Financial Services Bill
The Financial Services Bill was introduced to Parliament on 21 October 2020.
The Financial Services Bill will ensure the UK’s regulatory framework continues to function effectively for the UK after leaving the EU. It is an important first step in taking responsibility for our financial services regulation, ensuring that the UK maintains the highest regulatory standards and remains an open and dynamic global financial centre.
The Bill will:
- enhance the UK’s world-leading prudential standards and promote financial stability
- promote openness between the UK and international markets
- maintain an effective financial services regulatory framework and sound capital markets
Documents related to the Financial Services Bill can be found on the Parliament website.
Documents
Updates to this page
Published 11 March 2020Last updated 21 October 2020 + show all updates
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Collection page text updated. Updated with page: Amendments to the Benchmarks Regulation to support LIBOR transition.
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Added: Prudential standards in the Financial Services Bill: June Update.
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First published.