UK Parliament / Open data

Bank of England and Financial Services Bill [Lords]

I am sure that there will always be people who are opposed to what I am trying to do. That is the nature of society—we live in an open society in which people have different points of view on many issues. The fourth money laundering directive should be about capturing bad people in its scope, not capturing all people. If everyone is thought of as bad, it is very difficult to identify who is actually breaking the law. We want to go after the law breakers, not those people who, by accident, are described or identified as PEPs by banks in this country.

Type
Proceeding contribution
Reference
608 c843 
Session
2015-16
Chamber / Committee
House of Commons chamber
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