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Exact(32)
See further provisions concerning Fellows, Miscellaneous Regulations.
Our view is that... any further provisions are limited".
In sections 18 and 19 are further provisions as to penalties.
It also made reference to a UK court case regarding PPI, which could lead to further provisions.
Mr Morzaria would not be specific about who these clients might be, or whether there could be further provisions.
He warned that further "legacy" issues meant it had to make further provisions, which in total reached £1.1bn in its first-half results.
Similar(28)
"Those steps might include further provision of assistance, given the circumstances in North Korea," he said, without elaborating.
The report acknowledged the need to explore pitches for further provision in the Riverside, Butetown and Grangetown areas where the need is at its highest.
Further, provision of remedies for denial of rights to some persons is essential to realization of these rights for all persons.
Profits were also boosted by the lack of any further provision for payment protection insurance compensation, which has cost the bank £12bn since 2011, and a fall in bad debt charges which were just £177m, down by 59%.
Lloyds has set aside more than £13bn to tackle PPI claims - half the entire industry's bill of £26bn - and Ian Gordon, analyst at investment bank Investec, estimated that Lloyds alone could face a further provision of at least £1.5bn.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com