UK Parliament / Open data

Bank of England and Financial Services Bill [HL]

That is not exclusive. Elsewhere, there is still a duty of responsibility. There is still personal culpability where it can be proved, but there are many people to whom it does not apply—senior people—and, there, you will need to have recourse to the duty of responsibility to secure a “conviction”—that is, proof of regulatory breach.

Type
Proceeding contribution
Reference
767 c2028 
Session
2015-16
Chamber / Committee
House of Lords chamber
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