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House of Lords Economic Affairs Committee
I was invited to Parliament to give evidence to the House of Lords Economic Affairs committee on the subject of Central Bank Digital Currencies (CBDCs), along with Stephen Bonner, Executive Director, Regulatory Futures and Innovation at the Information Commissioner's Office (ICO) and Andrew Cregan, Head of Finance Policy, British Retail Consortium (BRC). What an interesting afternoon out!
The session was recorded and if you are curious about the subject of CBDCs — and in particular the issue of privacy — you can see it here. The Lords present were:
Chair: [Michael Bruce Forsyth, Baron Forsyth of Drumlean, PC (born 16 October 1954) is a British financier and Conservative politician, who was MP for Stirling from 1983 to 1997 and served in the cabinet of John Major as Secretary of State for Scotland from 1995 to 1997.
He is Chairman of Secure Trust Bank, and a Director of J&J Denholm and of Denholm Logistics Ltd. He was a director and Chairman of Hyperion Insurance Group until its merger with RKH Group in 2015. A former Deputy Chairman of JPMorgan UK and Evercore Partners International, he was knighted in 1997 and appointed to the House of Lords in 1999. He is President of the Steamboat Association of Great Britain .
John Stephen Monks, Baron Monks (born 5 August 1945) is a Labour Co-operative member of the House of Lords and former trade unionist leader, who served as the General Secretary of the Trades Union Congress (TUC) in the UK from 1993 until 2003. He also served as the General Secretary of the European Trade Union Confederation (ETUC) from 2007 until 2011, having been made a Life peer in 2010.
James George Robert Bridges, Baron Bridges of Headley, MBE (born 15 July 1970) is a politician. He served as Parliamentary Under-Secretary of State at the Department for Exiting the European Union.
Christopher Francis Fox (Chris Fox) (born 27 September 1957) is a British Liberal Democrat politician. He was made life peer as Baron Fox, of Leominster in the County of Herefordshire , on 11 September 2014. As of June 2017 he was appointed Liberal Democrat Lords Spokesperson for Business, Energy and Industrial Strategy in the House of Lords.
Nicholas Herbert Stern, Baron Stern of Brentford, CH Kt FRS FBA FAcSS (born 22 April 1946) is a British economist and academic. He is IG Patel Professor of Economics and Government and Chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics (LSE), and 2010 Professor of Collège de France . From 2013–2017, he was President of the British Academy .
