Was the Minister talking about retail deposits, as I believe my noble friend Lord Lawson has interpreted him saying, or, as the legislation seems to me to say, about deposit-taking more widely? Deposit-taking is not confined to retail banking on ring-fenced operations. Deposit-taking occurs across the whole range of banking activities, as far as I am aware. Will he clarify to what kinds of activity he intend this to apply?
Financial Services (Banking Reform) Bill
Proceeding contribution from
Baroness Noakes
(Conservative)
in the House of Lords on Tuesday, 15 October 2013.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Financial Services (Banking Reform) Bill.
About this proceeding contribution
Reference
748 c404Session
2013-14Chamber / Committee
House of Lords chamberSubjects
Librarians' tools
Timestamp
2013-12-20 04:30:44 +0000
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