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Financial Institutions (Reform) Bill

A Bill to enforce strict liability on directors of financial institutions; to require directors of financial institutions to post personal bonds as additional bank capital; to require personal bonds and bonuses to be treated as additional bank capital; to make provision for the insolvency of financial institutions; to establish a financial crimes investigation unit; and for connected purposes

Status: In Progress

Current House: Commons

Stage: 1st reading

Sponsored by: Steve Baker

Introduced: 2012-02-29