UK Parliament · Public Bill · No. 2508
Financial Services Duty of Care Bill [HL]
[As Introduced]
A
BILL
to
This bill creates a new legal duty requiring financial services companies to actively look after their customers' interests, not just follow the minimum rules. It aims to give people stronger legal protection if a bank, investment firm or lender treats them unfairly, making it easier to take action and claim compensation.
Presented by Lord Sharkey.
PrivateLords1st reading
Official Ballot · Open Govt
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The people's count45 votes
67% Aye · 3033% No · 15
MPs' voteNot yet divided
MPs have not voted on this bill yet.
Bill passage
Lords
- 1st reading29 Oct 2019
- 2nd reading