Tuesday 7 February 2012

UK: Financial Services Bill - Second Reading in the House of Commons

The Financial Services Bill received its Second Reading in the House of Commons yesterday. This provided the opportunity for Parliamentary debate of the main principles of the Bill before more detailed consideration in Committee. Other motions were passed in respect of the Bill, including a carry over motion to permit the Bill to be carried over into the next session of Parliament and a programme motion under which it was agreed that proceedings in Committee should conclude on 20 March 2012 (if not already concluded). Hansard, the record of debate, is available here. The debate can be watched here. The Bill has been the subject of a recently published House of Commons Library research paper: see here (pdf).

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