Wednesday 10 July 2013

UK: Financial Services (Banking Reform) Bill completes passage in Commons

The Financial Services (Banking Reform) Bill completed the report and third reading stages in the House of Commons earlier this week and now moves to the House of Lords. Hansard, the official record of debate, can be read here (report stage) and here (third reading). At both stages there was criticism and discussion of the extent to which the recommendations of the Parliamentary Commission on Banking Standards were accepted by the Government in its formal response published on Monday.

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