Financial Services (Banking Reform) Bill laid before Parliament: Regulator to be given power to enforce full separation

The Financial Services (Banking Reform) Bill (the Bill) was introduced to Parliament on 4 February 2013.  On the same day, the Government published its response to the report which the Parliamentary Commission on Banking Standards (PCBS) published at the end of last year and which formed part of the pre-legislative scrutiny of the Bill.    Continue reading