M

Member

Speaking in the House of Lords on 9 June 2025

Debate

Public Authorities (Fraud, Error and Recovery) Bill

Contribution

I turn to noble Lords’ specific points. We are very live to concerns around debanking and bank reporting requirements. We are working with the banks, HMT and the FCA to develop guidance, which will come forward in due course. This is a live issue that many of us have experienced. Given the nature of some of the concerns that have been raised, obviously, this will be also a point of discussion later in Committee when we get to Part 2 of the Bill.

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