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Financial Services Bill

Part of the debate – in a Public Bill Committee at 8:28 pm on 6th March 2012.

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Photo of Cathy Jamieson Cathy Jamieson Shadow Minister (Treasury) 8:28 pm, 6th March 2012

It is an absolute pleasure to be back here this evening. [Hon. Members: “Hear, hear.] Hopefully, we can make the Minister happy once again—although perhaps that will not apply to all the members of the Committee who have to remain with us.

On a serious point, I wish to refer the comments of the hon. Member for West Suffolk who promoted me to the Whips Office during his contribution to the debate. I always hold the Whips in the highest esteem wherever  I am. That is always wise action to take. The hon. Gentleman made some important points. I understood his argument. He said that he accepted why we wanted transparency, and information to act both as information in itself but as a deterrent.

I recognise the argument about publishing on only one website, but I am slightly bemused why the Minister believes that the Treasury website is not perhaps an ideal place to hold such information. If people were looking for information, they would want to know from a Government website exactly what it is. Surely that would be one of the places that people would look rather than trying to find the information elsewhere. If the hon. Gentleman can assure me that there will be enough publicity or information to highlight where the list of prohibited people will be held so that people can obtain that information, I shall withdraw the amendment. I am not quite sure that I received such an assurance.