Holding regulators to account: Parliament and the Financial Services and Markets Bill

Events / Spaces

Holding regulators to account: Parliament and the Financial Services and Markets Bill

31 Aug 2022

If regulators gain new powers laid out in the Financial Services and Markets Bill, how can Parliament hold them to account? Listen to our research team discuss this and more on Twitter Spaces.

[Ended] 12pm, Wednesday 31 August

Listen again

About this event

The Financial Services and Markets Bill is scheduled for its Second Reading on Wednesday 7 September. To help you understand the Bill's approach to delegated powers and Retained EU Law (REUL), the Hansard Society research team held a free Twitter Space covering a number of key questions, including:

What are the Government's proposals for modifying and revoking Retained EU Law relating to financial services?
How can Parliament hold financial services regulators to account given the new powers laid out in the Bill?
How does the Bill fit within the wider delegated legislation system?

Latest / Highlights

News / Assisted dying bill: How could the Parliament Act be used? - Parliament Matters podcast, Episode 128

As the assisted dying bill grinds through the House of Lords under the weight of more than a thousand amendments, Lord Falconer has signalled that time is running out. With the Bill unlikely to complete its Lords stages this Session, he has openly raised the possibility of using the Parliament Act to override the upper House in the next Session. In this episode we explore what that would mean, how it could work in practice, and the political choices now facing ministers and Parliament. Listen and subscribe: Apple Podcasts · Spotify · Acast · YouTube · Other apps · RSS

News / Parliament Matters Bulletin: What’s coming up in Parliament this week? 26-30 January 2026

MPs will debate the Armed Forces Bill, the Finance Bill, and the Railways Bills and legislation to prioritise UK medical students for training places will be fast-tracked through all its Commons stages in one day. Cabinet members Rachel Reeves, Pat McFadden and Peter Kyle will face oral questions. The Conservatives will select the subject of Wednesday’s Opposition Day debate. In the Lords, the Children’s Wellbeing and Schools Bill, Crime and Policing Bill, Pension Schemes Bill, English Devolution Bill, and Assisted Dying Bill will make further progress, and Peers will debate a UK–EU customs union. Both Houses will mark Holocaust Memorial Day. The Defence Secretary, the Security Minister and the Prime Minister’s Chief Secretary face Select Committee hearings. Committees will also take evidence on digital ID and the UK’s relationship with the United States.

News / Should MPs who switch parties be forced to face a by-election? - Parliament Matters podcast, Episode 127

In this episode, we ask whether MPs who switch parties should be forced to face a by-election – and what this month’s spate of defections says about representation, party power and voter consent. We also unpick a dizzying week in British and global politics as “hurricane Trump” batters the post-war order, testing the UK-US alliance and raising awkward questions about NATO, defence spending and procurement. Plus: the Lords’ push for an under-16s social media ban, Chagos ping-pong, and stalled bills in Westminster. Listen and subscribe: Apple Podcasts · Spotify · Acast · YouTube · Other apps · RSS

News / Who really sets MPs’ pay – And why you might be wrong about it. A conversation with Richard Lloyd, chair of IPSA - Parliament Matters podcast, Episode 126

What are MPs actually paid and what does the public fund to help them do their job? In this conversation with Richard Lloyd, chair of the Independent Parliamentary Standards Authority (IPSA) we explore the delicate balance between supporting MPs to do their jobs effectively and enforcing strict standards on the use of public money. We discuss how IPSA has shifted from a rule-heavy “traffic cop” to a principles-based regulator, why compliance is now very high, and the security risks and pressures facing MPs‘ offices as workloads rise and abuse becomes more common. Listen and subscribe: Apple Podcasts | Spotify | ACAST | YouTube | Other apps | RSS

News / Is being Prime Minister an impossible job? - Parliament Matters podcast, Episode 121

Why do UK Prime Ministers seem to burn out so quickly? We are joined by historian Robert Saunders to examine why the role has become so punishing in recent years. From Brexit and COVID to fractured parties, rigid governing conventions and relentless media scrutiny, the discussion explores what has gone wrong – and what kind of leadership and political culture might be needed to make the job survivable again.