Perhaps the noble Lord could clarify something. He made it absolutely clear that the FCA note represents government policy. It therefore seems strange that that policy is allowed to be as—shall I say?—ambiguously worded as the FCA note is. It is of concern that it is left that way. Will he commit to write to the FCA before Third Reading to ask it to make anti-money-laundering explicit in the personal responsibility requirements of senior bankers?
Financial Services (Banking Reform) Bill
Proceeding contribution from
Lord Watson of Invergowrie
(Labour)
in the House of Lords on Tuesday, 26 November 2013.
It occurred during Debate on bills on Financial Services (Banking Reform) Bill.
Type
Proceeding contribution
Reference
749 c1358
Session
2013-14
Chamber / Committee
House of Lords chamber
Librarians' tools
Timestamp
2013-12-20 05:20:49 +0000
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