Previously called Standing Committees, Public Bill Commitees study proposed legislation (Bills) in detail, debating each clause and reporting any amendments to the Commons for further debate.
There are at least 16 MPs on a Committee, and the proportion of parties reflects the House of Commons, so the government always has a majority.
[Dr William McCrea in the Chair] Written evidence to be reported to the House FS 01 The Law Society of England and Wales FS 02 Neil Jeffares
‘(1) The Chief Executive of the Financial Services Compensation Scheme shall, within six months of Royal Assent of this Act, publish a review of the protections necessary for customers who...
‘After section 65 of FSMA 2000 insert—
Professional Standards (1) The regulator will raise standards of professionalism in financial services by mandating a licensing regime based on training and competence. This must— (a) apply...
‘At all times when carrying out core activities a ring-fenced body shall— (a) be subject to a fiduciary duty towards its customers in the operation of core services; and (b) be...
‘The Secretary of State will by regulations provide for a requirement that the remuneration consultants advising on remuneration policy shall be appointed by the shareholders of a relevant...
[Dr William McCrea in the Chair]
‘The Secretary of State will by regulations provide for a requirement that the remuneration consultants advising on remuneration policy shall be appointed by the shareholders of a relevant...
‘(1) The Secretary of State shall by order create a new Financial Crime Unit as part of the Serious Fraud Office for the purpose of tackling financial crime, using resources from the...
‘After Part IVA (43B)(f) of the Employment Rights Act 1996 there is inserted— “(g) that a breach of regulated activities under FSMA 2000 or the Financial Services Act 2012 has...
‘(1) The Treasury shall arrange for a review of the obstacles to increasing competition for UK institutions involved in the provision of core services. (2) The review must be completed...
‘(1) Within six months of Royal Assent of this Act the Chancellor of the Exchequer shall lay before Parliament a report considering— (a) the adequacy of the current account...
‘(1) After section 1E(2) of chapter 1 of Part 1A of FSMA 2000 insert— “(3) The FCA shall collate and publish anonymised consumer and business lending data disaggregated by UK...
‘After section 50(3)(f) of the Financial Services Act 2012, insert— “(g) making provision for the increased diversity of the financial services sector and promotion of mutual...
‘(1) The Bank of England must, at least once in every year, prepare an assessment of developments in respect of risk-weighting in relation to banks and building societies. (2) The Bank must...
Committee membership and attendance (out of 2)
Chairpersons
Members
[ Committee memberships can change partway through ]
