Financial Services (Banking Reform) Bill
to be moved
[Supplementary to the Revised Marshalled List]
After Clause 15
LORD LAWSON OF BLABY
Insert the following new Clause—
(1) If the Governor thinks that the way in which banks are lobbying about
regulation or policy is creating a risk to the stability or effective regulation
of the banking sector, the Governor must lay a report before Parliament.
(2) In subsection (1) “lobbying” means activities designed to influence Her
Majesty’s Government, the FCA or the Bank of England.
(3) In this section “bank” has the meaning given by section 2 of the Banking