Banking Reform

Part of Backbench Business — [11th allotted day] – in the House of Commons at 5:18 pm on 29th November 2010.

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Photo of Charlie Elphicke Charlie Elphicke Conservative, Dover 5:18 pm, 29th November 2010

Is the hon. Gentleman aware that Basel III also seems to introduce an incentive for increased invoice discounting and trade factoring, and is that not slightly undesirable?