Financial Services Bill

AMENDMENTS
TO BE MOVED
IN COMMITTEE
OF THE WHOLE HOUSE
[Supplementary to the Third Marshalled List]

Clause 5

LORD LUCAS

 

Page 16, line 43, at end insert—

“( ) The general principle that consumers should have to give informed consent to the use of their personal data by a regulated financial institution, and in particular to the transfer of such data into or out of such an institution when that institution is part of a group of companies whether that group is a qualifying parent undertaking or not, and that it should be possible for such informed consent to be easily and effectively withdrawn.”

BARONESS KRAMER

LORD SHARKEY

 

Page 17, line 18, at end insert—

“( ) the protection of retail banking divisions of regulated financial enterprises from any unfair allocation of any provisions for any penalties arising from unfair manipulation of the LIBOR market.”

Prepared 16th July 2012