M

Member

Speaking in the House of Lords on 5 September 2024

Debate

Bank Resolution (Recapitalisation) Bill [HL]

Contribution

I hope that the Minister will agree that some way of ensuring that the power is kept wholly or mainly for its original intended use—namely, for small banks—will give the banking sector reassurance that it will be used sparingly. The amendments in this group might not be the right ones, but surely something is needed.

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