UK Parliament / Open data

Financial Services (Banking Reform) Bill

Those measures are a step in the right direction, but they will also catch the legitimate people, rather than focusing on those who have done wrong. There will be no means of clawing back from wrongdoers. Let us take the example of Sir James Crosby. To what extent would he face retrospective clawback? He is long gone, and he has taken the money.

Type
Proceeding contribution
Reference
560 c113 
Session
2012-13
Chamber / Committee
House of Commons chamber
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