UK Parliament · Public Bill · No. 1703
Bank of England and Financial Services Act 2016
[As Introduced]
A
BILL
to
This Act strengthens the Bank of England's ability to regulate and supervise banks and financial companies in the UK. It aims to make the financial system safer and more stable by giving regulators better tools to monitor banks and reduce the chances of another major financial crisis.
Presented by Lord Bridges of Headley
supported by Harriett Baldwin.
supported by Harriett Baldwin.
✓ Passed into lawPublicLords
Official Ballot · The People's Chamber
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The people's count15 votes
100% Aye · 150% No · 0
MPs' vote535 MPs
56% Ayes · 29844% Noes · 237
The democratic gap
44% , a wide gap
Bill passage
Commons
- 1st reading19 Jan 2016
- 2nd reading1 Feb 2016
- Committee stage9 Feb 2016
- Report stage19 Apr 2016
- 3rd reading19 Apr 2016
Lords
- 1st reading14 Oct 2015
- 2nd reading26 Oct 2015
- Committee stage9 Nov 2015
- Report stage15 Dec 2015
- 3rd reading19 Jan 2016
Royal Assent4 May 2016