"We remain open to the prospect of regulatory alignment with other regimes. We want to get this done first, but the hon. Gentleman raises an important point.
As I say, the Government have acted quickly to deliver progress. As hon. Members will know, a consultation was issued by the previous …..." Lucy Rigby - View Speech
"It is a pleasure to serve under your chairmanship, Mrs Harris.
I turn first to the environmental, social and governance ratings order, which I note the Secondary Legislation Scrutiny Committee flagged as an instrument of interest in its 41st report. The draft order will bring the provision of ESG ratings …..." Lucy Rigby - View Speech
That the Committee has considered the draft Financial Services and Markets Act 2023 (Prudential Regulation of Credit Institutions) (Consequential Amendments) Regulations 2025...." Lucy Rigby - View Speech
"I welcome the consensus on the draft regulations. Four principal points were raised in relation to the draft order. The first was on the international position, and the recommendations we are putting in place in this draft order are in line with the IOSCO and OECD recommendations. The EU framework …..." Lucy Rigby - View Speech
"The point in relation to oil and gas is exactly the same as that for defence. There is no conflict between what we are doing here and investment in those areas. If anything, it will be helpful across the board. Fiduciary duty was the final point raised, so I will …..." Lucy Rigby - View Speech
"Today, I have laid the financial inclusion strategy—Command Paper 1424. Financial inclusion means that people can access the financial products and services they need. When people are financially excluded, every day is harder, plans are precarious, and a financial setback can snowball into a crisis. But when people are included, …..." Lucy Rigby - View Speech
"My hon. Friend raises a really important point. As part of developing the strategy, the Government have engaged with Financial Inclusion Committee members and other organisations on how to measure the impact of the strategy, and indeed to drive its delivery. The strategy’s implementation will be reviewed two years from …..." Lucy Rigby - View Speech
"I pay tribute to my hon. Friend for her years of work to further financial inclusion both during her time here and prior to Parliament. This is a timely question, because tomorrow we will publish the Government’s financial inclusion strategy, which sets out an ambitious programme of measures to improve …..." Lucy Rigby - View Speech
"I am indeed aware of this issue. I know that it affects people in my hon. Friend’s constituency and in plenty of other Members’ constituencies, too. I also know how concerned he and other Members are about it. It is for the Financial Conduct Authority to consider whether it is …..." Lucy Rigby - View Speech
"Where it is appropriate to do so—indeed, it is very often appropriate to do so—we will blame the Conservative party for the state of the country, and it is appropriate to do so here. On the criteria that Link uses for banking hubs, I will remind the hon. Gentleman that, …..." Lucy Rigby - View Speech