M

Member

Speaking in the House of Lords on 4 November 2024

Debate

Bank Resolution (Recapitalisation) Bill [HL]

Contribution

Overall, this ensures that there are material consequences for senior management when a firm goes into resolution. The Government do not see a strong case to make significant changes beyond these existing requirements, given that this Bill is intended to be a targeted enhancement to the regime and does not in itself justify material changes to conduct regulation.

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