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Speech in Public Bill Committees - Wed 19 Oct 2022
Financial Services and Markets Bill (First sitting)

"Q I was thinking particularly about the powers to stop the damage from being done, rather than simply the power to pay financial redress, which usually takes a long time, is very stressful for victims and sometimes comes too late for victims who do not live long enough to …..."
Peter Grant - View Speech

View all Peter Grant (SNP - Glenrothes) contributions to the debate on: Financial Services and Markets Bill (First sitting)

Speech in Public Bill Committees - Wed 19 Oct 2022
Financial Services and Markets Bill (First sitting)

"Q Clause 1 proposes to repeal around 250 pieces of European legislation, pretty much at the stoke of a pen. The rest of the Bill then expects the Treasury to replace all those bits of legislation by a process that will allow for very minimal parliamentary oversight. Do you …..."
Peter Grant - View Speech

View all Peter Grant (SNP - Glenrothes) contributions to the debate on: Financial Services and Markets Bill (First sitting)

Speech in Public Bill Committees - Wed 19 Oct 2022
Financial Services and Markets Bill (First sitting)

"Q You are using terms such as “transpose” and “translate”, and the representatives from the FCA that we heard from earlier used similar terms. Are we talking about almost literally translating all these documents into the English of the United Kingdom or are we talking about significantly changing the …..."
Peter Grant - View Speech

View all Peter Grant (SNP - Glenrothes) contributions to the debate on: Financial Services and Markets Bill (First sitting)

Speech in Public Bill Committees - Wed 19 Oct 2022
Financial Services and Markets Bill (First sitting)

"Q I have another question for both you. There have been suggestions that the Bill should place responsibility on the regulator to promote competitiveness. There have been suggestions that matters such as consumer protection and compatibility with the UK’s climate change obligations should be given the same importance in …..."
Peter Grant - View Speech

View all Peter Grant (SNP - Glenrothes) contributions to the debate on: Financial Services and Markets Bill (First sitting)

Speech in Public Bill Committees - Wed 19 Oct 2022
Financial Services and Markets Bill (First sitting)

"Q Are those comments made within the context that achieving a permanent change in net zero targets is not optional? It is absolutely necessary.

David Postings: The banking industry is 100% behind that transition, but the transition is the important point, not just greening the balance sheets of the …..."

Peter Grant - View Speech

View all Peter Grant (SNP - Glenrothes) contributions to the debate on: Financial Services and Markets Bill (First sitting)

Speech in Public Bill Committees - Wed 19 Oct 2022
Financial Services and Markets Bill (First sitting)

"Q Ms Clark, can I come back to your comment earlier about insurance companies having been set up in Gibraltar and elsewhere offshore but not in the UK? Do you have reasonable grounds to believe that the UK regulatory environment has been a significant factor in those decisions? Can …..."
Peter Grant - View Speech

View all Peter Grant (SNP - Glenrothes) contributions to the debate on: Financial Services and Markets Bill (First sitting)

Speech in Public Bill Committees - Wed 19 Oct 2022
Financial Services and Markets Bill (First sitting)

"There could be a number of reasons why UK business owners choose to set up companies offshore, including in Gibraltar, and they are not always reasons that have the best interests of consumers at heart.

Charlotte Clark: I think that is fair. I am certainly not casting aspersions on …..."

Peter Grant - View Speech

View all Peter Grant (SNP - Glenrothes) contributions to the debate on: Financial Services and Markets Bill (First sitting)

Speech in Commons Chamber - Mon 17 Oct 2022
Economic Update

"Can I thank the Chancellor in advance for what he has promised to publish over the next two weeks because it will be the starkest ever confirmation of the awful price of Better Together?

Unless you are a banker on a bumper bonus, which not many of my constituents are, …..."

Peter Grant - View Speech

View all Peter Grant (SNP - Glenrothes) contributions to the debate on: Economic Update

Speech in Commons Chamber - Tue 11 Oct 2022
Health and Social Care Levy (Repeal) Bill

"Does the Minister accept that, regardless of what the Government have done, my constituents can expect to pay double for their energy bills this year compared with what they paid last year?..."
Peter Grant - View Speech

View all Peter Grant (SNP - Glenrothes) contributions to the debate on: Health and Social Care Levy (Repeal) Bill

Speech in Commons Chamber - Tue 11 Oct 2022
Health and Social Care Levy (Repeal) Bill

"The former Prime Minister had a mandate to do what he did last year. The hon. Member for South Suffolk (James Cartlidge) says the new Prime Minister has a mandate to do this. Where did that mandate come from? I do not remember Parliament being dissolved for a general election …..."
Peter Grant - View Speech

View all Peter Grant (SNP - Glenrothes) contributions to the debate on: Health and Social Care Levy (Repeal) Bill