The harm done by reckless and dishonest behaviour in the financial services industry earlier this century has been enormous. Many people suffered terribly as a result, and still live with the consequences. I am mindful, in particular, of those who lost their homes in the tracker mortgage scandal. Against that background, it is understandable that people would be angry and focused on the need to punish those responsible. This legislation will ensure that, should similar wrongdoing occur in the future, it can and will be punished appropriately.