Financial Services and Markets Bill
3:45 pm
Lord Bach (Government Whip (technically a Lord in Waiting, HM Household); Labour)
The intention behind the provision is to avoid, as far as possible, the use of the criminal law in this part of the Bill. Therefore, contempt proceedings, which are civil but also often apply in criminal cases, are thought to be a more appropriate way to deal with the issue. I do not believe that that is the only example in the Bill.