That is not exclusive. Elsewhere, there is still a duty of responsibility. There is still personal culpability where it can be proved, but there are many people to whom it does not apply—senior people—and, there, you will need to have recourse to the duty of responsibility to secure a “conviction”—that is, proof of regulatory breach.
Bank of England and Financial Services Bill [HL]
Proceeding contribution from
Lord Turnbull
(Crossbench)
in the House of Lords on Tuesday, 15 December 2015.
It occurred during Debate on bills on Bank of England and Financial Services Bill [HL].
About this proceeding contribution
Reference
767 c2028 Session
2015-16Chamber / Committee
House of Lords chamberSubjects
Librarians' tools
Timestamp
2020-04-28 13:59:55 +0100
URI
http://hansard.intranet.data.parliament.uk/Lords/2015-12-15/15121558000009
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Lords/2015-12-15/15121558000009
In Solr
https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Lords/2015-12-15/15121558000009