Financial institutions
Financial institutions news from UK Parliament.
Reappointment of the Financial Services Regulation Committee and reopening of its inquiries
Financial Services Regulation Committee reopens calls for evidence
05 August 2024
Committee examining FCA consultation CP24/2 on publicising enforcement investigations
In February 2024 the Financial Conduct Authority (FCA) published consultation paper CP24/2: Our Enforcement Guide and publicising enforcement investigations—a new approach.
The Financial Services Regulation Committee is taking evidence on the FCA’s consultation paper.
09 May 2024
Inquiry into FCA and PRA secondary growth and competitiveness objective
The Financial Services Regulation Committee is launching an inquiry into the secondary international competitiveness and growth objective given to the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) under the Financial Services and Markets Act 2023
08 May 2024
Lords debates Spring Budget
Members discuss UK economic situation following Chancellor of the Exchequer's statement on 6 March.
19 March 2024
Reforms needed to improve the Bank of England’s performance and accountability, says new Lords report
Economic Affairs Committee publishes its report 'Making an independent Bank of England work better'.
27 November 2023
Economic Crime and Corporate Transparency Bill completes parliamentary scrutiny
Members discuss small businesses and trail costs as anti-fraud bill set to become law. Catch up
26 October 2023
Lords debates growth rate of UK economy
Members discuss the rate of core inflation and the necessity of increasing productivity. Catch up
30 June 2023
Bank of England Chief Economist responds to Treasury Committee on inflation forecasts and modelling
Bank of England Chief Economist responds to Treasury Committee on inflation forecasts and modelling
29 June 2023
Treasury Committee expands savings rates campaign with letters to Nationwide, Santander, TSB and Virgin Money
Treasury Committee widens its campaign for banks to increase the savings rates offered to loyal customers
10 May 2023
UK’s biggest banks respond to Treasury Committee on savings rates
Treasury Committee publishes responses from the UK’s biggest high street banks and writes to the financial regulator on low savings rates
22 March 2023
Lords debates Spring Budget
Members discuss economic situation following Chancellor of the Exchequer's statement. Catch up
17 March 2023
UK Infrastructure Bank Bill completes passage through Parliament
Members discuss Commons changes on support for water companies. Catch up
15 March 2023
The Bank of England: how is independence working? Economic Affairs Committee launches inquiry
Economic Affairs Committee launches inquiry into how the independence of the Bank of England is working.
03 March 2023
Leveraged LDI strategies worsened September 2022 financial turmoil
The Industry and Regulators Committee has criticised the use of leveraged liability-driven investment (LDI) strategies by defined benefit (DB) pension funds
07 February 2023
MPs launch inquiry on impact of Bank of England’s quantitative tightening
MPs launch inquiry on impact of Bank of England’s quantitative tightening
02 February 2023