Financial Services Bill

– in a Public Bill Committee on 17th November 2020.

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[Philip Davies in the Chair]

Photo of Philip Davies Philip Davies Conservative, Shipley 9:25 am, 17th November 2020

Before we begin, I have a few preliminary announcements: please switch electronic devices to silent. Tea and coffee are not allowed during sittings. Can I emphasise the importance of social distancing? Spaces available to Members are clearly marked. As you can see, not all Members can fit around the horseshoe. Will Members sitting at the side of the Room or in the Public Gallery please use the standing microphone if they wish to ask a question?

Today we will first consider the programme motion on the amendment paper. We will then consider a motion to enable the reporting of written evidence for publication, and then a motion to allow us to deliberate in private on our questions before the oral session begins. In view of the time available, I hope we can take these matters without debate. I call the Minister to move the programme motion standing in his name, which was discussed yesterday by the Programming Sub-Committee for this Bill.

Ordered,

That—

(1) the Committee shall (in addition to its first meeting at 9.25 am on Tuesday 17 November) meet—

(a) at 2.00 pm on Tuesday 17 November;

(b) at 11.30 am and 2.00 pm on Thursday 19 November;

(c) at 9.25 am and 2.00 pm on Tuesday 24 November;

(d) at 11.30 am and 2.00 pm on Thursday 26 November;

(e) at 9.25 am and 2.00 pm on Tuesday 1 December;

(f) at 11.30 am and 2.00 pm on Thursday 3 December;

(2) the Committee shall hear oral evidence in accordance with the following table:

Table

Date

Time

Witness

Tuesday 17 November

Until no later than 10.25 am

Prudential Regulation Authority; Financial Conduct Authority

Tuesday 17 November

Until no later than 10.55 am

UK Finance

Tuesday 17 November

Until no later than 11.25 am

International Capital Market Association

Tuesday 17 November

Until no later than 2.45 pm

The Investment Association

Tuesday 17 November

Until no later than 3.30 pm

TheCityUK; City of London Corporation

Tuesday 17 November

Until no later than 4.00 pm

The Association for Financial Markets in Europe

Tuesday 17 November

Until no later than 4.30 pm

The British Private Equity and Venture Capital Association

Tuesday 17 November

Until no later than 5.00 pm

StepChange Debt Charity

Thursday 19 November

Until no later than 12.15 pm

Spotlight on Corruption

Thursday 19 November

Until no later than 2.45 pm

The Association of British Insurers

Thursday 19 November

Until no later than 3.30 pm

Transparency International

Thursday 19 November

Until no later than 4.15 pm

The Finance Innovation Lab; Positive Money

Thursday 19 November

Until no later than 5.00 pm

Hon Albert Isola MP, Minister for Digital, Financial Services and Public Utilities, Her Majesty’s Government of Gibraltar

(3) proceedings on consideration of the Bill in Committee shall be taken in the following order: Clause 1; Schedule 1; Clause 2; Schedule 2; Clauses 3 to 5; Schedule 3; Clauses 6 and 7; Schedule 4; Clauses 8 to 21; Schedule 5; Clause 22; Schedules 6 to 8; Clauses 23 and 24; Schedule 9; Clauses 25 to 27; Schedule 10; Clause 28; Schedule 11; Clauses 29 to 44; new Clauses; new Schedules; remaining proceedings on the Bill;

(4) the proceedings shall (so far as not previously concluded) be brought to a conclusion at 5.00 pm on Thursday 3 December.—(John Glen.)

Resolved,

That, subject to the discretion of the Chair, any written evidence received by the Committee shall be reported to the House for publication.—(John Glen.)

Photo of Philip Davies Philip Davies Conservative, Shipley

Copies of written evidence that the Committee receives will be made available in the Committee Room. I call the Minister to move the motion about deliberating in private.

Resolved,

That, at this and any subsequent meeting at which oral evidence is to be heard, the Committee shall sit in private until the witnesses are admitted.—(John Glen.)

Photo of Philip Davies Philip Davies Conservative, Shipley

We will now go into private session to discuss lines of questioning.

The Committee deliberated in private.