Lord Vaux of Harrowden

Crossbench Peer

Recent appearances

  • Banks: Fraud Prevention - Question 20 May 2019

    My Lords, are we not getting this the wrong way round? All, or most, frauds have one thing in common: the money is received and processed by another bank account, usually in the UK. Should we not make the receiving bank—the bank that has handled and processed the stolen money—automatically liable for the loss? If we did, banks would have a real incentive to stop accounts being used by...

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Crossbench Peer

Entered the House of Lords on 11 August 2017

Currently held offices

  • Member, EU Financial Affairs Sub-Committee (since 15 May 2018)

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