Financial services

This page highlights some of the current parliamentary material available on financial services. This includes select committee reports, briefing papers on current legislation and other subjects produced by the parliamentary research services, and the latest Early Day Motions put down by MPs. For information on banks and other institutions, see financial institutions.

Commons Briefing Papers

02.02.2016Flood insurance
This note outlines issues relating to flood insurance within the UK and the establishment of the Flood Re scheme by the Water Act and subsequent Regulations.
29.01.2016Financial Conduct Authority
A debate on the Financial Conduct Authority (FCA) is to be held on 1 February 2016. This note provides some background to potential issues which may be raised. Further information can be found in another Library Note (CBP-07234)
29.01.2016Household Debt: Key Economic Indicators
Household debt: Data on the latest household debt statistics, including net lending, mortgage interest rates and insolvencies.
28.01.2016Common Financial Services Questions
This Paper looks at a broad range of financial service and financial institution's issues.
28.01.2016The Bank of England and Financial Services Bill [HL]
This paper provides background and commentary on the Bank of England and Financial Services Bill which has its Second Reading in the House of Commons on 1 February 2016.
27.01.2016The Bank of England and Financial Services Bill [HL] Lords stages
This note summarises the debates in the House of Lords on the Bank of England and Financial Services Bill.
19.01.2016Politically Exposed Person's Regime
This note provides a short guide to the politically exposed persons regime within the general anti money laundering rules in the UK.
08.01.2016Mortgage Credit Directive
This note brings together resources on the Mortgage Credit Directive to be introduced in the UK in 2016
07.01.2016Financial Services: European aspects
This Paper brings together recent European Union legislative and regulatory developments in the sphere of financial or corporate regulation. It provides relevant UK context and activity. It also includes a checklist of EU regulations currently being implemented across the EU with links to further information or explanation.
07.01.2016Credit Ratings Agencies Regulation
This note sets out the development of regulation covering credit ratings agencies since the financial crash of 2008.

Lords Library Notes

22.10.2015Bank of England and Financial Services Bill [HL] (HL Bill 65 of 2015-16)
This Library Note provides information in support of the House of Lords consideration of the Bank of England and Financial Services Bill [HL].
15.08.2014The Impact of Personal Indebtedness in United Kingdom Households, Especially on Children
This Library Note was prepared for a debate in the House of Lords on the impact of personal indebtedness in UK households, especially on children, which was scheduled to take place on 17 July 2014, but was postponed to a future date.
06.02.2014Immigration Bill (HL Bill 84 of 2013-14)
This Library Note provides information on the Immigration Bill, which is due for second reading in the House of Lords on 10 February 2014.
19.07.2013Financial Services (Banking Reform) Bill
The Financial Services (Banking Reform) Bill seeks to make a number of changes to the banking and financial services sector. The Bill builds on the recommendations of the Independent Commission on Banking (the Vickers Commission) and the Parliamentary Commission on Banking Standards and follows a series of Acts passed since the financial crisis of 2008, such as the Financial Services Act 2012.
09.11.2012Enterprise and Regulatory Reform Bill (HL Bill 45 of 2012-13)
The Enterprise and Regulatory Reform Bill includes measures for changes to competition policy, to employment law, and for reducing regulation, as well as provisions on the Green Investment Bank, directors' remuneration, copyright and planning. This Library Note provides background reading in advance of the Bill's second reading in the House of Lords.


15.07.2014Big Data and Business
POSTnote exploring how big data is being used by UK companies and the challenges and opportunities it presents.

Select Committee Reports

27.03.2012Towards a financial transaction tax? European Union Select Committee (HL) twenty-ninth report.
European Union Select Committee (HL) report [Lords]
27.02.2012Financial Conduct Authority: report on the Government response.
Government response. Treasury Select Committee report [Commons]
27.01.2012A new approach to financial regulation: securing stability, protecting consumers, including Annexes containing...
Government response. Treasury report [Commons]
09.11.2011Future of cheques.
Government response. Treasury Select Committee; Treasury; Payments Council report [Commons]
18.07.2011Future of cheques.
Treasury Select Committee report [Commons]

Early Day Motions

That this House notes that the European Commission is desperate to save the Euro and is proposing a tax on financial transactions that would raise 50 billion a year; further notes that ...
That this House notes that English investors who took out Bristol andWest permanent interest-bearing shares did so inthe belief that these shares wouldbe treated underEnglish law; regrets ...
That this House welcomes the product intervention powers proposed in the draft Financial Services Bill, which will allow the Financial Conduct Authority to remove financial products ...
That this House regrets that the victims of the failed Christmas hamper and savings company Farepak have not yet received compensation following the company's liquidation in October ...
That this House notes that is currently advertising a typical interest rate of 4214 per cent. and that this is not the only institution offering a similar service; further ...


  • Commons Briefing Papers (CBP) Papers providing in-depth and impartial analysis on every major piece of primary legislation and on other topics of public and parliamentary concern. Regular statistics papers are also published.
  • Early Day Motions (EDMs) - formal motions submitted by MPs in the House of Commons
  • POSTnotes (POST PN) - proactive four-page policy briefings from the Parliamentary Office of Science and Technology based on reviews of the research literature, interviews with stakeholders and peer review, commissioned by the POST Board
  • Lords Library Notes (LLN) - authored publications by the research section of the House of Lords Library that provide analysis of Bills, subjects for debate in the House and other issues of interest to Members.
  • Select Committee Reports - papers produced by all select committees of both Houses