Members
Parliament
Transparency

N. H. Cole Simons

1424
Speeches
165,822
Words Spoken
83
Sittings Active
27 Jul 2018 House of Assembly
Official Hansard Report
37 words
[Microphone turned off] T he technical officers and the Minister have indicated that there is a beneficial owner register and there is a share register. Cole Simons may own 100 shares in Cole Simons’ name at HSBC.
27 Jul 2018 House of Assembly
Official Hansard Report
111 words
Can my name be on the share register at HSBC as a registered shareholder and possibly not be on the beneficial owner [list]? Or should my name be on both of them if it is registered in my name and not a legal person? 2970 27 July 2018 Official Hansard Report Bermuda House of Assembly The Chairman: Okay. Minister, do …
27 Jul 2018 House of Assembly
Official Hansard Report
95 words
So, Mr. Chairman, if I have a listed co mpany or let’s say a company that is on the Bermuda Stock Exchange that is a small company, and Cole Simons owns 25 per cent of that company, will my name automatically be transferred to the other register which is a beneficial owner register? So someone will be monitoring all company …
27 Jul 2018 House of Assembly
Official Hansard Report
10 words
Thank you, Mr. Speaker . [Inaudible interjections and laughter ]
27 Jul 2018 House of Assembly
Official Hansard Report
640 words
I am declaring my interest again, Mr. Speaker . First of all, I would like to get up and say that we on this side support the innovation of Bermuda’s banking system. Mr. Speaker, we also support approaches that will help our customers and the banking community and Bermuda’s market place. Mr. Speaker, a government’s role is to encourage and …
27 Jul 2018 House of Assembly
Official Hansard Report
657 words
I am repeating myself intentionally. They have to meet these requirements based on their risk profile, their business model, and how 2994 27 July 2018 Official Hansard Report Bermuda House of Assembly they can also address stresses within their busines ses, in particular, when it comes to credit, lending, and how they use assets on their bank’s financial stat ement …
27 Jul 2018 House of Assembly
Official Hansard Report
247 words
Mr. Speaker, they believe that, given the risk, given the work involved, given the innovation, given the new technology, they have to carefully scrutinise each application. And, so, Mr. Speaker, I would encour age that we be just as diligent when we process these applications to ensure that we have the best players, and the players that Bermuda will be …
20 Jul 2018 House of Assembly
Official Hansard Report
44 words
Thank you, Mr. Speaker. Given that we spoke about the leases and everything, can the Minister confirm at this point, based on the information that is available to him at this point, whether there are any other pending evi ction notices in this area?
20 Jul 2018 House of Assembly
Official Hansard Report
1 words
Supplementary.
20 Jul 2018 House of Assembly
Official Hansard Report
14 words
Can the Minister confirm what led to the eviction notice for the Bascomes ?
20 Jul 2018 House of Assembly
Official Hansard Report
8 words
Supplementary. So, who made that decision, Mr. Speaker?
20 Jul 2018 House of Assembly
Official Hansard Report
84 words
Thank you, Mr. Speaker. The second paragraph, it says the Ministry is responsible for 617 roads amounting to 225 kilom etres. Mr. Speaker, as you know, we have many, many private es tate roads. And, historically, for them to get done, 50 per cent will be paid by the residents and 50 per cent will be underwritten by the government. …
20 Jul 2018 House of Assembly
Official Hansard Report
6 words
Supplementary for the Mini ster’s comments.
20 Jul 2018 House of Assembly
Official Hansard Report
20 words
I thank him for his comments, and what he sai d makes sense. Is there a budget allocation for that?
20 Jul 2018 House of Assembly
Official Hansard Report
4 words
Second question, Mr. Speaker.
20 Jul 2018 House of Assembly
Official Hansard Report
54 words
Mr. Speaker, we know that mould has been a challenge throughout a lot of these old government buildings. Can the Minister provide details on the overarching mould remediation strateg y that his Government has [in place] to maintain, and improve the health of, most of the government buil dings that are infested with mould?
20 Jul 2018 House of Assembly
Official Hansard Report
4 words
Thank you, Mr. Speaker.
20 Jul 2018 House of Assembly
Official Hansard Report
762 words
Mr. Speaker, in principle, we have no objections, but I find this legislation very i nteresting. Mr. Speaker, the best way to describe it in a nutshell would be “discriminatory.” And why would I say that, Mr. Speaker? Because it appears to me that we are exempting the larger companies, the exempt companies that make a lot of money, and …
20 Jul 2018 House of Assembly
Official Hansard Report
8 words
Thank you, Mr. Speaker. The Spe aker: Yes.
20 Jul 2018 House of Assembly
Official Hansard Report
280 words
Mr. Speaker, as my co lleague has said, we have to make progress. And I support her in that endeavour. But, Mr. Speaker, I do have concerns in regard to our parks and nature reserves. Mr. Speaker, we are under the impress ion and understanding that these vehicles will be used for Hog Bay Park. And I would like for …