Draft Financial Services and Markets Act 2023 (Addition of Relevant Enactments) Regulations 2024

Mark Garnier Excerpts

Monday 9th December 2024 General Committees

[Mark Garnier (Wyre Forest) (Con)]

I think this is the fourth or fifth time that the Minister and I have met across a Committee room, and yet again I do not think we are going to have any problems at all. At the last of our meetings in one of these rooms, I asked her a number of questions, and I am incredibly grateful to her and her office for getting back to me so quickly. I think that illustrates the very good working relationship between the Opposition and the Government in this respect.

The Opposition are delighted with all these measures. I was struggling to work out some complicated questions in order to make the Minister work for her office, but the only one I could come up with is on the timeline. She made reference to some further statutory instruments that will be introduced, and it would be very helpful if we had an idea of the timeline for when the process will be completed.

Aside from that, we are very happy to support the draft regulations and I thank the Minister very much for all those acronyms—I am learning more and more each time we meet.