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Regulatory and Banking Reform

Secondary information

Type

Parliamentary proceeding

Reference

529 c959-74 

Session

2010-12

Department

Treasury

Chamber / Committee

House of Commons chamber

Proceeding contributions

Mark Hoban | 529 c974 (Link to this contribution) It is important that the UK should remain a global financial centre. We need to get the regulation a...

Mark Hoban | 529 c974 (Link to this contribution) My hon. Friend makes an important point. We hope that the pre-legislative scrutiny of the Bill will ...

Show all contributions (63)

Alun Cairns | 529 c974 (Link to this contribution) I welcome my hon. Friend's statement, which I am sure will go a long way towards reintroducing stabi...

Andrew Bridgen | 529 c973 (Link to this contribution) Does my hon. Friend agree with the recent report from the other place saying that the tripartite aut...

Mark Hoban | 529 c973-4 (Link to this contribution) My hon. Friend makes an absolutely vital point. The failure of the financial regulatory system put i...

Harriett Baldwin | 529 c973 (Link to this contribution) Does the Financial Secretary share my astonishment at the selective recollection of historical facts...

Mark Hoban | 529 c973 (Link to this contribution) My hon. Friend makes two important points. The first is to recognise the role played by the Financia...

Bob Blackman | 529 c974 (Link to this contribution) I welcome the statement and the announcements today. However, will my hon. Friend elucidate on the e...

Mark Hoban | 529 c972 (Link to this contribution) The challenge is to make sure that we tackle the legacy that we have been left and that we get the b...

Philip Hollobone | 529 c972 (Link to this contribution) My constituents in Kettering want to know that the household savings that they have deposited in the...

Mark Hoban | 529 c972-3 (Link to this contribution) My statement today has demonstrated the action that we have taken over the past year to create a mor...

Baroness Bray of Coln | 529 c972 (Link to this contribution) I welcome the reforms, particularly the separation of investment banking from retail banking. Howeve...

Mark Hoban | 529 c972 (Link to this contribution) The package of proposals that the Independent Commission on Banking is developing is aimed at tackli...

Mark Hoban | 529 c971 (Link to this contribution) My hon. Friend makes an important point about diversity in the financial system. One of the points t...

Nigel Mills | 529 c971 (Link to this contribution) Although I warmly welcome the long-term direction that the Government are taking, may I press the Mi...

Mark Hoban | 529 c972 (Link to this contribution) My hon. Friend makes an important point. The Chancellor was very clear last night. Yes, we do want t...

Thomas Docherty | 529 c972 (Link to this contribution) Does the Minister now regret having voted against the saving of Northern Rock?

Mark Hoban | 529 c970 (Link to this contribution) My hon. Friend makes an important point, which goes back to the point that my hon. Friend the Member...

Baroness Clark of Kilwinning | 529 c970 (Link to this contribution) The Minister is well aware that savers are getting a very low interest rate, while for those who try...

Mark Hoban | 529 c970-1 (Link to this contribution) The hon. Lady is absolutely right to say that it is important that banks lend to businesses. If the ...

Paul Uppal | 529 c971 (Link to this contribution) Continuing the theme of competition, and being mindful that the Vickers report will be published in ...

Mark Hoban | 529 c968-9 (Link to this contribution) My hon. Friend makes an important point about exit. One area on which we are all working, not just i...

Steve Baker | 529 c968 (Link to this contribution) Do the Government agree that the best form of regulation is exit from the market? Does the Financial...

Mark Hoban | 529 c968 (Link to this contribution) The reforms we have set out are proportionate, and the recognition of the need to strengthen the ban...

David Nuttall | 529 c970 (Link to this contribution) I welcome the Minister's statement. Does he agree that the best way to protect consumers is to have ...

Mark Hoban | 529 c970 (Link to this contribution) The Bank of England and the FSA published a couple of weeks ago a document setting out the new regul...

Toby Perkins | 529 c970 (Link to this contribution) The Minister rightly says that a key part of the recovery of the banking sector's reputation is an i...

Mark Hoban | 529 c969-70 (Link to this contribution) My hon. Friend is absolutely right to highlight the numbers of people employed in financial services...

Mark Garnier | 529 c969 (Link to this contribution) My hon. Friend will know that the financial services industry in this country employs some 1 million...

Mark Hoban | 529 c969 (Link to this contribution) I hear the right hon. Gentleman's request, and his right hon. Friend the Member for Edinburgh South ...

Iain Wright | 529 c967 (Link to this contribution) Is there not an inherent contradiction in Government policy? One the one hand there is stricter ring...

Mark Hoban | 529 c966-7 (Link to this contribution) My hon. Friend makes an important point, and one that the hon. Member for Nottingham East (Chris Les...

Mark Hoban | 529 c968 (Link to this contribution) The hon. Lady will have an opportunity later this afternoon to quiz me on this in more detail as we ...

Jonathan Edwards | 529 c968 (Link to this contribution) Before the general election, the Chancellor and the Business Secretary were involved in a verbal fis...

Mark Hoban | 529 c968 (Link to this contribution) The financial crisis clearly had an impact on London's standing as a global financial centre, but my...

Anne Main | 529 c967 (Link to this contribution) I welcome the Financial Conduct Authority if it genuinely gives consumers greater protection. Under ...

Mark Hoban | 529 c967 (Link to this contribution) There is no dispute between the two. It is very clear that we need banks to hold more capital and, b...

Stella Creasy | 529 c967 (Link to this contribution) Further to that point about the powers of the Financial Conduct Authority, will the Minister clarify...

Mark Hoban | 529 c967 (Link to this contribution) I cannot comment on the case my hon. Friend raises, but we have corresponded about it. We need to se...

David Rutley | 529 c966 (Link to this contribution) I welcome the Chancellor's move to put an end to the failed tripartite model. What steps will be put...

Mark Hoban | 529 c965 (Link to this contribution) Is that it? I really did wonder. The hon. Gentleman has played an important role in the Treasury Com...

Mark Hoban | 529 c965 (Link to this contribution) The hon. Gentleman raises an important point, and I am pleased that he gave prior notice during busi...

Ian Mearns | 529 c965 (Link to this contribution) I listened with care to the Minister's statement, but he has not mentioned the Northern Rock Foundat...

Mark Hoban | 529 c965 (Link to this contribution) My hon. Friend makes an important point and one reason why it was important to reach agreement with ...

Brian Binley | 529 c965 (Link to this contribution) I welcome the Minister's statement, but may I remind him that the reorganisation of the regulators o...

Lord Beamish | 529 c966 (Link to this contribution) The Minister, who knows the north-east very well, will be aware that when Northern Rock was a buildi...

Mark Hoban | 529 c966 (Link to this contribution) My hon. Friend makes two important points. In the process of selling Northern Rock and returning it ...

Mike Hancock | 529 c965-6 (Link to this contribution) Will the Secretary of State give an assurance to the House and to the country that the sell-off of N...

Mark Hoban | 529 c964 (Link to this contribution) I am grateful to my hon. Friend for his support. I am not quite sure at times which is the more popu...

Andrew Love | 529 c964-5 (Link to this contribution) The Government set up the Independent Commission on Banking last year. The commission produced its i...

Chris Leslie | 529 c961-2 (Link to this contribution) What utter contempt the Government are showing to Parliament by announcing these major proposals fir...

Peter Bone | 529 c963 (Link to this contribution) I thought that the shadow Minister let the Government off far too lightly regarding Parliament. This...

Mark Hoban | 529 c962-3 (Link to this contribution) That response clearly demonstrated the emptiness of the Opposition's thoughts on these matters. They...

Chi Onwurah | 529 c964 (Link to this contribution) Northern Rock is headquartered in my constituency and my predecessor MP, Jim Cousins, played an impo...

Mark Hoban | 529 c963-4 (Link to this contribution) I would just point out to my hon. Friend that last night the Chancellor did not read out the White P...

Sajid Javid | 529 c964 (Link to this contribution) Drawing on my 19 years as a banker—[Interruption.] I was far more popular then than I am now. Drawin...

Mark Hoban | 529 c964 (Link to this contribution) The hon. Lady raises some important points about how a potential bidder would seek to maintain emplo...

Mark Hoban | 529 c971 (Link to this contribution) The hon. Gentleman makes an important point. I reiterate what I said before. Yes, Northern Rock has ...

Jonathan Reynolds | 529 c971 (Link to this contribution) I, like many hon. Friends, believe the Government's decision to proceed so quickly with a sale proce...

Keith Vaz | 529 c969 (Link to this contribution) In three weeks' time, 5 July marks the 20th anniversary of the closure of the Bank of Credit and Com...

Lord Johnson of Marylebone | 529 c968 (Link to this contribution) Many of my constituents depend on the existence of a thriving financial services industry in London....

Mark Hoban | 529 c966 (Link to this contribution) As I said earlier, re-mutualisation is an option. The advice we have received is to proceed with the...

Mark Hoban | 529 c959-61 (Link to this contribution) With permission, Mr Deputy Speaker, I should like to make a statement. It is now well known that th...

Subjects

Compensation Consumers Banks Conduct Competition Bank of England Finance Insurance companies Financial services Insolvency International cooperation Financial Services Authority Financial markets Government shareholding Private sector Privatisation Protection Standards Sales Regulation Reform Treasury Financial Services Compensation Scheme Northern Rock plc Financial Policy Committee Financial Conduct Authority Prudential Regulation Authority Independent Commission on Banking Southsea Mortgage and Investment Company

Legislation

Draft Financial Services Bill

Link

View this Parliamentary proceeding on www.publications.parliament.uk