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Proceeding contribution from Jim Shannon (Democratic Unionist Party) in the House of Commons on Wednesday, 25 October 2023. It occurred during Debate on bill on Economic Crime and Corporate Transparency Bill.


Economic Crime and Corporate Transparency Bill

The reason I asked the question is quite specific, although it might not necessarily relate to the issue directly. The Minister refers to banks. A number of local organisations and community groups back home, which are registered and constituted as community institutions, have had their bank accounts closed. Banks have closed their accounts down because they say they are non-profitable. Is it right that banks should be able to do that? I know the Minister understands the matter—

1 pm


Secondary information

Type
Proceeding contribution
Reference
738 c840 
Session
2022-23
Chamber / Committee
House of Commons chamber
Subjects
Accountability Companies Civil proceedings Fraud Enforcement Legal costs Foreign companies Partnerships Registration Small businesses Economic crime
Legislation
Economic Crime and Corporate Transparency Bill 2022-23
Link
View this Proceeding contribution on hansard.parliament.uk