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Written Question
Financial Services: UK Trade with EU
Tuesday 11th February 2020

Asked by: Baroness Falkner of Margravine (Crossbench - Life peer)

Question to the HM Treasury:

To ask Her Majesty's Government what consultations they have undertaken with (1) central clearing parties, (2) asset managers, (3) investment banks, and (4) insurance firms, about regulations for future market access to the EU; whether they intend to undertake a public consultation on future EU market access for financial services; and if so, when.

Answered by Earl of Courtown - Opposition Deputy Chief Whip (Lords)

The Government is in regular contact with the financial services industry on a range of EU issues, including the future relationship. This has included ministerial and official meetings with a wide range of central clearing parties, asset managers, investment banks, and insurance firms, among others, in order to inform our negotiations with the EU.

HM Treasury will continue to engage with the financial services sector as negotiations with the EU progress.


Written Question
Sanctions: Russia
Thursday 29th March 2018

Asked by: Baroness Falkner of Margravine (Crossbench - Life peer)

Question to the HM Treasury:

To ask Her Majesty's Government whether they have made an assessment of whether those Russians listed by the United States Treasury Department on 30 January as potentially subject to United States sanctions for illegal activity, including those identified by the Anti-Corruption Foundation for wrongdoing under the UK Bribery Act 2010, are persons connected to companies listed on the London Stock Exchange.

Answered by Lord Bates

The Government is aware of the recent report issued by the United States Treasury Department. This report is not a sanctions list and does not impose sanctions on individuals and entities listed in it.

The UK implements sanctions agreed at the UN, EU or those the Government put in place autonomously. Only a relevant prohibition contained in these sanctions will prevent a person from being connected to companies listed on the London Stock Exchange .

Allegations of illegal activity under the UK Bribery Act 2010 are a matter for the operationally independent Serious Fraud Office to investigate.


Speech in Lords Chamber - Thu 09 Feb 2017
Brexit: Financial Services (European Union Committee Report)

"That this House takes note of the Report from the European Union Committee Brexit: financial services (9th Report, HL Paper 81)...."
Baroness Falkner of Margravine - View Speech

View all Baroness Falkner of Margravine (XB - Life peer) contributions to the debate on: Brexit: Financial Services (European Union Committee Report)

Speech in Lords Chamber - Thu 09 Feb 2017
Brexit: Financial Services (European Union Committee Report)

"My Lords, I am delighted to introduce this European Union Committee report. In doing so I congratulate the noble Baroness, Lady Neville-Rolfe, on her recent appointment to the Treasury and on her role as Minister in charge of “EU exit financial services”. I hope to have a very positive interaction …..."
Baroness Falkner of Margravine - View Speech

View all Baroness Falkner of Margravine (XB - Life peer) contributions to the debate on: Brexit: Financial Services (European Union Committee Report)

Speech in Lords Chamber - Thu 09 Feb 2017
Brexit: Financial Services (European Union Committee Report)

"My Lords, this has been an extremely fruitful debate and I am particularly grateful to the Minister for giving us, in the absence of a formal government response, a clear line of vision about how she is proceeding with her role. I particularly want to thank those noble Lords who …..."
Baroness Falkner of Margravine - View Speech

View all Baroness Falkner of Margravine (XB - Life peer) contributions to the debate on: Brexit: Financial Services (European Union Committee Report)

Speech in Lords Chamber - Mon 06 Jul 2015
Greece

"My Lords, the noble Lord, Lord O’Neill, is wise to resist the encouragement of the noble Lord, Lord Lawson, to comment on his own views about the current situation in Greece, particularly given the role that Goldman Sachs played in Greece’s original submission to join the eurozone. However, I will …..."
Baroness Falkner of Margravine - View Speech

View all Baroness Falkner of Margravine (XB - Life peer) contributions to the debate on: Greece

Speech in Lords Chamber - Thu 24 Oct 2013
EU: UK Membership

"My Lords, I, too, thank my noble friend Lord Shipley for having secured this debate. It is an important debate and it is an important time for our country to have these discussions. Before I move to the substance of my speech, I could not possibly not congratulate my noble …..."
Baroness Falkner of Margravine - View Speech

View all Baroness Falkner of Margravine (XB - Life peer) contributions to the debate on: EU: UK Membership

Speech in Lords Chamber - Thu 24 Jan 2013
European Banking Union: EUC Report

"My Lords, I, too, thank the noble Lord, Lord Harrison, and his committee for this excellent report on the European banking union. In doing so, I make one or two observations in general about the European Union Committee and its reports. I can see in the Chamber five brave people …..."
Baroness Falkner of Margravine - View Speech

View all Baroness Falkner of Margravine (XB - Life peer) contributions to the debate on: European Banking Union: EUC Report

Speech in Lords Chamber - Thu 17 May 2012
Eurozone

"My Lords, given the relatively healthy state of the German economy and its growth rate, are the Government having any conversations with the Germans about using fiscal measures to unleash some consumption and spending within Germany so that 80 million Germans do not keep their money under their mattresses but …..."
Baroness Falkner of Margravine - View Speech

View all Baroness Falkner of Margravine (XB - Life peer) contributions to the debate on: Eurozone

Speech in Lords Chamber - Fri 25 Nov 2011
European Union Membership (Economic Implications) Bill [HL]

"My Lords, I, too, start by paying tribute to the noble Lord, Lord Pearson of Rannoch. He is indefatigable in pursuit of making our country think again about its role in the European Union. It is right that we periodically debate the big picture of our relations with our neighbours, …..."
Baroness Falkner of Margravine - View Speech

View all Baroness Falkner of Margravine (XB - Life peer) contributions to the debate on: European Union Membership (Economic Implications) Bill [HL]