What cryptoassets are, how they work, their history, the benefits and risks, and UK regulation.

What cryptoassets are, how they work, their history, the benefits and risks, and UK regulation.

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential economic impact of blockchain and distributed ledger technologies in the UK.

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential economic impact of blockchain and distributed ledger technologies in the UK.

My honourable friend the Economic Secretary to the Treasury (Tulip Siddiq) has today made the followng Written Ministerial Statement.

My right honourable friend the Chancellor of the Exchequer (Rachel Reeves) announced on Thursday 14 November at Mansion House that the government intends to launch a pilot Digital Gilt Instrument (DIGIT), using...

My honourable friend the Economic Secretary to the Treasury (Tulip Siddiq) has today made the followng Written Ministerial Statement.

My right honourable friend the Chancellor of the Exchequer (Rachel Reeves) announced on Thursday 14 November at Mansion House that the government intends to launch a pilot Digital Gilt Instrument (DIGIT), using...

My right honourable friend the Chancellor of the Exchequer (Rachel Reeves) announced on Thursday 14 November at Mansion House that the government intends to launch a pilot Digital Gilt Instrument (DIGIT), using distributed ledger technology.

‘Distributed ledger technology’ (DLT) refers to a variety of technologies characterised by their use of networks...

My right honourable friend the Chancellor of the Exchequer (Rachel Reeves) announced on Thursday 14 November at Mansion House that the government intends to launch a pilot Digital Gilt Instrument (DIGIT), using distributed ledger technology.

‘Distributed ledger technology’ (DLT) refers to a variety of technologies characterised by their use of networks...

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the role of Government in the stimulus and advancement of deployment of technology including distributed ledger technology that is used in distributed systems (a) for critical minerals and (b) more widely.

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the role of Government in the stimulus and advancement of deployment of technology including distributed ledger technology that is used in distributed systems (a) for critical minerals and (b) more widely.

My right honourable friend the Chancellor of the Exchequer (Rishi Sunak) has today made the following Written Ministerial Statement.

Innovation is at the forefront of our vision for the future of UK financial services. The Government is committed to ensuring that the UK remains at the global cutting edge of technology...

My right honourable friend the Chancellor of the Exchequer (Rishi Sunak) has today made the following Written Ministerial Statement.

Innovation is at the forefront of our vision for the future of UK financial services. The Government is committed to ensuring that the UK remains at the global cutting edge of technology...

Innovation is at the forefront of our vision for the future of UK financial services. The Government is committed to ensuring that the UK remains at the global cutting edge of technology and innovation in financial services. Creating the conditions needed for our Fintech businesses to grow and compete, both...

Innovation is at the forefront of our vision for the future of UK financial services. The Government is committed to ensuring that the UK remains at the global cutting edge of technology and innovation in financial services. Creating the conditions needed for our Fintech businesses to grow and compete, both...

Letter dated 22/03/2021 from Baroness Penn to Lord Holmes regarding issues raised during the Committee Stage (sixth day) of the Financial Services Bill: artificial intelligence (AI) policy, digital identity, distributed ledger technology, Open Finance. 3p.

Letter dated 22/03/2021 from Baroness Penn to Lord Holmes regarding issues raised during the Committee Stage (sixth day) of the Financial Services Bill: artificial intelligence (AI) policy, digital identity, distributed ledger technology, Open Finance. 3p.

My Lords, I declare an interest as co-chair of the APPG on Mortgage Prisoners. Mortgage prisoners exist almost entirely because the Treasury made a terrible mistake when it sold the first tranche of former Northern Rock and B&B mortgages to an unregulated American vulture fund called Cerberus. Cerberus is the...

My Lords, I declare an interest as co-chair of the APPG on Mortgage Prisoners. Mortgage prisoners exist almost entirely because the Treasury made a terrible mistake when it sold the first tranche of former Northern Rock and B&B mortgages to an unregulated American vulture fund called Cerberus. Cerberus is the...

My Lords, Amendment 107 would require the FCA to make a public statement on the nature of any intervention a Minister may make into an FCA investigation into an individual firm.

The current legislative framework established the FCA as an independent, non-governmental body responsible for regulating and supervising the financial services...

My Lords, Amendment 107 would require the FCA to make a public statement on the nature of any intervention a Minister may make into an FCA investigation into an individual firm.

The current legislative framework established the FCA as an independent, non-governmental body responsible for regulating and supervising the financial services...

My Lords, Amendment 120 seeks to strengthen regulation by empowering stakeholders to watch over the conduct of the executive boards of the FCA and the PRA, so that stakeholder interests do not continue to be marginalised.

Throughout the passage of the Bill in this House and the other place, considerable concern...

My Lords, Amendment 120 seeks to strengthen regulation by empowering stakeholders to watch over the conduct of the executive boards of the FCA and the PRA, so that stakeholder interests do not continue to be marginalised.

Throughout the passage of the Bill in this House and the other place, considerable concern...

My Lords, the Government agree that effective oversight of the FCA and PRA is a crucial component of our regulatory framework. Indeed, noble Lords will remember that in earlier debates we discussed the existing mechanisms to ensure effective independent oversight of the regulators by a diverse range of stakeholders. For...

My Lords, the Government agree that effective oversight of the FCA and PRA is a crucial component of our regulatory framework. Indeed, noble Lords will remember that in earlier debates we discussed the existing mechanisms to ensure effective independent oversight of the regulators by a diverse range of stakeholders. For...

I am grateful to all noble Lords for their contributions to the debate, and it would be helpful if I could respond to a few points. First, under my amendment both the FCA and the PRA would need a supervisory board. Indeed, if I were redesigning the entire regulatory architecture...

I am grateful to all noble Lords for their contributions to the debate, and it would be helpful if I could respond to a few points. First, under my amendment both the FCA and the PRA would need a supervisory board. Indeed, if I were redesigning the entire regulatory architecture...

My Lords, first, I have to correct an error I made in the last group of amendments. I referred to the HBOS Reading scandal when I was talking about the Promontory report, and of course I should have been talking about the RBS GRG scandal; I am afraid I got...

My Lords, first, I have to correct an error I made in the last group of amendments. I referred to the HBOS Reading scandal when I was talking about the Promontory report, and of course I should have been talking about the RBS GRG scandal; I am afraid I got...

My Lords, the noble Lord, Lord Hodgson, has tabled a number of interesting amendments relating to the quality of work, as well as on the topic of employee share schemes. As I am sure the Minister will mention, the latter topic is the subject of a call for evidence issued...

My Lords, the noble Lord, Lord Hodgson, has tabled a number of interesting amendments relating to the quality of work, as well as on the topic of employee share schemes. As I am sure the Minister will mention, the latter topic is the subject of a call for evidence issued...

My Lords, I am grateful to my noble friend Lord Hodgson for directing the Committee’s attention to a set of issues that lie at the heart of the agenda for workers’ rights and social justice in the workplace. Let me begin by saying to him that the Government are committed...

My Lords, I am grateful to my noble friend Lord Hodgson for directing the Committee’s attention to a set of issues that lie at the heart of the agenda for workers’ rights and social justice in the workplace. Let me begin by saying to him that the Government are committed...

My Lords, I am exceptionally grateful to everybody who has taken part in this debate, including the noble Lord, Lord Knight of Weymouth, who was the first to raise the concept of building back better, which was later picked up by everybody, including my noble friend the Minister.

I am grateful...

My Lords, I am exceptionally grateful to everybody who has taken part in this debate, including the noble Lord, Lord Knight of Weymouth, who was the first to raise the concept of building back better, which was later picked up by everybody, including my noble friend the Minister.

I am grateful...