Financial Institutions (Reform) Bill
In progressCurrently at: 2nd reading in the Commons.
Originated in CommonsUpdated 2 May 2012
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Long title
A Bill to enforce strict liability on directors of financial institutions; to require directors of financial institutions to post personal bonds as additional bank capital; to require personal bonds and bonuses to be treated as additional bank capital; to make provision for the insolvency of financial institutions; to establish a financial crimes investigation unit; and for connected purposes
Progress through Parliament
- 1st reading· Commons
29 February 2012 – 29 February 2012
- 2nd reading· Commons
Source: UK Parliament Bills API. Bill ID: 963.