LIBOR (FSA Investigation) Debate

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Nicholas Brown

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EU Council

LIBOR (FSA Investigation)

Nicholas Brown Excerpts

Points of Order
Monday 2nd July 2012

(12 years, 4 months ago)

Commons Chamber
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Nicholas Brown Portrait Mr Nicholas Brown (Newcastle upon Tyne East) (Lab)
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Does the Chancellor identify shortcomings in existing anti-fraud legislation, apart from the costs of pursuing an investigation and a prosecution? Will he confirm to the House that there will be no constraints on either investigation or prosecution costs?

George Osborne Portrait Mr Osborne
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There will be no constraints because of cost.

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