I think the hon. Lady is misunderstanding the intentions of each bit of legislative change. The primary purpose of this measure is to change bankers’ behaviour. It is not primarily to protect banks from being brought down. That task lies with ring-fencing and a range of other proposals, particularly with all the structures being constructed around bail-in and resolution. It does not lie with the criminal offence.
Financial Services (Banking Reform) Bill
Proceeding contribution from
Lord Tyrie
(Conservative)
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 c273 
Session
2013-14
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2017-03-22 16:04:56 +0000
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