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UK Parliament

Financial institutions

Financial institutions news from UK Parliament.

How to stop the UK being abused as a global cash laundromat?

MPs on the Business and Trade Sub-Committee on Economic Security, Arms and Export Controls will hear evidence on efforts to clamp down on the criminal abuse of the UK’s register of companies

Failings in FCA proposals to publish enforcement investigations highlighted by Committee report

Financial Services Regulation Committee publishes its report ‘Naming and shaming: how not to regulate’.

06 February 2025

Corporate profit shifting discussed in the Lords

Members debate tax implications of companies shifting to low and zero-tax jurisdictions. Catch up

31 January 2025

Economic growth up for Lords debate

Members debate criteria for financial improvement for the UK. Catch up

24 January 2025

Bank of England Governor faces questions from MPs for the first time since general election

The Treasury Committee will question the Bank of England Governor and members of the Monetary Policy Committee (MPC) at 10.15 next Tuesday. The session will focus on the Bank’s most recent Monetary Policy Report and the recent decision to reduce the Bank Rate by 0.25 percentage points to 4.75%.

15 November 2024

Reappointment of the Financial Services Regulation Committee and reopening of its inquiries

Financial Services Regulation Committee reopens calls for evidence

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.

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

Lords debates Spring Budget

Members discuss UK economic situation following Chancellor of the Exchequer's statement on 6 March.

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

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

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

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