M

Member

Speaking in the House of Lords on 7 September 2026

Debate

Financial Services and Markets Bill [HL]

Contribution

22: Schedule 2, page 85, line 13, at end insert “, and (ii) in its application as a secondary objective, the objective set out in section 30J(1) of the Bank of England Act 1998 (payment systems etc: innovation).”Member’s explanatory statement This amendment is consequential on the amendment in the name of Lord Pitt-Watson that inserts a new clause after clause 22 relating to the Bank of England’s functions relating to payment systems and service providers.

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