Speeches by Dean.

“One case in 10 years?”

“They knew the direction of travel about a year ago.”

“I just have a final question on the offshore tax gap. I know that you got new powers after the Panama papers in 2017 to issue penalties to enablers. Is it correct that those penalties have never been applied since you have had the opportunity to do that?”

“I have a quick question about timing. When did the Government receive the information for the first time that business rates looked set to go up by 32%?”

“I know that the Government should be publishing their fraud strategy soon. Has HMRC had input into that? What have been your demands of the Government? What do you want to see in that strategy?”

“I can see that Mr Marks wants to come in, but can I just add something before you respond? These reliefs have been stacked up over time. They have been created by different Chancellors over many decades. Companies are able to exploit them in a stackable way. Is there a coherence problem with the volume of reliefs that …”

“Happy new year to you, Mr Speaker, and everybody in the House. To respond briefly to something the shadow Deputy Leader of the House said: I sincerely hope that Arsenal do not win the league. Over Christmas, some people have had the unfortunate experience of finding themselves in their local hospital, and they will hav…”

“The hon. Member is making a really powerful speech. We had representatives from the gambling industry in front of the Treasury Committee recently, and that revealed to me that such stories are not tragic by-products of an industry that is actually okay, but actually part of the business strategy of that industry. The g…”

“I thank the Committee for its work. The hon. Gentleman mentioned the restrictions of international law, but could he explain what evidence the Committee took about the need for international co-operation? It seems evident to me that the nature of subsea cables means that international co-operation is required to protec…”

“The hon. Member is making an excellent contribution to the debate. The Treasury Committee heard evidence last year about the Office of Financial Sanctions Implementation. It appeared to me that it is far too small for the job that it has to do, especially compared with equivalents overseas in the US and Europe. Does he…”

“May I associate myself with the comments made by the Leader of the House about the victims of the Bondi Beach attack? Antisemitism has no place in our society and I am glad that the House is united against hate. Mr Speaker, I join in the well wishes to you and to all the House staff at Christmas time. The Government ha…”

“The Minister mentioned in his statement the £200 million for projects in Grangemouth from the National Wealth Fund. I would like to raise with him a concern that was raised in evidence to the Treasury Committee, which is that the National Wealth Fund has to operate on the riskier end of project proposals because it doe…”

“Three years.”

“You have said a few times this morning, Mr Rathi, that you are waiting on legislation. Do you think it is a good idea that each time Parliament goes back to the legislation and changes it? Would you prefer to have a wider remit so that you could be more responsive to developments?”

“This is a good answer, but I was just wondering about my specific question there. Would you prefer to have a more flexible remit rather than keep waiting for the Government to change things?”

“Could you respond specifically to two elements of feedback about that sample date? One is that that was a period where DCAs were generally in decline because the FCA had already made some indications about there being problems in that area. Secondly, that period includes the covid years. Could you respond to criticism …”

“You mentioned third parties. It made me think about the potential bottleneck for growth in this space of open finance and open banking, because of Apple and Google’s control of mobile phone technologies, near face NFCs and the App Store. Is that something the Government need to tackle around the regulatory issue with A…”

“In your letter about next year, you talked about open finance, and I appreciate you said you will set out your plan later on, but I would like to ask you when we can expect to see more news on open finance and what it could include.”

“I will ask one final broader question rather than get into the specifics. Because you have a specific figure that is one size fits all, would the application of that methodology not let the worst offenders off the hook, the people who are going to be the most divergent from that 17% figure?”

“Thank you. Can I go to a specific bit of feedback about the methodology for redress, and in particular the 17% APR adjustment proposal? Is it correct when people assert that this proposal came about based on a sample of the years 2019 to 2021?”