Events / Spaces

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

31 Aug 2022
Canary Wharf at dusk

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

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?

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Submissions / Parliamentary scrutiny of treaties - Our evidence to the House of Lords International Agreements Committee

Our evidence on treaty scrutiny has been published by the House of Lords International Agreements Committee. Our submission outlines the problems with the existing framework for treaty scrutiny and why legislative and cultural change are needed to improve Parliament's scrutiny role. Our evidence joins calls for a parliamentary consent vote for the most significant agreements, a stronger role for Parliament in shaping negotiating mandates and monitoring progress, and a sifting committee tasked with determining which agreements warrant the greatest scrutiny.

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