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Lord Eatwell
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Financial markets

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Eatwell, Lord (3)

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My Lords, we seem to be predominantly discussing personal experiences at the moment, so I declare an interest as the former chairman of the Jersey Financial Services Commission.

The definition of a politically exposed person in Amendment 96 refers to persons

“entrusted with prominent public functions by the United Kingdom”.

Presumably, that would...

Member
Lord Eatwell (Labour)
Type
Proceeding contributions
Date
13 June 2023
Reference
830 cc1861-2
House
House of Lords

My Lords, this is not just a good amendment, it is a very important and timely one. Noble Lords will recall that after the death of Robert Maxwell and the exposure of the way in which he had looted the Mirror Group pension funds, the Government introduced a new pensions...

Member
Lord Eatwell (Labour)
Type
Proceeding contributions
Date
13 June 2023
Reference
830 cc1882-3
House
House of Lords

My Lords, I must say that, listening to the noble Viscount, Lord Trenchard, just now, I think he has given strong arguments in favour

of this amendment—strong because what the amendment asks for is accountability to Parliament on the performance of the ring-fence and the SMCR. If that accountability existed,...

Member
Lord Eatwell (Labour)
Type
Proceeding contributions
Date
13 June 2023
Reference
830 cc1896-7
House
House of Lords