With this it will be convenient to discuss new clause 22—The culture of the banking industry and prevention of the facilitation of tax evasion—

‘(1) The Secretary of State must undertake a review into the extent to which the banking culture contributes to the failure to prevent the facilitation of tax evasion in the financial sector, and lay a copy of the review before the House of Commons within six months of this Act receiving Royal Assent.

(2) The review must set out what steps the UK Government intends to take to ensure that banking culture is not facilitating tax evasion