Information between 14th May 2024 - 10th November 2024
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14 May 2024 - Digital Markets, Competition and Consumers Bill - View Vote Context Baroness Verma voted No - in line with the party majority and in line with the House One of 197 Conservative No votes vs 0 Conservative Aye votes Tally: Ayes - 221 Noes - 222 |
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14 May 2024 - Digital Markets, Competition and Consumers Bill - View Vote Context Baroness Verma voted No - in line with the party majority and against the House One of 195 Conservative No votes vs 3 Conservative Aye votes Tally: Ayes - 228 Noes - 213 |
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11 Sep 2024 - Social Fund Winter Fuel Payment Regulations 2024 - View Vote Context Baroness Verma voted Aye - in line with the party majority and in line with the House One of 143 Conservative Aye votes vs 0 Conservative No votes Tally: Ayes - 164 Noes - 132 |
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11 Sep 2024 - Social Fund Winter Fuel Payment Regulations 2024 - View Vote Context Baroness Verma voted Aye - in line with the party majority and against the House One of 8 Conservative Aye votes vs 1 Conservative No votes Tally: Ayes - 30 Noes - 138 |
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4 Nov 2024 - Bank Resolution (Recapitalisation) Bill [HL] - View Vote Context Baroness Verma voted Aye - in line with the party majority and in line with the House One of 158 Conservative Aye votes vs 0 Conservative No votes Tally: Ayes - 247 Noes - 125 |
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5 Nov 2024 - Crown Estate Bill [HL] - View Vote Context Baroness Verma voted Aye - in line with the party majority and against the House One of 172 Conservative Aye votes vs 0 Conservative No votes Tally: Ayes - 193 Noes - 226 |
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6 Nov 2024 - Passenger Railway Services (Public Ownership) Bill - View Vote Context Baroness Verma voted Aye - in line with the party majority and against the House One of 86 Conservative Aye votes vs 0 Conservative No votes Tally: Ayes - 99 Noes - 138 |
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6 Nov 2024 - Passenger Railway Services (Public Ownership) Bill - View Vote Context Baroness Verma voted Aye - in line with the party majority and in line with the House One of 130 Conservative Aye votes vs 0 Conservative No votes Tally: Ayes - 142 Noes - 128 |
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6 Nov 2024 - Passenger Railway Services (Public Ownership) Bill - View Vote Context Baroness Verma voted Aye - in line with the party majority and in line with the House One of 127 Conservative Aye votes vs 0 Conservative No votes Tally: Ayes - 187 Noes - 132 |
| Speeches |
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Baroness Verma speeches from: Education (Values of British Citizenship) Bill [HL]
Baroness Verma contributed 1 speech (453 words) 2nd reading Friday 18th October 2024 - Lords Chamber Department for Education |
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Baroness Verma speeches from: Religious Hate Crime
Baroness Verma contributed 1 speech (105 words) Tuesday 15th October 2024 - Lords Chamber Ministry of Housing, Communities and Local Government |
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Baroness Verma speeches from: Social Fund Winter Fuel Payment Regulations 2024
Baroness Verma contributed 1 speech (289 words) Wednesday 11th September 2024 - Lords Chamber Department for Work and Pensions |
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Baroness Verma speeches from: Bangladesh: Aid and Development
Baroness Verma contributed 1 speech (68 words) Tuesday 3rd September 2024 - Lords Chamber Foreign, Commonwealth & Development Office |
| Written Answers |
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Financial Services
Asked by: Baroness Verma (Conservative - Life peer) Thursday 23rd May 2024 Question to the HM Treasury: To ask His Majesty's Government what plans they have to improve the speed and efficiency of the Financial Conduct Authority's authorisation process for financial services firms. Answered by Baroness Vere of Norbiton The Financial Conduct Authority (FCA) is operationally independent from Government, and is responsible for the authorisation processes for financial services firms. It is fully accountable to Parliament and the Treasury for how it discharges its statutory functions.
Both the government and the FCA are committed to ensuring the FCA has world-leading levels of operational effectiveness. The Government wrote to the FCA in December 2022 to highlight the importance of operational effectiveness for UK competitiveness. The FCA started publishing operating service metrics relating to authorisation processing on a quarterly basis in May 2023; these can be accessed on the FCA’s website.
Following the Government’s Call for Proposals last year, the FCA will start publishing additional operating metrics this summer, to support further scrutiny. These metrics will initially be published as part of the FCA’s Annual Report, and the report it is required to make on its implementation of its new secondary objective to facilitate the growth and competitiveness of the UK economy.
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Cryptocurrencies: Foreign Investment in UK
Asked by: Baroness Verma (Conservative - Life peer) Thursday 23rd May 2024 Question to the HM Treasury: To ask His Majesty's Government whether they have made an assessment of the regulatory regimes in (1) Singapore, (2) the United Arab Emirates, and (3) the European Union, in attracting the business of crypto and digital assets firms; and in doing so, whether they have identified any lessons to learn in seeking to establish the United Kingdom as a global crypto asset technology hub. Answered by Baroness Vere of Norbiton Last year, the government published its final proposals for the financial services regulation of cryptoassets in the UK and is currently working on legislation to implement those proposals.
In progressing the UK’s regulatory framework for cryptoassets, the government has been closely engaged to both monitor developments in other jurisdictions, and to support thought leadership on cryptoassets in international fora such as the Financial Stability Board.
The Treasury also has regular economic and financial dialogues with partners such as Singapore and the European Union to share knowledge and discuss opportunities for cooperation in financial services, including cryptoassets regulation. |