Paralympic Swimmer, Director London 2012, Technology, Diversity and Inclusion
Today (3 March 2021) I am putting forward an amendment to the Financial Services Bill that aims to support financial education by formalising the provision of debt advice. Its purpose is straight forward – to ensure that those who are within the Statutory Debt Repayment Plan scheme will receive debt advice. The full wording of …
Continue reading “Financial Services Bill Amendment: Provision of Debt Advice”
Today (3 March 2021) is day four of the House of Lords committee stage debate on the Financial Services Bill. I am proposing an amendment to highlight the current, sub-optimal, identity verification requirement in financial services known as Know Your Customer [KYC]. This amendment also offers a pathway to transforming our approach, our outcomes and …
Continue reading “Financial Services Bill Amendment: Updating the Know Your Customer [KYC] Process.”
Today (3 March 2021), in the House of Lords, I am putting forward an amendment to the Financial Services Bill which would increase protection for those who find themselves vulnerable to the sharp practice of ‘lead generators’ when they are seeking debt advice. The amendment is designed to prevent practice of so called ‘lead generation’. …
Continue reading “Financial Services Bill Amendments: ‘Lead Generators’ – Time for Regulation.”
Today (1 March 2021) is day 3 of committee stage for the Financial Services Bill in the House of Lords. I am putting forward an amendment to the bill which could positively impact the levelling up agenda. If accepted, this amendment could: Dramatically increase financial inclusion for our superb SME businesses. Develop an effective ‘patient’ …
Continue reading “Financial Services Bill Amendment: The Case for Regional Mutual Banks”
Today (1 March 2021) is day three of committee stage for the Financial Services Bill in the House of Lords. I am putting forward an amendment which would require fund managers to report to the Financial Conduct Authority on how their funds, and each constituent part of their funds, satisfy such environmental, social and governance …
Continue reading “Financial Services Bill Amendment: Duty to Report on ESG Status of Funds”
Today (22 February 2021) is the first day of Committee Stage for the Financial Services Bill in the House of Lords. I will be speaking in support of several amendments and putting forward three amendments in my own name; to better protect small and medium-sized enterprises, to review financial services regulation and to ensure more …
Today (22 February 2021) is the first day of committee stage for the Financial Services Bill in the House of Lords. I will be speaking in support of several amendments and putting forward three particular amendments in my own name. Second of my amendments to be debated during todays proceedings will be amendment 113, which …
Improving Small and Medium-Sized Enterprises (SME) rights by permitting rights of action for breaches of Financial Conduct Authority (FCA) handbook. Today (22 February 2021) is the first day of Committee Stage for the Financial Services Bill in the House of Lords. I will be speaking in support of several amendments and putting forward three particular …
Continue reading “Financial Services Bill Amendment: Rights of Action for Small Businesses”
I was delighted to participate in a videoblog, earlier this week with Hogan Lovells Financial Institutions Partner, Rachel Kent on The Future Regulatory Framework. The issue of the day, how to establish an effective and efficient means of scrutinising our financial regulators. It is self evident that major changes are underway, and required, as to …
Continue reading “Who Watches the Financial Services Watchdogs?”
