Baroness Fox of Buckley (Non-Afl)

My Lords, throughout Committee, concerns were raised about the amount of information-gathering power the state will have, particularly the relationship between banks and the information that could be gained. I cannot emphasise enough the plea that these amendments make, particularly Amendment 3: that it is important when such power is being accrued that we do not forget very important principles such as “innocent until proven guilty”. There is no doubt that if you have information that suggests that somebody could be guilty of fraud, that does not make them guilty. Unless there is a constant reminder that they are being investigated or information is being gathered, they will potentially be subject not only to stigmatised attitudes but to debanking measures and discriminatory actions, as we have just heard. I really hope the Minister can reassure us that we are not going to be glib about the impact of the powers the Bill accrues to the state, which could destroy innocent people’s lives. That might not be the Government’s intention, but it could be an unintended consequence. Therefore, this amendment is very important, and we need guidance or reassurance, or to hear the ways in which this could be dealt with.