M

Member

Speaking in the House of Lords on 7 September 2026

Debate

Financial Services and Markets Bill [HL]

Contribution

The Government do not believe that it would be right to remove Clause 1, which would prevent this reform, or to introduce the sorts of duties set out in Clauses 2 or 3, where, for example, there could be an argument about the information that was provided to consumers, which might well have been expressed in a way that would not be to their advantage or to their understanding. In all of this, there is no intention to reduce consumer protections.

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