United Kingdom · Question · Written question
HL HL6195
Money Laundering
Introduced
10 February 2022
Last action
22 February 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
22 February 2022
Summary
To ask Her Majesty's Government further to the court judgment in R (The Financial Conduct Authority) V National Westminster Bank Plc on 13 December 2021, what plans they have to introduce legislation to enable clawback of remuneration from directors of en
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
10 February 2022
Written question
To ask Her Majesty's Government further to the court judgment in R (The Financial Conduct Authority) V National Westminster Bank Plc on 13 December 2021, what plans they have to introduce legislation to enable clawback of remuneration from directors of en
Source: Lords
22 February 2022
Answer
The Government does not intend to introduce legislation to enable claw back of remuneration from directors of entities found guilty of money laundering. This is because the UK financial services regulators – the Financial Conduct Authority (FCA) and the P...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-02-10/HL6195
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1422177
- uk · wq-1422177 · source updated 22 February 2022