Petitions

Martyn Day Excerpts

Tuesday 20th July 2021 Commons Chamber

[Martyn Day (Linlithgow and East Falkirk) (SNP) [V]]

Eid Mubarak, Mr Deputy Speaker, to you and everyone.

I rise to present a petition on behalf of my constituents in relation to the experiences that many of them have had with the Financial Conduct Authority and their feeling that it is not entirely fit for purpose.

The petition states:

The petition of residents of the constituency of Linlithgow and East Falkirk,

Declares that the Financial Conduct Authority’s (FCA) efficacy in overseeing the UK’s financial markets has come under scrutiny; further that the FCA has repeatedly failed in its remit to protect financial markets and consumers; further that such failures have adversely affected consumers and the industry; and further that, despite Section 29 of the Financial Services Act 2021 stating that the FCA must carry out a public consultation on whether it should make general rules providing that authorised persons owe a duty of care to consumers, the FCA consultation is entitled “A new Consumer Duty”, which differs from a duty of care—the legal definition of which we believe is not accurately described in that consultation—and would still require consumers to be beholden to the FCA to take action on their behalf.

The petitioners therefore request that the House of Commons urge the Government to ensure the FCA meets the intention of Section 29 of the Financial Services Act 2021, which if enacted in its true spirit, will strengthen consumer protection and the safety of our financial system going forward by creating a right of private action.

And the petitioners remain, etc.

[P002679]

[Patricia Gibson (North Ayrshire and Arran) (SNP)]

I rise to present a petition, which states:

The petition of residents of the constituency of North Ayrshire and Arran,

Declares that the current statistics on voter fraud show that it is incredibly rare and that this is no widespread problem across the UK, thus voter ID requirements are a solution in search of a problem; further that the only type of fraud that photographic voter IDs could prevent is voter impersonation, which is even more rare each year; further that this legislation has been described as draconian, archaic and anti-democratic, as it puts a qualification on the franchise; further that the real consequence of this legislation will be this Government suppressing voting among lower income, ethnic minority, and younger people, all of whom are less likely to vote for the party now in Government; further that, in contrast to this archaic Government, the SNP Government in Holyrood is focused on measures to extend the franchise and encourage turnout; further that the SNP has already introduced votes for 16 and 17-year-olds, refugees, and foreign nationals with leave to remain; and further that voting should be made as easy as possible with no barrier to contributing to democracy.

The petitioners therefore request that the House of Commons urge the Government to dismiss any plans to implement legislation that enforces voter IDs.

And the petitioners remain, etc.

[P002680]