK, and …..." Baroness Noakes - View Speech
"My Lords, I will just comment briefly. I completely agree with the notion that wholesale markets and retail markets should be dealt with separately for the reasons that have been given. I am less than clear that a structural solution, such as the one proposed by my noble friend Lord …..." Baroness Noakes - View Speech