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Speech in Lords Chamber - Tue 27 Apr 2021
Kalifa Review of UK Fintech

"To ask Her Majesty’s Government what assessment they have made of the recommendations in the Kalifa Review of UK Fintech, published on 26 February...."
Lord Holmes of Richmond - View Speech

View all Lord Holmes of Richmond (Con - Life peer) contributions to the debate on: Kalifa Review of UK Fintech
Speech in Lords Chamber - Tue 27 Apr 2021
Kalifa Review of UK Fintech

"My Lords, I beg leave to ask the Question standing in my name on the Order Paper and declare my interests as set out in the register...."
Lord Holmes of Richmond - View Speech

View all Lord Holmes of Richmond (Con - Life peer) contributions to the debate on: Kalifa Review of UK Fintech
Speech in Lords Chamber - Tue 27 Apr 2021
Kalifa Review of UK Fintech

"My Lords, fintech has a critical role to play in our Covid recovery, in enabling financial inclusion and in levelling up, not least through the nations’ and regions’ fintech clusters. Does my noble friend the Minister agree? What is the Government’s plan to make these criticalities a reality?..."
Lord Holmes of Richmond - View Speech

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Written Question
Crown Commercial Service: Financial Services
Monday 26th April 2021

Asked by: Lord Holmes of Richmond (Conservative - Life peer)

Question to the Cabinet Office:

To ask Her Majesty's Government what steps they are taking to ensure financial technology solutions are considered as part of the Debt Resolution Services supplier roster being created by the Crown Commercial Service.

Answered by Lord True - Shadow Leader of the House of Lords

The Debt Resolution Services Framework will include specific lots for data and affordability solutions. These will be supplied by organisations that provide a range of technology and digital solutions including but not exclusive to; conversational artificial intelligence, open-banking, credit reference agency data, and automated standard financial statements.

Public Sector organisations can utilise these solutions and services to better understand customer financial circumstances and ensure affordable outcomes while providing increased access and choice in the way that customers interact with the services.

It is anticipated that the contract notice for the Debt Resolution Services Framework will be published in June 2021.

Speech in Lords Chamber - Wed 14 Apr 2021
Financial Services Bill

"My Lords, it is a pleasure to take part on this group of amendments. I declare my financial services interests and say just this: the borrowers are not to blame, but they bear the burden. Does my noble friend the Minister agree?

In agreeing to a large extent with my …..."
Lord Holmes of Richmond - View Speech

View all Lord Holmes of Richmond (Con - Life peer) contributions to the debate on: Financial Services Bill
Speech in Lords Chamber - Wed 14 Apr 2021
Financial Services Bill

"My Lords, it is a pleasure to follow the Minister. In doing so, I declare my financial services interests as set out in the register. I would like to be the first to offer my support for Amendment 14 and what it seeks to achieve. I congratulate my noble friend …..."
Lord Holmes of Richmond - View Speech

View all Lord Holmes of Richmond (Con - Life peer) contributions to the debate on: Financial Services Bill
Speech in Lords Chamber - Wed 14 Apr 2021
Financial Services Bill

"My Lords, it is a pleasure to take part in this group of amendments and I declare my interests as set out in the register. I will speak to a trio of amendments and I will endeavour to do it in a trice.

First, I very much support the intention …..."
Lord Holmes of Richmond - View Speech

View all Lord Holmes of Richmond (Con - Life peer) contributions to the debate on: Financial Services Bill
Speech in Lords Chamber - Wed 14 Apr 2021
Financial Services Bill

"My Lords, it is a pleasure to follow my noble friend Lady McIntosh, and to congratulate the noble Lord, Lord Stevenson of Balmacara, on all his efforts in this respect. The Law Commission’s recommendations seemed pertinent and on point in 2017; four years on, they seem similarly pertinent and on …..."
Lord Holmes of Richmond - View Speech

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Speech in Lords Chamber - Mon 22 Mar 2021
People with Disabilities Standing for Elected Office

"My Lords, does my noble friend agree that the Government may be able to perform a useful convening role with political parties, to gain more traction on this issue? In 2018, I was commissioned to produce a report on increasing access to public appointments for disabled people. Unfortunately, many of …..."
Lord Holmes of Richmond - View Speech

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Speech in Lords Chamber - Wed 17 Mar 2021
Taskforce on Innovation, Growth and Regulatory Reform

"My Lords, the Covid pandemic has affected young people particularly hard in their education and when beginning their careers. To this end, and in terms of “Build back better” and this task force, will the Government put an end to the pernicious practice of unpaid internships? The Prime Minister and …..."
Lord Holmes of Richmond - View Speech

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