M

Member

Speaking in the House of Lords on 4 November 2024

Debate

Bank Resolution (Recapitalisation) Bill [HL]

Contribution

There is also the question of the tail. In my amendment as drafted, that would stay on the books of the failed institution for ever, even if two years later it was bought by another bank. Again, I believe that could be fixed, but fixing those things could become very complicated. So I am not going to press Amendment 15, but I hope the Minister will keep this problem in mind and keep it under review.

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