"My Lords, can I add one word? In my experience in dealing with a large number of offences where corporations were responsible, it is only fines—and fines of a substantial amount—that have any real effect. The fines in this Bill are modest, in my view. I hope everyone will realise …..." Lord Thomas of Cwmgiedd - View Speech
"My Lords, I shall make a few brief remarks in support of the Government. I declare an interest as chairman of the Financial Markets Law Committee, which issued a paper about two years ago now to try to explain the very complicated problems. This would be an easy matter to …..." Lord Thomas of Cwmgiedd - View Speech
"Before the noble Lord sits down, can I ask him a question? The instrument says, “on the law”. We know that English law operates so that there are some obligations that are performable only by His Majesty’s Government, and other obligations that are accorded only into domestic law. He surely …..." Lord Thomas of Cwmgiedd - View Speech