Clause 171
Banking Bill
11:45 am
David Gauke (Shadow Minister, Treasury; South West Hertfordshire, Conservative)
I am sorry; I meant when we come to clause 174 on principles and clause 175 on codes of practice.
Even though recognition may apply under paragraphs (a) or (b), the application of the rules and principles is likely to be tougher for those entities where there is a systemic risk under paragraph (a) than those under paragraph (b).