To ask Her Majesty's Government, further to the Written Answer by Lord Henley on 18 January (HL12950), whether the scope of the review of the standards of auditing in the UK will cover all references to auditor duties in the Companies Act 2006; and whether the review will be resourced with appropriately qualified independent lawyers to consider those duties as set out in that Act.
My Lords, I thank the noble Lord, Lord Bates, for his introduction. Just in case, I will declare my interest as a director of the London Stock Exchange Group plc; obviously, this would not affect the exchange, but I guess that it could be relevant to some of our competitors. Perhaps it would have been useful if we could have had one of those flow diagrams like the ones you make when you are...
My Lords, I too thank the Minister for his introduction. When I was involved in legislation in Europe, Solvency II was perhaps the first time that I discovered that I could be right while the Treasury was wrong. When I chaired the committee that gave me the confidence to trust my own judgment and to have few, if any, disagreements with the Treasury. As it was originally done, Solvency II did...
Liberal Democrat Peer
Entered the House of Lords on 1 December 2015
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