Lord Bagri

Former Conservative Peer

Recent appearances

  • Financial Services and Markets Bill 21 Mar 2000

    As I know something about the Sumitomo case, perhaps I may congratulate the Minister on trying to deal with it. I know how difficult it was to deal with. That is why we welcome the extension of the market abuse regime to cover both non-authorised persons and off-exchange activity which has a manipulative effect on the exchange market. I listened with interest to the Minister's reference to a...
  • Financial Services and Markets Bill 16 Mar 2000

    With due respect, I do not believe that that is only in the hands of the practitioners. If one over-regulates--there is little downside for regulators in over-regulating--that adds to the burden of regulation, which adds to the cost. There is nothing the practitioners can do to reduce that cost. I do not see why we are bashful about saying that we shall improve the competitiveness of UK...
  • Financial Services and Markets Bill 16 Mar 2000

    There is already a provision for judicial review. Perhaps Members of the Committee can imagine themselves in a regulatory body that lost two or three judicial reviews in a row: no one would have any confidence in you, no one would trade in your market and, indeed, no one would believe you. I believe that there is an automatic remedy in this respect. If we go in for subjective judgment about...

More of Lord Bagri’s recent appearances


Former Conservative Peer

Entered the House of Lords in 1997

Left the House of Lords on 6 July 2010 — Resigned

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