Moved by
Lord Brennan
26: Clause 15, page 28, leave out lines 4 to 7 and insert—
“(b) those aspects involve, or might involve, a risk of—
(i) serious consequences for the authorised person,
(ii) serious consequences for business or other interests in the United Kingdom, or
(iii) conduct or omissions by or on behalf of an authorised person otherwise than in accordance with the requirements of a relevant financial scheme giving rise to criminal liability.”