Charities: Banking Services Debate
Full Debate: Read Full DebateViscount Goschen
Main Page: Viscount Goschen (Conservative - Life peer)Department Debates - View all Viscount Goschen's debates with the Ministry of Housing, Communities and Local Government
(6 days, 8 hours ago)
Lords Chamber
Lord Lemos (Lab)
No, I do not think that is what we are suggesting. We are suggesting that the banks must act proportionately and in a risk-based way. I think the noble Baroness knows that there are issues, not just in the Muslim community, of which charities must be vigilant, involving financial crime, money laundering and so on. We would not want to stop banks doing that, but of course we would strongly oppose any idea that that targets any specific community.
Do charities that have a politically exposed person such as a Member of Parliament or, indeed, a Member of your Lordships’ House on the board as a trustee face additional complications in gaining banking services?
Lord Lemos (Lab)
That does not sound right to me. I do not know the answer to that question, but I will make sure my noble friend Lord Pitt-Watson writes to the noble Viscount.