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Financial Services Bill

Government Bill

Originated in the House of Commons, session 2019-21

Bill (6)

Full text of the Bill as introduced and further versions of the Bill as it is reprinted to incorporate amendments (proposals for change) made during its passage through Parliament.

Bill 287 2019-21 (Lords Amendments to the Bill)
21 April 2021
Commons
HL Bill 162 (as introduced)
14 January 2021
Lords
Bill 225 2019-21 (as amended in Committee)
4 December 2020
Commons
Bill 225 2019-21 - (large print)
3 December 2020
Commons
Bill 200 2019-21 (as introduced)
20 October 2020
Commons
Bill 200 2019-21 - (large print)
20 October 2020
Commons

Documents to explain the purpose of the Bill.

Bill 287-EN 2019-21
21 April 2021
Commons
14 January 2021
Lords
Bill 200 EN 2019-21
20 October 2020
Commons
Bill 200 EN 2019-21 - (large print)
20 October 2020
Commons

The Government provide a delegated powers memorandum for all public (including hybrid) bills to justify the delegation of powers, usually to Ministers, in the bill. For reports of the Delegated Powers and Regulatory Reform Committee, see “Select Committee Reports”.

Financial Services Bill: Supplementary Delegated Powers Memorandum
18 March 2021
Lords
Financial Services Bill: Delegated Powers Memorandum
14 January 2021
Lords
Delegated Powers Memorandum from HM Treasury
20 October 2020
Commons

Full list of amendment papers relating to the Bill. Individual amendment papers will be replaced with consolidated lists before the amendments are discussed. Page and line references in amendment papers refer to the PDF version of the Bill.

HL Bill 162-R-III Third marshalled list for Report
14 April 2021
Lords
HL Bill 162-R-II(Rev) Revised second marshalled list for Report
12 April 2021
Lords
HL Bill 162-R-III Provisional third marshalled list for Report (superseded)
9 April 2021
Lords
HL Bill 162-R-II Corrected second marshalled list for Report (superseded)
7 April 2021
Lords
HL Bill 162-R-II Second marshalled list for Report (superseded)
7 April 2021
Lords
HL Bill 162-R-I(c) Amendment for Report
6 April 2021
Lords
HL Bill 162-R-I(b) Amendment for Report
1 April 2021
Lords
HL Bill 162-R-I(a) Amendment for Report
22 March 2021
Lords
HL Bill 162-R-I Marshalled list for Report
19 March 2021
Lords
HL Bill 162-R(e) Amendments for Report
18 March 2021
Lords
HL Bill 162-R(d) Amendments for Report
17 March 2021
Lords
HL Bill 162-R(c) Amendment for Report
16 March 2021
Lords
HL Bill 162-R(b) Amendment for Report
15 March 2021
Lords
HL Bill 162-R(a) Amendment for Report
12 March 2021
Lords
HL Bill 162-VI(Rev) Revised sixth marshalled list for Grand Committee
8 March 2021
Lords
HL Bill 162-VI Provisional sixth marshalled list for Grand Committee
5 March 2021
Lords
HL Bill 162-V Fifth marshalled list for Grand Committee
3 March 2021
Lords
HL Bill 162-IV(Rev) Revised fourth marshalled list for Grand Committee
1 March 2021
Lords
HL Bill 162-IV Provisional fourth marshalled list for Grand Committee
26 February 2021
Lords
HL Bill 162-III Third marshalled list for Grand Committee
24 February 2021
Lords
HL Bill 162-II(Rev) Revised second marshalled list for Grand Committee
22 February 2021
Lords
HL Bill 162-II(a) Amendments for Grand Committee (for Third Marshalled List)
22 February 2021
Lords
HL Bill 162-II Provisional second marshalled list for Grand Committee
19 February 2021
Lords
HL Bill 162-I(a) Amendment for Grand Committee (for Second Marshalled List)
18 February 2021
Lords
HL Bill 162-I Marshalled list for Grand Committee
17 February 2021
Lords
HL Bill 162(l) Amendments for Grand Committee
16 February 2021
Lords
HL Bill 162(k) Amendments for Grand Committee
12 February 2021
Lords
HL Bill 162(j) Amendments for Grand Committee
11 February 2021
Lords
HL Bill 162(i) Amendments for Grand Committee
10 February 2021
Lords
HL Bill 162(h) Amendments for Grand Committee
9 February 2021
Lords
HL Bill 162(g) Amendments for Grand Committee
8 February 2021
Lords
HL Bill 162(f) Amendments for Grand Committee
5 February 2021
Lords
HL Bill 162(e) Amendments for Grand Committee
4 February 2021
Lords
HL Bill 162(d) Amendments for Grand Committee
3 February 2021
Lords
HL Bill 162(c) Amendments for Grand Committee
2 February 2021
Lords
HL Bill 162(b) Amendments for Grand Committee
1 February 2021
Lords
HL Bill 162(a) Amendments for Grand Committee
29 January 2021
Lords
Consideration of Bill Amendments as at 13 January 2021
13 January 2021
Commons
Consideration of Bill Amendments as at 13 January 2021 - (large print)
13 January 2021
Commons
Notices of Amendments as at 11 January 2021
12 January 2021
Commons
Notices of Amendments as at 8 January 2021
11 January 2021
Commons
Notices of Amendments as at 6 January 2021
7 January 2021
Commons
Notices of Amendments as at 30 December 2020
31 December 2020
Commons
Notices of Amendments as at 16 December 2020
17 December 2020
Commons
Public Bill Committee Amendments as at 3 December 2020
3 December 2020
Commons
Notices of Amendments as at 1 December 2020
2 December 2020
Commons
Public Bill Committee Amendments as at 1 December 2020
1 December 2020
Commons
Notices of Amendments as at 26 November 2020
27 November 2020
Commons
Public Bill Committee Amendments as at 26 November 2020
26 November 2020
Commons
Notices of Amendments as at 24 November 2020
25 November 2020
Commons
Public Bill Committee Amendments as at 24 November 2020
24 November 2020
Commons
Notices of Amendments as at 19 November 2020
20 November 2020
Commons
Public Bill Committee Amendments as at 19 November 2020
19 November 2020
Commons
Notices of Amendments as at 17 November 2020
18 November 2020
Commons
Public Bill Committee Amendments as at 17 November 2020
17 November 2020
Commons
Notices of Amendments as at 13 November 2020
16 November 2020
Commons
Notices of Amendments as at 11 November 2020
12 November 2020
Commons

In the House of Commons, amendments are grouped together so that amendments relating to a particular topic or issue are discussed together.

Speaker’s provisional selection and grouping of amendments - 13 January 2021
12 January 2021
Commons
Chairs’ provisional selection and grouping of amendments - 3 December 2020
2 December 2020
Commons
Chairs’ provisional selection and grouping of amendments - 1 December 2020
30 November 2020
Commons
Chairs’ provisional selection and grouping of amendments - 26 November 2020 (revised)
26 November 2020
Commons
Chairs’ provisional selection and grouping of amendments - 24 November 2020
23 November 2020
Commons

Details of proceedings in Public Bill Committee or Committee of the whole House, on any report (consideration) stage, and on any consideration of Lords Amendments or any subsequent Lords Messages. The documents contain the text of amendments considered at each sitting and show whether it was agreed to, negatived (not agreed), not called, not moved or withdrawn.

Report Stage Proceedings as at 13 January 2021
14 January 2021
Commons
All proceedings at Public Bill Committee Stage
4 December 2020
Commons

House of Commons Library and House of Lords Library briefing papers aim to be politically impartial, containing factual information as well as a range of opinions on each subject. Briefing papers on Bills are produced before Second Reading and, in the Commons, after Committee Stage.

Briefing Paper on the Bill
16 December 2020
Commons

The following select committee reports have been identified as relevant to the debate on the Bill.

34th Report of the Delegated Powers and Regulatory Reform Committee
25 January 2021
Lords

Archive of press notices related to the Bill.

Have your say on the Financial Services Bill
10 November 2020
Commons

House of Lords Library Notes aim to be politically impartial and are compiled for Members of Parliament and their staff.

Financial Services Bill: Briefing for Lords Stages
19 January 2021
Lords

The Government human rights memorandum is prepared by the Government to assist the Joint Committee on Human Rights with its scrutiny of the Bill’s human rights implications.

Human Rights Memorandum from HM Treasury for the Bill as brought from the Commons
14 January 2021
Lords
Human Rights Memorandum from HM Treasury
20 October 2020
Commons

Written submissions from outside bodies and individuals are circulated to MPs appointed to examine the Bill during committee stage in a Public Bill Committee. The following written submissions were sent to this committee.

House of Commons Committee stage
Written evidence: Financial Conduct Authority (supplementary) (FSB11)
4 December 2020
Commons
Written evidence: Co-operatives UK (FSB12)
4 December 2020
Commons
Written evidence: StepChange Debt Charity (supplementary) (FSB13)
4 December 2020
Commons
Written evidence: Association of British Insurers (ABI) (supplementary submission from Hugh Savill, Director, re Gibraltar tax differences) (FSB08)
2 December 2020
Commons
Written evidence: Finance Innovation Lab (further submission) (FSB09)
2 December 2020
Commons
Written evidence: Centre for Responsible Credit & Debt Advice Workers (FSB10)
2 December 2020
Commons
Written evidence: Registry Trust Ltd (FSB07)
25 November 2020
Commons
Written evidence: Building Societies Association (BSA) (FSB02)
20 November 2020
Commons
Written evidence: Finance Innovation Lab (FSB03)
20 November 2020
Commons
Written evidence: Revolut (FSB04)
20 November 2020
Commons
Written evidence: Association of British Insurers (ABI) (FSB05)
20 November 2020
Commons
Written evidence: Spotlight on Corruption (FSB06)
20 November 2020
Commons
Written Evidence: StepChange (FSB01)
18 November 2020
Commons

List of related Impact Assessments

Supplementary document to the Impact Assessment
14 January 2021
Lords
Impact Assessment from HM Treasury
20 October 2020

Occasionally questions put to government Ministers during debates on Bills in either the House of Commons or the House of Lords may be answered by the Minister saying 'I will write to the Hon Member'. Such “will write” replies are not published in Hansard but are placed in the Library of the House concerned and published on the Parliamentary website.

Letter from Earl Howe to Baroness Sheehan regarding overseas infrastructure funding, as discussed during the Report stage (first day) of the Bill
9 April 2021
Letter from Earl Howe to Baroness Kramer regarding issues raised in the report stage debate: the Bank of England's Climate Biennial Exploratory Scenario and how it relates to capital requirements for banks
9 April 2021
Letter from Earl Howe to Lord Sikka regarding the relationship between financial statements and prudential regulation, as discussed during the Committee Stage
1 April 2021
Letter from Baroness Penn to Baroness McIntosh regarding issues raised during the Committee Stage (fifth day): the Bank of International Settlements (BIS) study on the activities of bond exchanged traded fund (ETF) managers, trading in GameStop shares, the regulation of short selling
26 March 2021
Letter from Lord True to Lord Stevenson, Lord Lucas and Baroness Coussins regarding the Statutory Debt Repayment Plan (SDRP), as discussed during the Committee Stage (fourth day) of the Bill
23 March 2021
Letter from Earl Howe to Baroness Kramer regarding questions raised in the committee debate: publication of Country-by-Country Reporting
22 March 2021
Letter from Earl Howe to Baroness Kramer regarding an issue raised in the Bill committee debate: requirements of the Ministerial Code in relation to Ministers intervening in Financial Conduct Authority Investigations
22 March 2021
Letter Earl Howe to Lord Sikka regarding an issue raised in the committee debate: 'Sandstorm Report' into the Bank of Credit and Commerce International (BCCI)
22 March 2021
Letter from Earl Howe to Lord Hodgson regarding questions raised in the committee stage debate: the UK's existing equivalence arrangements with the EU
22 March 2021
Letter from Baroness Penn to Lord Holmes regarding issues raised during the Committee Stage of the Bill: artificial intelligence (AI) policy, digital identity, distributed ledger technology, Open Finance
22 March 2021
Letter from Nikhil Rathi, Financial Conduct Authority, to Earl Howe regarding accountability to Parliament and how the regulators consider climate change and green issues
19 March 2021
Letter from Sam Woods, Prudential Regulation Authority, to Earl Howe regarding accountability to Parliament and how the regulators consider climate change and green issues
19 March 2021
Letter from Baroness Penn to Lord Sikka regarding accountancy firms and tax avoidance schemes, as discussed during the Committee Stage (fourth day) of the Bill
10 March 2021
Letter from Baroness Penn to Baroness Bennett regarding whether the Government planned to act on the recommendations of the recent OECD report "Ending the Shell Game", as discussed during the Committee Stage of the Bill
10 March 2021
Letter from Baroness Penn to Baroness Neville-Rolfe regarding the Financial Services Bill committee debate: financial education issues
4 March 2021
Letter from Earl Howe, Deputy Leader of the House of Lords, to Baroness Neville-Rolfe regarding Financial Services Bill committee stage debate: the impacts of Clause 3 of the Bill on EU banks which operate in the UK
3 March 2021
Letter from Earl Howe, Deputy Leader of the House of Lords, to Baroness Altman regarding the Financial Services Bill committee stage debate: the Government's position on the cryptocurrencies, particularly the environmental impacts of cryptocurrency mining and trading, and risks to financial stability
3 March 2021
Letter from Earl Howe to Lord Sharkey, Lord Tunnicliffe and Baroness Bennett regarding clarification to a response about the secondary legislation to revoke parts of the Capital Requirements Regulation (CRR), as discussed during the Committee Stage of the Financial Services Bill
3 March 2021
Letter from Earl Howe to Baroness Sheehan regarding the funding of fossil fuel projects overseas, as discussed during the Committee Stage of the Financial Services Bill
3 March 2021
Letter from Earl Howe to Baroness Sheehan regarding the funding of fossil fuel projects overseas, as discussed during the Committee Stage of the Bill
3 March 2021
Letter from Earl Howe, Deputy Leader of the House of Lords to Baroness Neville-Rolfe regarding the Financial Services Bill committee stage debate: support for smaller financial services firms
2 March 2021
Letter from Earl Howe to Baroness Bennett of Manor Castle regarding how the amount contributed by the financial services sector in tax receipts is calculated, as discussed during the Committee Stage of the Bill
2 March 2021
Letter from John Glen MP to Pat McFadden MP regarding issues raised during the Committee Stage (sixth day): credit rating agencies, risk weightings, leverage ratios
26 November 2020

House of Lords Committee stage
Committee: 2nd sitting (Hansard)
24 February 2021
Lords
Committee: 2nd sitting (Minutes of Proceedings)
24 February 2021
Lords
Committee: 1st sitting (Hansard)
22 February 2021
Lords
Committee: 1st sitting (Minutes of Proceedings)
22 February 2021
Lords
House of Lords 2nd reading
2nd reading (Hansard)
28 January 2021
Lords
2nd reading (Minutes of Proceedings)
28 January 2021
Lords
House of Lords 1st reading
1st reading (Hansard)
14 January 2021
Lords
1st reading (Minutes of Proceedings)
14 January 2021
Lords
House of Commons Report stage
13 January 2021
Commons
House of Commons 3rd reading
13 January 2021
Commons
House of Commons 2nd reading
9 November 2020
Commons
House of Commons Ways and Means resolution
Ways and Means resolution
9 November 2020
Commons
House of Commons Programme motion
Programme motion
9 November 2020
Commons

Full transcripts

House of Commons Committee stage
Committee Debates: compilation pdf of all sittings
7 December 2020
Commons
7 December 2020
Commons
4 December 2020
Commons
2 December 2020
Commons
2 December 2020
Commons
27 November 2020
Commons
27 November 2020
Commons
25 November 2020
Commons
25 November 2020
Commons
20 November 2020
Commons
20 November 2020
Commons
18 November 2020
Commons
18 November 2020
Commons

House of Lords Report stage
19 April 2021
Lords
14 April 2021
Lords
24 March 2021
Lords
House of Lords 3rd reading
19 April 2021
Lords
House of Lords Committee stage
10 March 2021
Lords
8 March 2021
Lords
3 March 2021
Lords
1 March 2021
Lords

House of Lords Report stage
Minutes of Proceedings
19 April 2021
Lords
Minutes of Proceedings
14 April 2021
Lords
Minutes of Proceedings
24 March 2021
Lords
House of Lords 3rd reading
Minutes of Proceedings
19 April 2021
Lords
House of Lords Committee stage
Minutes of Proceedings
10 March 2021
Lords
Minutes of Proceedings
8 March 2021
Lords
Minutes of Proceedings
3 March 2021
Lords
Minutes of Proceedings
1 March 2021
Lords