M
Member
Speaking in the House of Commons on 24 April 2025
Debate
Bank Resolution (Recapitalisation) Bill [Lords]Contribution
“(2B) The code must include guidance to the Bank of England on the exercise of its functions in relation to building societies to ensure that, in circumstances where the use of a recapitalisation power may result in demutualisation, due consideration is given to the impact of such demutualisation on members and on the mutuals sector.
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