UK Parliament · Public Bill · No. 3326
Financial Services and Markets Act 2023
[As Introduced]
A
BILL
to
This Act updates the laws that control banks, investment companies, and other financial businesses in the UK. It gives regulators (government watchdogs) more power to set rules, protect people's savings, and manage risks in the financial system to make it safer and fairer.
Presented by Nadhim Zahawi
supported by Baroness Penn.
supported by Baroness Penn.
✓ Passed into lawPublicLords
Official Ballot · The People's Chamber
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The people's count17 votes
100% Aye · 170% No · 0
MPs' vote339 MPs
89% Ayes · 30311% Noes · 36
The democratic gap
11% , a moderate gap
Bill passage
Commons
- 1st reading20 Jul 2022
- 2nd reading7 Sept 2022
- Committee stage19 Oct 2022
- Report stage7 Dec 2022
- 3rd reading7 Dec 2022
Lords
- 1st reading8 Dec 2022
- 2nd reading10 Jan 2023
- Committee stage25 Jan 2023
- Report stage6 Jun 2023
- 3rd reading19 Jun 2023
Royal Assent29 Jun 2023