Insolvency Act 1986 (Amendment) Order 2015

My Lords, I thank the noble Lord for his kind words. I very much agree with him about the need for better information, which is why I said that I welcomed the change to the national curriculum. He is also right that the banks need to be responsible. That is why it is good that we have completely reformed and tightened up financial regulation. However, there is a clear case for this important measure and I commend the order to the Committee.