"My Lords, I hope to keep the noble Lord, Lord Wilson, happy by being very brief. One of the things that came out of the committee’s report was the proliferation of principles and “have regards”, et cetera. It is ripe for a review and an overhaul, and I agree with …..." Lord Vaux of Harrowden - View Speech
"My Lords, as this is the first time I have spoken on the Bill, I would normally apologise for not taking part in Second Reading but—how I can put this—I was enjoying my temporary retirement from the House...." Lord Vaux of Harrowden - View Speech
"It is very nice to be back to do another Financial Services and Markets Bill. As it is the first time I have spoken, I should declare a registered interest in Fidelity National Information Services, Inc., which is a large American company that provides services and software to a wide …..." Lord Vaux of Harrowden - View Speech
"If the review is going to be completed in October, presumably there will then be a period of time when the Government will consider it. In my experience, that usually takes several months, by which time the Bill will be law. I struggle to understand how the power can be …..." Lord Vaux of Harrowden - View Speech
"My Lords, I have a number of amendments in this group on the subject of fraud and scams. I have also added my support to the lead amendment, which was tabled by the noble Baroness, Lady Kramer, and to which she has just spoken. Most of my amendments arise, at …..." Lord Vaux of Harrowden - View Speech
"My Lords, what assessment have the Government made of the role of Greece with the Russian shadow fleet? Many of these ships appear to have been previously Greek-owned, and we have the ship-to-ship transfers of oil that are taking place in the Aegean Sea. What discussions have we had with …..." Lord Vaux of Harrowden - View Speech
"My Lords, I will briefly add my support to Motion A1 from the noble Baroness, Lady Bowles, to remove the mandation reserved power. On Monday, the Minister told us:
“On the question on fiduciary duty, nothing in the Bill disapplies trustees’ existing duties of loyalty, prudence and acting in members’ …..." Lord Vaux of Harrowden - View Speech
"To follow up on that, can the Minister explain how a windfall tax paid to the Treasury ends up reducing people’s bills?..." Lord Vaux of Harrowden - View Speech