UK Parliament / Open data

Modern Slavery Bill

Proceeding contribution from Steve Barclay (Conservative) in the House of Commons on Tuesday, 4 November 2014. It occurred during Debate on bills on Modern Slavery Bill.

I am sure the Minister is aware that one of the common tactics used by banks when subject to regulatory action is to get rid of middle management, settle with the regulator at the earliest opportunity and profit from the 30% discount as a way of mitigating the fact that they have been caught out by enforcement breaches without actually changing their culture. Is there not a risk of the same thing happening with these injunctions?

Type
Proceeding contribution
Reference
587 c703 
Session
2014-15
Chamber / Committee
House of Commons chamber
Subjects
Back to top