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OpenFinancial Services (Implementation of Legislation) Bill [HL]

Proposed amendments

26 amendments across 2 provisions

Clause 1 25

Amendment #10907#10907Not movedAmends text
Amendment text
at end insert—
Any omission or adjustment made under subsection (1) other than in connection with the withdrawal of the United Kingdom from the EU and subject to similar terms as in the European Union (Withdrawal) Act 2018 is only to be considered appropriate if the Treasury has at least three months previously laid before Parliament a report on the policy and reasons for omission or potential omission of provisions contained in specified EU financial services legislation.”
Stage
Committee stage
Type
EditBillBody
Clause
1
Baroness Bowles of Berkhamsted
Amendment #10908#10908Not movedAmends text
Amendment text
after “adjustments” insert “, including omissions,”
Stage
Committee stage
Type
EditBillBody
Clause
1
Baroness Bowles of Berkhamsted
Amendment #10909#10909WithdrawnAmends text
Amendment text
leave out “, or any of the provisions,”
Stage
Committee stage
Type
EditBillBody
Clause
1
Baroness Bowles of Berkhamsted
Amendment #10910#10910WithdrawnAmends text
Amendment text
leave out “or” and insert “and”
Stage
Committee stage
Type
EditBillBody
Clause
1
Baroness Bowles of Berkhamsted
Amendment #10915#10915Not movedAmends text
Amendment text
leave out “year following that year” and insert “following six month period”
Stage
Committee stage
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Clause
1
Lord Hodgson of Astley Abbotts
Amendment #10916#10916Not movedAmends text
Amendment text
at end insert “, and
the reasons why the powers described in paragraph (a) were used in the period under review or why it is proposed that they be used in the following six month period”
Stage
Committee stage
Type
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Clause
1
Lord Hodgson of Astley Abbotts
Amendment #10917#10917Not movedAmends text
Amendment text
leave out “, in the year beginning with exit day, and”
Stage
Committee stage
Type
EditBillBody
Clause
1
Lord Hodgson of Astley Abbotts
Amendment #10918#10918WithdrawnAmends text
Amendment text
leave out “April 2020” and insert “October 2019, and at six monthly intervals thereafter until the end of the period specified in subsection (5),”
Stage
Committee stage
Type
EditBillBody
Clause
1
Lord Hodgson of Astley Abbotts
Amendment #10944#10944Not movedAmends text
Amendment text
leave out “including (in particular)” and insert “limited to”
Stage
Committee stage
Type
EditBillBody
Clause
1
Lord Davies of Oldham
Amendment #10953#10953Not movedAmends text
Amendment text
leave out “apply” and insert “applies”
Stage
Committee stage
Type
EditBillBody
Clause
1
Lord Tunnicliffe
Amendment #10954#10954WithdrawnAmends text
Amendment text
leave out “8(5) and (7)” and insert “8(7)”
Stage
Committee stage
Type
EditBillBody
Clause
1
Lord Tunnicliffe
Amendment #10955#10955Not movedAmends text
Amendment text
at end insert—
Regulations made under subsection (1) shall be limited to preventing, remedying or mitigating deficiencies in retained EU law and shall not make policy changes other than to reflect the United Kingdom’s new position outside the EU and to smooth transition to this situation.”
Stage
Committee stage
Type
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Clause
1
Lord Tunnicliffe
Amendment #10956#10956Not movedAmends text
Amendment text
at end insert—
Both reports prepared and published under subsections (8) and (9) must include a table setting out which provisions of the specified EU financial services legislation have been transposed into domestic legislation and under which statutory instruments.”
Stage
Committee stage
Type
EditBillBody
Clause
1
Baroness Bowles of Berkhamsted
Amendment #10961#10961WithdrawnAmends text
Amendment text
at end insert—
But no adjustment may be made under subsection (1)(b) that jeopardises potential equivalence with the EU.”
Stage
Committee stage
Type
EditBillBody
Clause
1
Baroness Bowles of Berkhamsted
Amendment #10962#10962Not movedAmends text
Amendment text
after “legislation” insert “, and
which does not significantly alter or expand or run contrary to the primary purposes of the specified legislation”
Stage
Committee stage
Type
EditBillBody
Clause
1
Lord Sharkey
Amendment #10963#10963WithdrawnAmends text
Amendment text
at end insert—
It is an objective of the Treasury, in exercising its powers under this Act, to ensure—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
EditBillBody
Clause
1
Lord Leigh of Hurley
Amendment #10964#10964Not movedAmends text
Amendment text
leave out “their” and insert “the”
Stage
Committee stage
Type
EditBillBody
Clause
1
Lord Adonis
Amendment #10965#10965Not movedAmends text
Amendment text
after “Treasury” insert “and (separately) the Bank of England”
Stage
Committee stage
Type
EditBillBody
Clause
1
Lord Adonis
Amendment #10966#10966WithdrawnAmends text
Amendment text
at end insert “and has been reported on by the House of Commons Treasury Select Committee and the House of Lords Secondary Legislation Scrutiny Committee, or any other committee charged by the relevant House with fulfilling a similar function”
Stage
Committee stage
Type
EditBillBody
Clause
1
Lord Adonis
Amendment #10967#10967Not movedAmends text
Amendment text
after “Treasury” insert “and (separately) the Bank of England”
Stage
Committee stage
Type
EditBillBody
Clause
1
Lord Adonis
Amendment #11070#11070AgreedAmends text
Amendment text
leave out subsections (8) and (9) and insert—
For the purposes of subsection (9)—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Report stage
Type
EditBillBody
Clause
1
Lord Bates
Amendment #11071#11071AgreedAmends text
Amendment text
at end insert “, and
that draft was laid more than 1 month after the Treasury published a document (which may be one published before the passing of this Act)—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Report stage
Type
EditBillBody
Clause
1
Lord Bates
Amendment #11072#11072AgreedAmends text
Amendment text
after “unless” insert “—
Stage
Report stage
Type
EditBillBody
Clause
1
Lord Bates
Amendment #11073#11073AgreedAmends text
Amendment text
leave out from “appropriate” to end of line 11 and insert—
In subsection (1)(b) “adjustments”—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Report stage
Type
EditBillBody
Clause
1
Lord Bates
Amendment #11074#11074WithdrawnAmends text
Amendment text
In subsection (1A)(b), leave out “major” and insert “significant”
Stage
Report stage
Type
EditBillBody
Clause
1
Lord Davies of Oldham

Schedule 1 1

Amendment #11069#11069AgreedAmends text
Amendment text
at end insert—
The European Commission’s proposal of 24 May 2018 for a Regulation of the European Parliament and of the Council on the establishment of a framework to facilitate sustainable investment.
Stage
Report stage
Type
EditBillBody
Schedule
1
Lord Bates