If I were a senior banker to whom this law applied, what would affect my decision on whether to behave recklessly? Would it be the thought, “If I do this, there’s a risk my bank and the whole financial system will crash around my ears and I will be seen as personally responsible”, or would it be the possibility of being prosecuted under this new legislation?
Financial Services (Banking Reform) Bill
Proceeding contribution from
Emily Thornberry
(Labour)
in the House of Commons on Wednesday, 11 December 2013.
It occurred during Debate on bills on Financial Services (Banking Reform) Bill.
Type
Proceeding contribution
Reference
572 c253
Session
2013-14
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2017-03-22 16:04:55 +0000
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