Financial Services Act 2012

A Bill To amend the Bank of England Act 1998, the Financial Services and Markets Act 2000 and the Banking Act 2009; to make other provision about financial services and markets; to make provision about the exercise of certain statutory functions relating to building societies, friendly societies and other mutual societies; to amend section 785 of the Companies Act 2006; to make provision enabling the Director of Savings to provide services to other public bodies; and for connected purposes.

Government Bill

(HM Treasury)
What is this Bill?

The Financial Services Act 2012 was a Government Bill that became an Act of Parliament.

Is this Bill currently before Parliament?

No. This Bill was introduced on 26 January 2012 and became an Act of Parliament on 19 December 2012.

Whose idea is this Bill?

Government Bills implement the legislative agenda of the Government. This agenda, and the Bills that will implement it, are outlined in the Queen's Speech at the Session's State Opening of Parliament.

How can I find out exactly what this Bill does?

The most straightforward information is contained in the initial Explanatory Notes for the Bill.

Would you like to know more?

See these Glossary articles for more information: Act of Parliament, Government Bills, Process of a Bill

Share Bill

Official Bill Page Initial Explanatory Notes Initial Briefing papers

This bill has received Royal Assent and has become an Act of Parliament

Bill Progession through Parliament

Commons Completed
Lords Completed
Royal Assent

Latest Key documents

Bill
06/12/2012
Bill 101 2012-13 (as ordered by the House of Commons)
Briefing paper
15/05/2012
Committee Stage and Report Stage (Day One) Report
Explanatory Note
06/12/2012
Bill 101 EN 2012-13 (Explanatory Notes to the Bill)
Amendment paper
10/12/2012
Consideration of Lords Amendments as at 10 December 2012
Impact Assessment
26/01/2012
Impact Assessment (PDF, 1MB)

Timeline of Bill Documents and Stages

19th December 2012
Royal Assent (Commons)
11th December 2012
Public Bill Committee and report stage proceedings: Commons
Proceedings on Consideration of Lords Amendments as at 10 December 2012
10th December 2012
Consideration of Lords amendmentsPing Pong (Commons)
10th December 2012
Programme motion
10th December 2012
Ways and Means resolution
10th December 2012
Money resolution
10th December 2012
Amendment papers
Consideration of Lords Amendments as at 10 December 2012
10th December 2012
Selection of amendments: Commons
Consideration of Lords Amendments (PDF, 30KB)
7th December 2012
Amendment papers
Notices of Amendments given up to and including 6 December 2012
6th December 2012
Bills
Bill 101 2012-13 (as ordered by the House of Commons)
6th December 2012
Explanatory Notes
Bill 101 EN 2012-13 (Explanatory Notes to the Bill)
5th December 2012
3rd reading (Lords)
5th December 2012
Amendment papers
Marshalled List of Amendments to be moved on Third Reading as at 4 December 2012
4th December 2012
Amendment papers
Amendments to be moved on Third Reading as at 3 December 2012
30th November 2012
Bills
HL Bill 60 2012-13 [as amended on Report]
28th November 2012
Report stage:Report: 5th sitting (Lords)
27th November 2012
Amendment papers
Fifth Marshalled List of Amendments to be moved on Report as at 26 November 2012
26th November 2012
Report stage:Report: 4th sitting (Lords)
23rd November 2012
Amendment papers
Fourth Marshalled List of Amendments to be moved on Report as at 22 November 2012
21st November 2012
Amendment papers
Supplementary to the Third Marshalled List of Amendments to be moved on Report as at 20 November 2012
20th November 2012
Report stage:Report: 3rd sitting (Lords)
20th November 2012
Amendment papers
Supplementary to the Third Marshalled List of Amendments to be moved on Report as at 19 November 2012
17th November 2012
Amendment papers
Third Marshalled List of Amendments to be moved on Report as at 16 November 2012
15th November 2012
Amendment papers
Supplementary to the Revised Second Marshalled List of Amendments to be moved on Report as at 14 November 2012
14th November 2012
Amendment papers
Supplementary to the Revised Second Marshalled List of Amendments to be moved on Report as at 13 November 2012
13th November 2012
Amendment papers
Supplementary to the Revised Second Marshalled List of Amendments to be moved on Report as at 12 November 2012
12th November 2012
Report stage:Report: 2nd sitting (Lords)
12th November 2012
Report stage:Report: 2nd sitting (Lords)
12th November 2012
Amendment papers
Revised Second Marshalled List of Amendments to be moved on Report as at 9 November 2012
9th November 2012
Amendment papers
Second Marshalled List of Amendments to be moved on Report as at 8 November 2012
8th November 2012
Amendment papers
Amendment to be moved on Report (Supplementary to the Revised Marshalled List) as at 7 November 2012
7th November 2012
Amendment papers
Amendments to be moved on Report (Supplementary to the Revised Marshalled List) as at 6 November 2012
6th November 2012
Report stage:Report: 1st sitting (Lords)
6th November 2012
Amendment papers
Marshalled List of Amendments (Revised) to be moved on Report as at 5 November 2012
5th November 2012
Amendment papers
Marshalled List of Amendments to be moved on Report as at 2 November 2012
2nd November 2012
Amendment papers
Amendments to be moved on Report as at 1 November 2012
1st November 2012
Amendment papers
Amendments to be moved on Report as at 31 October 2012
31st October 2012
Amendment papers
Amendments to be moved on Report as at 30 October 2012
25th October 2012
Bills
HL Bill 48 2012-13 (as Amended in Committee)
24th October 2012
Committee stage:Committee: 9th sitting (Lords)
23rd October 2012
Amendment papers
Ninth Marshalled List of Amendments to be moved in Committee of the Whole House as at 22 October 2012
17th October 2012
Committee stage:Committee: 8th sitting (Lords)
17th October 2012
Amendment papers
Supplemenary to the Eighth Marshalled List of Amendments to be moved in Committee of the Whole House as at 16 October 2012
16th October 2012
Amendment papers
Eighth Marshalled List of Amendments to be moved in Committee of the Whole House as at 15 October 2012
15th October 2012
Committee stage:Committee: 7th sitting (Lords)
12th October 2012
Amendment papers
Seventh Marshalled List of Amendments to be moved in Committee of the Whole House as at 11 October 2012
9th October 2012
Amendment papers
Supplementary to the Sixth Marshalled List of Amendments to be moved in Committee of the Whole House as at 8 October 2012
8th October 2012
Committee stage:Committee: 6th sitting (Lords)
8th October 2012
Amendment papers
Supplementary to the Sixth Marshalled List of Amendments to be moved in Committee of the Whole House as at 5 October 2012
5th October 2012
Amendment papers
Sixth Marshalled List of Amendments to be moved in Committee of the Whole House as at 4 October 2012
2nd October 2012
Amendment papers
Amendments to be moved in Committee of the Whole House (Supplementary to the Fifth Marshalled List) as at 1st October 2012
25th July 2012
Committee stage:Committee: 5th sitting (Lords)
25th July 2012
Amendment papers
Amendment to be moved in Committee of the Whole House (Supplementary to the Fifth Marshalled List) as at 24 July 2012
24th July 2012
Amendment papers
Fifth Marshalled List of Amendments to be moved in Committee of the Whole House as at 23 July 2012
23rd July 2012
Amendment papers
Amendments to be moved in Committee of the Whole House (Supplementary to the Fourth Marshalled List) as at 20 July 2012
18th July 2012
Committee stage:Committee: 4th sitting (Lords)
18th July 2012
Amendment papers
Amendments to be moved in Committee of the Whole House (Supplementary to the Fourth Marshalled List) as at 17 July 2012
17th July 2012
Amendment papers
Fourth Marshalled List of Amendments to be moved in Committee of the Whole House as at 16 July 2012
16th July 2012
Amendment papers
Amendments to be moved in Committee of the Whole House (Supplementary to the Third Marshalled List) as at 13 July 2012
12th July 2012
Amendment papers
Amendments to be moved in Committee of the Whole House (Supplementary to the Third Marshalled List) as at 11 July 2012
10th July 2012
Committee stage:Committee: 3rd sitting (Lords)
10th July 2012
Amendment papers
Amendments to be moved in Committee of the Whole House (Supplementary to the Third Marshalled List) as at 9 July 2012
9th July 2012
Amendment papers
Third Marshalled List of Amendments to be moved in Committee of the Whole House as at 6 July 2012
4th July 2012
Amendment papers
Amendments to be moved in Committee of the Whole House (Supplementary to the Second Marshalled List) as at 3 July 2012
3rd July 2012
Committee stage:Committee: 2nd sitting (Lords)
3rd July 2012
Amendment papers
Amendments to be moved in Committee of the Whole House (Supplementary to the Second Marshalled List) as at 2 July 2012
2nd July 2012
Amendment papers
Second Marshalled List of Amendments to be moved in Committee of the Whole House as at 29 June 2012
29th June 2012
Amendment papers
Amendments to be moved in Committee of the Whole House (Supplementary to the Revised Marshalled List) as at 28 June 2012
28th June 2012
Amendment papers
Amendments to be moved in Committee of the Whole House (Supplementary to the Revised Marshalled List) as at 27 June 2012
27th June 2012
Amendment papers
Amendments to be moved in Committee of the Whole House (Supplementary to the Revised Marshalled List) as at 26 June 2012
26th June 2012
Committee stage:Committee: 1st sitting (Lords)
26th June 2012
Amendment papers
Revised Marshalled List of Amendments to be moved in Committee of the Whole House as at 25 June 2012
25th June 2012
Amendment papers
Marshalled List of Amendments to be moved in Committee of the Whole House as at 22 June 2012
22nd June 2012
Amendment papers
Amendments to be moved in Committee of the Whole House as at 21 June 2012
21st June 2012
Amendment papers
Amendments to be moved in Committee of the Whole House as at 20 June 2012
19th June 2012
Amendment papers
Amendments to be moved in Committee of the Whole House as at 18 June 2012
15th June 2012
Amendment papers
Amendments to be moved in Committee as at 14 June 2012
13th June 2012
Amendment papers
Amendments to be moved in Committee as at 12 June 2012
11th June 2012
2nd reading (Lords)
25th May 2012
Explanatory Notes
HL Bill 25 EN 2012-2013
25th May 2012
Bills
HL Bill 25 2012-2013 as brought from the Commons on 23rd May 2012
23rd May 2012
1st reading (Lords)
23rd May 2012
Public Bill Committee and report stage proceedings: Commons
Report Stage proceedings as at 22 May 2012
22nd May 2012
3rd reading (Commons)
22nd May 2012
Report stage (Commons)
22nd May 2012
Amendment papers
Consideration of Bill as at 22 May 2012
22nd May 2012
Selection of amendments: Commons
Consideration on Report Second Day (PDF, 27KB)
21st May 2012
Amendment papers
Notices of Amendments given up to and including 18 May 2012
18th May 2012
Amendment papers
Notices of Amendments given on 17 May 2012
16th May 2012
Amendment papers
Notices of Amendments given on 15 May 2012
15th May 2012
Amendment papers
Notices of Amendments given on 14 May 2012
15th May 2012
Briefing papers
Committee Stage and Report Stage (Day One) Report
11th May 2012
Bills
Bill 2 2012-2013 (as introduced)
11th May 2012
Explanatory Notes
Bill 2 2012-13 (Explanatory Notes to Bill)
10th May 2012
2nd reading (Commons)
10th May 2012
1st reading (Commons)
24th April 2012
Public Bill Committee and report stage proceedings: Commons
Report Stage Proceedings as at 23 April 2012
23rd April 2012
Report stage (Commons)
23rd April 2012
Programme motionProgramme (No. 3) motion
23rd April 2012
Amendment papers
Consideration of Bill as at 23 April 2012
23rd April 2012
Selection of amendments: Commons
Consideration on Report First Day (PDF, 31KB)
20th April 2012
Amendment papers
Notices of Amendments given on 19 April 2012
19th April 2012
Amendment papers
Notices of Amendments given on 18 April 2012
19th April 2012
Briefing papers
Committee Stage Report
18th April 2012
Amendment papers
Notices of Amendments given on 17 April 2012
17th April 2012
Amendment papers
Notices of Amendments given on 16 April 2012
26th March 2012
Written evidence
Consolidated Associated Memoranda PDF version (PDF, 310KB)
23rd March 2012
Tracked changes versions of Bills: Commons
A version of the bill, showing changes made in committee (PDF, 1MB)
23rd March 2012
Public Bill Committee and report stage proceedings: Commons
Public Bill Committee Proceedings as at 22 March 2012
23rd March 2012
Amendment papers
Notices of Amendments given on 22 March 2012
23rd March 2012
Bills
Bill 323 2010-2012 (as amended in Public Bill Committee)
22nd March 2012
Committee stage: 16th Sitting (Commons)
22nd March 2012
Amendment papers
Public Bill Committee Amendments as at 21 March 2012
22nd March 2012
Selection of amendments: Commons
Consideration in Committee: Selection 9 (PDF, 84KB)
22nd March 2012
Written evidence
Associated memorandum submitted by the City of London (FS 13)
21st March 2012
Public Bill Committee and report stage proceedings: Commons
Public Bill Committee Proceedings as at 20 March 2012
20th March 2012
Committee stage: 15th Sitting [Part II] (Commons)
20th March 2012
Committee stage: 15th Sitting [Part I] (Commons)
20th March 2012
Amendment papers
Public Bill Committee Amendments as at 20 March 2012
19th March 2012
Selection of amendments: Commons
Consideration in Committee: Selection 8 (PDF, 86KB)
16th March 2012
Public Bill Committee and report stage proceedings: Commons
Public Bill Committee Proceedings as at 15 March 2012
15th March 2012
Committee stage: 13th Sitting (Commons)
15th March 2012
Committee stage: 14th Sitting (Commons)
15th March 2012
Amendment papers
Public Bill Committee Amendments as at 15 March 2012
15th March 2012
Written evidence
Associated memorandum submitted by the Chair of Trustees, MK Money Lifeline (FS12)
14th March 2012
Selection of amendments: Commons
Consideration in Committee: Selection 7 (PDF, 18KB)
14th March 2012
Amendment papers
Notices of Amendments given on 13 March 2012
13th March 2012
Amendment papers
Notices of Amendments given on 12 March 2012
12th March 2012
Amendment papers
Notices of Amendments given on 9 March 2012
9th March 2012
Amendment papers
Notices of Amendments given on 8 March 2012
9th March 2012
Public Bill Committee and report stage proceedings: Commons
Public Bill Committee Proceedings as at 8 March 2012
8th March 2012
Committee stage: 12th Sitting (Commons)
8th March 2012
Committee stage: 11th Sitting (Commons)
8th March 2012
Amendment papers
Public Bill Committee Amendments as at 8 March 2012
8th March 2012
Selection of amendments: Commons
Consideration in Committee: Selection 6 (PDF, 87KB)
8th March 2012
Written evidence
Associated memorandum submitted by HSBC Bank plc (FS11)
7th March 2012
Public Bill Committee and report stage proceedings: Commons
Public Bill Committee Proceedings as at 6 March 2012
6th March 2012
Committee stage: 9th Sitting (Commons)
6th March 2012
Committee stage: 10th Sitting [Part II] (Commons)
6th March 2012
Committee stage: 10th Sitting [Part I] (Commons)
6th March 2012
Amendment papers
Public Bill Committee Amendments as at 6 March 2012
6th March 2012
Written evidence
Associated memorandum submitted by Bates Wells & Braithwaite London LLP (FS10)
5th March 2012
Selection of amendments: Commons
Consideration in Committee: Selection 5 (PDF, 87KB)
2nd March 2012
Written evidence
Associated memorandum submitted by Association for Financial Markets in Europe (AFME) (FS09)
2nd March 2012
Written evidence
Associated memorandum submitted by British Bankers’ Association (BBA) (FS08)
2nd March 2012
Amendment papers
Public Bill Committee Amendments given on 1 March 2012
2nd March 2012
Public Bill Committee and report stage proceedings: Commons
Public Bill Committee Proceedings as at 1 March 2012
1st March 2012
Committee stage: 7th Sitting (Commons)
1st March 2012
Committee stage: 8th Sitting (Commons)
1st March 2012
Amendment papers
Public Bill Committee Amendments as at 1 March 2012
29th February 2012
Public Bill Committee and report stage proceedings: Commons
Public Bill Committee Proceedings as at 28 February 2012
29th February 2012
Amendment papers
Public Bill Committee Amendments given on 28 February 2012
29th February 2012
Written evidence
Associated memorandum submitted by Intellect (FS04)
29th February 2012
Selection of amendments: Commons
Consideration in Committee: Selection 4 (PDF, 87KB)
29th February 2012
Written evidence
Associated memorandum submitted by Age UK (FS07)
29th February 2012
Written evidence
Associated memorandum submitted by Fidelity Worldwide Investment (FS06)
29th February 2012
Written evidence
Associated memorandum submitted by ABI (Association of British Insurers) (FS05)
28th February 2012
Committee stage: 5th Sitting (Commons)
28th February 2012
Committee stage: 6th Sitting (Commons)
28th February 2012
Amendment papers
Public Bill Committee Amendments as at 28 February 2012
27th February 2012
Amendment papers
Notices of Amendments given on 24 February 2012
27th February 2012
Selection of amendments: Commons
Consideration in Committee: Selection 3 (PDF, 88KB)
24th February 2012
Written evidence
Associated memorandum submitted by the Association of Independent Financial Advisers (AIFA) (FS03)
24th February 2012
Written evidence
Associated memorandum submitted by Payplan (FS02)
24th February 2012
Written evidence
Associated memorandum submitted by Aviva (FS01)
24th February 2012
Amendment papers
Public Bill Committee Amendments given on 23 February 2012
24th February 2012
Public Bill Committee and report stage proceedings: Commons
Public Bill Committee Proceedings as at 23 February 2012
23rd February 2012
Committee stage: 4th Sitting (Commons)
23rd February 2012
Committee stage: 3rd Sitting (Commons)
23rd February 2012
Amendment papers
Public Bill Committee Amendments as at 23 February 2012
23rd February 2012
Selection of amendments: Commons
Consideration in Committee: Selection 2 (PDF, 87KB)
22nd February 2012
Public Bill Committee and report stage proceedings: Commons
Public Bill Committee Proceedings as at 21 February 2012
22nd February 2012
Amendment papers
Notices of Amendments given on 21 February 2012
21st February 2012
Committee stage: 2nd Sitting (Commons)
21st February 2012
Committee stage: 1st sitting (Commons)
21st February 2012
Programme motionProgramme (No. 2) motion
21st February 2012
Amendment papers
Public Bill Committee Amendments as at 21 February 2012
20th February 2012
Amendment papers
Notices of Amendments given up to and including 17 February 2012
20th February 2012
Selection of amendments: Commons
Consideration in Committee: Selection 1 (PDF, 78KB)
17th February 2012
Amendment papers
Notices of Amendments given on 16 February 2012
10th February 2012
Amendment papers
Notices of Amendments given on 9 February 2012
6th February 2012
2nd reading (Commons)
6th February 2012
Carry-over motion
6th February 2012
Money resolution
6th February 2012
Programme motion
27th January 2012
Explanatory Notes
Bill 278 EN 2010-2012 (Explanatory Notes to the Bill)
27th January 2012
Bills
Bill 278 2010-2012 (as introduced)
26th January 2012
1st reading (Commons)
26th January 2012
Impact Assessments
Impact Assessment (PDF, 1MB)