Financial Services (Banking Reform) Act 2013
Progress of the Bill
Bill started in the House of Commons
- House of Commons
- House of Lords
- Royal Assent
- Royal Assent 18 December, 2013 | 18.12.2013
Act of Parliament
|Financial Services (Banking Reform) Act 2013 c.33||18.12.2013|
Latest news on the Financial Services (Banking Reform) Act 2013
Following agreement by both Houses on the text of the Bill it received Royal Assent on 18 December. The Bill is now an Act of Parliament (law).
Summary of the Financial Services (Banking Reform) Act 2013To make further provision about banking and other financial services, including provision about the Financial Services Compensation Scheme; to make provision for the amounts owed in respect of certain deposits to be treated as a preferential debt on insolvency; to make provision about the accounts of the Bank of England and its wholly owned subsidiaries; and for connected purposes.
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