Financial Services Bill 2019-21
make provision about financial services and markets; to make provision about debt respite schemes; to make provision about Help-to-Save accounts; and for connected purposes.
Government Bill
(HM Treasury)
What is this Bill?
The Financial Services Bill was a Government Bill that became an Act of Parliament.
Is this Bill currently before Parliament?No. This Bill was introduced on 21 October 2020 and became an Act of Parliament on 29 April 2021.
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
Official Bill Page Initial Explanatory Notes Initial Briefing papers Initial Library Notes Ministerial Extracts from Debates All Bill Debates
This bill has received Royal Assent and has become an Act of Parliament
Bill Progession through Parliament
Latest Key documents
Timeline of Bill Documents and Stages
29th April 2021
Royal Assent: Minutes of Proceedings (Lords)
29th April 2021
Royal Assent (Commons)
29th April 2021
Act of Parliament
Financial Services Act 2021 (c. 22)
28th April 2021
Consideration of Commons amendments: Minutes of Proceedings (Lords)
28th April 2021
Consideration of Commons amendments (Lords)
28th April 2021
Minutes of Proceedings
Minutes of Proceedings
28th April 2021
Lords Hansard
Lords Hansard
27th April 2021
Amendment Paper
HL Bill 193-I Marshalled list for Consideration of Commons disagreement, amendment in lieu and reason
27th April 2021
Bill proceedings: Commons
Proceedings on Consideration of Lords Amendments as at 26 April 2021
26th April 2021
Consideration of Lords amendments (Commons)
26th April 2021
Selection of amendments: Commons
Grouping of Lords Amendments by the Chancellor of the Exchequer and selection of motions and amendments relating to Lords Amendments by the Speaker
26th April 2021
Amendment Paper
Commons Consideration of Lords Amendments as at 26 April 2021
26th April 2021
Commons Hansard Daily Report
Consideration of Lords Amendments
26th April 2021
Bill
HL Bill 193 Commons disagreement, amendment in lieu and reason
21st April 2021
Explanatory Notes
Bill 287-EN 2019-21
21st April 2021
Bill
Bill 287 2019-21 (Lords Amendments to the Bill)
19th April 2021
3rd reading: Minutes of Proceedings (Lords)
19th April 2021
3rd reading (Lords)
19th April 2021
Report stage: Minutes of Proceedings (Lords)
19th April 2021
Report stage (Lords)
19th April 2021
Minutes of Proceedings
Minutes of Proceedings
19th April 2021
Lords Hansard
Lords Hansard
14th April 2021
Report stage: Minutes of Proceedings (Lords)
14th April 2021
Report stage (Lords)
14th April 2021
Minutes of Proceedings
Minutes of Proceedings
14th April 2021
Amendment Paper
HL Bill 162-R-III Third marshalled list for Report
14th April 2021
Lords Hansard
Lords Hansard
12th April 2021
Amendment Paper
HL Bill 162-R-II(Rev) Revised second marshalled list for Report
9th April 2021
Will write letters
Letter from Earl Howe to Baroness Kramer regarding issues raised in the report stage debate: the Bank of England's Climate Biennial Exploratory Scenario and how it relates to capital requirements for banks
9th April 2021
Amendment Paper
HL Bill 162-R-III Provisional third marshalled list for Report (superseded)
9th April 2021
Will write letters
Letter from Earl Howe to Baroness Sheehan regarding overseas infrastructure funding, as discussed during the Report stage (first day) of the Bill
7th April 2021
Amendment Paper
HL Bill 162-R-II Second marshalled list for Report (superseded)
7th April 2021
Amendment Paper
HL Bill 162-R-II Corrected second marshalled list for Report (superseded)
7th April 2021
Amendment Paper
HL Bill 162-R-II Marshalled list for Report
6th April 2021
Amendment Paper
HL Bill 162-R-I(c) Amendment for Report
1st April 2021
Will write letters
Letter from Earl Howe to Lord Sikka regarding the relationship between financial statements and prudential regulation, as discussed during the Committee Stage
1st April 2021
Amendment Paper
HL Bill 162-R-I(b) Amendment for Report
26th March 2021
Will write letters
Letter from Baroness Penn to Baroness McIntosh regarding issues raised during the Committee Stage (fifth day): the Bank of International Settlements (BIS) study on the activities of bond exchanged traded fund (ETF) managers, trading in GameStop shares, the regulation of short selling
24th March 2021
Report stage: Minutes of Proceedings (Lords)
24th March 2021
Report stage (Lords)
24th March 2021
Minutes of Proceedings
Minutes of Proceedings
24th March 2021
Lords Hansard
Lords Hansard
23rd March 2021
Will write letters
Letter from Lord True to Lord Stevenson, Lord Lucas and Baroness Coussins regarding the Statutory Debt Repayment Plan (SDRP), as discussed during the Committee Stage (fourth day) of the Bill
22nd March 2021
Will write letters
Letter from Earl Howe to Lord Hodgson regarding questions raised in the committee stage debate: the UK's existing equivalence arrangements with the EU
22nd March 2021
Amendment Paper
HL Bill 162-R-I(a) Amendment for Report
22nd March 2021
Will write letters
Letter Earl Howe to Lord Sikka regarding an issue raised in the committee debate: 'Sandstorm Report' into the Bank of Credit and Commerce International (BCCI)
22nd March 2021
Will write letters
Letter from Baroness Penn to Lord Holmes regarding issues raised during the Committee Stage of the Bill: artificial intelligence (AI) policy, digital identity, distributed ledger technology, Open Finance
22nd March 2021
Will write letters
Letter from Earl Howe to Baroness Kramer regarding an issue raised in the Bill committee debate: requirements of the Ministerial Code in relation to Ministers intervening in Financial Conduct Authority Investigations
22nd March 2021
Will write letters
Letter from Earl Howe to Baroness Kramer regarding questions raised in the committee debate: publication of Country-by-Country Reporting
19th March 2021
Will write letters
Letter from Sam Woods, Prudential Regulation Authority, to Earl Howe regarding accountability to Parliament and how the regulators consider climate change and green issues
19th March 2021
Amendment Paper
HL Bill 162-R-I Marshalled list for Report
19th March 2021
Will write letters
Letter from Nikhil Rathi, Financial Conduct Authority, to Earl Howe regarding accountability to Parliament and how the regulators consider climate change and green issues
18th March 2021
Amendment Paper
HL Bill 162-R Running list of amendments
18th March 2021
Amendment Paper
HL Bill 162-R(e) Amendments for Report
18th March 2021
Delegated Powers Memorandum
Financial Services Bill: Supplementary Delegated Powers Memorandum
17th March 2021
Amendment Paper
HL Bill 162-R(d) Amendments for Report
17th March 2021
Amendment Paper
HL Bill 162-R Running list of amendments
17th March 2021
Legislative Consent Motions-devolved legislatures
Legislative consent motion agreed by the Senedd Cymru
16th March 2021
Amendment Paper
HL Bill 162-R(c) Amendment for Report
16th March 2021
Amendment Paper
HL Bill 162-R Running list of amendments
15th March 2021
Amendment Paper
HL Bill 162-R(b) Amendment for Report
15th March 2021
Amendment Paper
HL Bill 162-R Running list of amendments
12th March 2021
Amendment Paper
HL Bill 162-R(a) Amendment for Report
12th March 2021
Legislative Consent Motions-devolved legislatures
Legislative consent memorandum lodged by the Scottish Government with the Scottish Parliament
12th March 2021
Legislative Consent Motions-devolved legislatures
Legislative consent motion agreed by the Scottish Parliament
10th March 2021
Committee stage: Minutes of Proceedings (Lords)
10th March 2021
Committee stage (Lords)
10th March 2021
Will write letters
Letter from Baroness Penn to Baroness Bennett regarding whether the Government planned to act on the recommendations of the recent OECD report "Ending the Shell Game", as discussed during the Committee Stage of the Bill
10th March 2021
Will write letters
Letter from Baroness Penn to Lord Sikka regarding accountancy firms and tax avoidance schemes, as discussed during the Committee Stage (fourth day) of the Bill
10th March 2021
Minutes of Proceedings
Minutes of Proceedings
10th March 2021
Lords Hansard
Lords Hansard
8th March 2021
Committee stage: Minutes of Proceedings (Lords)
8th March 2021
Committee stage (Lords)
8th March 2021
Amendment Paper
HL Bill 162-VI(Rev) Revised sixth marshalled list for Grand Committee
8th March 2021
Minutes of Proceedings
Minutes of Proceedings
8th March 2021
Lords Hansard
Lords Hansard
5th March 2021
Amendment Paper
HL Bill 162-VI Provisional sixth marshalled list for Grand Committee
4th March 2021
Will write letters
Letter from Baroness Penn to Baroness Neville-Rolfe regarding the Financial Services Bill committee debate: financial education issues
3rd March 2021
Committee stage: Minutes of Proceedings (Lords)
3rd March 2021
Committee stage (Lords)
3rd March 2021
Lords Hansard
Lords Hansard
3rd March 2021
Amendment Paper
HL Bill 162-V Fifth marshalled list for Grand Committee
3rd March 2021
Will write letters
Letter from Earl Howe, Deputy Leader of the House of Lords, to Baroness Neville-Rolfe regarding Financial Services Bill committee stage debate: the impacts of Clause 3 of the Bill on EU banks which operate in the UK
3rd March 2021
Will write letters
Letter from Earl Howe, Deputy Leader of the House of Lords, to Baroness Altman regarding the Financial Services Bill committee stage debate: the Government's position on the cryptocurrencies, particularly the environmental impacts of cryptocurrency mining and trading, and risks to financial stability
3rd March 2021
Minutes of Proceedings
Minutes of Proceedings
3rd March 2021
Will write letters
Letter from Earl Howe to Baroness Sheehan regarding the funding of fossil fuel projects overseas, as discussed during the Committee Stage of the Bill
3rd March 2021
Will write letters
Letter from Earl Howe to Lord Sharkey, Lord Tunnicliffe and Baroness Bennett regarding clarification to a response about the secondary legislation to revoke parts of the Capital Requirements Regulation (CRR), as discussed during the Committee Stage of the Financial Services Bill
2nd March 2021
Will write letters
Letter from Earl Howe, Deputy Leader of the House of Lords to Baroness Neville-Rolfe regarding the Financial Services Bill committee stage debate: support for smaller financial services firms
2nd March 2021
Will write letters
Letter from Earl Howe to Baroness Bennett of Manor Castle regarding how the amount contributed by the financial services sector in tax receipts is calculated, as discussed during the Committee Stage of the Bill
1st March 2021
Committee stage: Minutes of Proceedings (Lords)
1st March 2021
Committee stage (Lords)
1st March 2021
Lords Hansard
Lords Hansard
1st March 2021
Minutes of Proceedings
Minutes of Proceedings
1st March 2021
Amendment Paper
HL Bill 162-IV(Rev) Revised fourth marshalled list for Grand Committee
26th February 2021
Amendment Paper
HL Bill 162-IV Provisional fourth marshalled list for Grand Committee
24th February 2021
Committee stage:Committee: 2nd sitting (Minutes of Proceedings) (Lords)
24th February 2021
Committee stage:Committee: 2nd sitting (Hansard) (Lords)
24th February 2021
Amendment Paper
HL Bill 162-III Third marshalled list for Grand Committee
22nd February 2021
Committee stage:Committee: 1st sitting (Minutes of Proceedings) (Lords)
22nd February 2021
Committee stage:Committee: 1st sitting (Hansard) (Lords)
22nd February 2021
Amendment Paper
HL Bill 162-II(a) Amendments for Grand Committee (for Third Marshalled List)
22nd February 2021
Amendment Paper
HL Bill 162-II(Rev) Revised second marshalled list for Grand Committee
19th February 2021
Amendment Paper
HL Bill 162-II Provisional second marshalled list for Grand Committee
18th February 2021
Amendment Paper
HL Bill 162-I(a) Amendment for Grand Committee (for Second Marshalled List)
17th February 2021
Amendment Paper
HL Bill 162-I Marshalled list for Grand Committee
16th February 2021
Amendment Paper
HL Bill 162(l) Amendments for Grand Committee
12th February 2021
Amendment Paper
HL Bill 162(k) Amendments for Grand Committee
11th February 2021
Amendment Paper
HL Bill 162(j) Amendments for Grand Committee
11th February 2021
Amendment papers
HL Bill 162 Running list of amendments (PDF)
10th February 2021
Amendment Paper
HL Bill 162(i) Amendments for Grand Committee
9th February 2021
Amendment Paper
HL Bill 162(h) Amendments for Grand Committee
8th February 2021
Amendment Paper
HL Bill 162(g) Amendments for Grand Committee
5th February 2021
Amendment Paper
HL Bill 162(f) Amendments for Grand Committee
4th February 2021
Amendment Paper
HL Bill 162(e) Amendments for Grand Committee
3rd February 2021
Amendment Paper
HL Bill 162(d) Amendments for Grand Committee
2nd February 2021
Amendment Paper
HL Bill 162(c) Amendments for Grand Committee
1st February 2021
Amendment Paper
HL Bill 162(b) Amendments for Grand Committee
29th January 2021
Amendment Paper
HL Bill 162(a) Amendments for Grand Committee
28th January 2021
2nd reading: (Minutes of Proceedings) (Lords)
28th January 2021
2nd reading (Hansard) (Lords)
25th January 2021
Select Committee report
34th Report of the Delegated Powers and Regulatory Reform Committee
19th January 2021
Library Notes
Financial Services Bill: Briefing for Lords Stages
14th January 2021
1st reading: (Minutes of Proceedings) (Lords)
14th January 2021
1st reading (Hansard) (Lords)
14th January 2021
Delegated Powers Memorandum
Financial Services Bill: Delegated Powers Memorandum
14th January 2021
Human rights memorandum
Human Rights Memorandum from HM Treasury for the Bill as brought from the Commons
14th January 2021
Impact Assessments
Supplementary document to the Impact Assessment
14th January 2021
Bill
HL Bill 162 (as introduced)
14th January 2021
Explanatory Notes
HL Bill 162 Explanatory Notes
14th January 2021
Bill proceedings: Commons
Report Stage Proceedings as at 13 January 2021
13th January 2021
3rd reading (Commons)
13th January 2021
Report stage (Commons)
13th January 2021
Amendment Paper
Consideration of Bill Amendments as at 13 January 2021
12th January 2021
Selection of amendments: Commons
Speaker’s provisional selection and grouping of amendments - 13 January 2021 (PDF)
12th January 2021
Amendment Paper
Notices of Amendments as at 11 January 2021
12th January 2021
Selection of amendments: Commons
Speaker’s provisional selection and grouping of amendments - 13 January 2021
12th January 2021
Selection of amendments: Commons
Speaker’s provisional selection and grouping of amendments - 13 January 2021 (PDF)
11th January 2021
Amendment Paper
Notices of Amendments as at 8 January 2021
7th January 2021
Amendment Paper
Notices of Amendments as at 6 January 2021
31st December 2020
Amendment Paper
Notices of Amendments as at 30 December 2020
17th December 2020
Amendment Paper
Notices of Amendments as at 16 December 2020
16th December 2020
Briefing papers
Briefing Paper on the Bill
4th December 2020
Bill proceedings: Commons
All proceedings up to 3 December at Public Bill Committee Stage
4th December 2020
Bill
Bill 225 2019-21 (as amended in Committee)
4th December 2020
Written evidence
Written evidence: StepChange Debt Charity (supplementary) (FSB13)
4th December 2020
Written evidence
Written evidence: Co-operatives UK (FSB12)
4th December 2020
Written evidence
Written evidence: Financial Conduct Authority (supplementary) (FSB11)
3rd December 2020
Committee stage: 12th sitting (Commons)
3rd December 2020
Committee stage: 11th sitting (Commons)
3rd December 2020
Committee stage:s: compilation pdf of all sittings (Commons)
3rd December 2020
Amendment Paper
Public Bill Committee Amendments as at 3 December 2020
2nd December 2020
Amendment Paper
Notices of Amendments as at 1 December 2020
2nd December 2020
Written evidence
Written evidence: Centre for Responsible Credit & Debt Advice Workers (FSB10)
2nd December 2020
Written evidence
Written evidence: Finance Innovation Lab (further submission) (FSB09)
2nd December 2020
Written evidence
Written evidence: Association of British Insurers (ABI) (supplementary submission from Hugh Savill, Director, re Gibraltar tax differences) (FSB08)
2nd December 2020
Selection of amendments: Commons
Chairs’ provisional selection and grouping of amendments - 3 December 2020
2nd December 2020
Selection of amendments: Commons
Chairs’ provisional selection and grouping of amendments - 3 December 2020 (PDF)
1st December 2020
Committee stage: 10th sitting (Commons)
1st December 2020
Committee stage: 9th sitting (Commons)
1st December 2020
Amendment Paper
Public Bill Committee Amendments as at 1 December 2020
30th November 2020
Selection of amendments: Commons
Chairs’ provisional selection and grouping of amendments - 1 December 2020 (PDF)
30th November 2020
Selection of amendments: Commons
Chairs’ provisional selection and grouping of amendments - 1 December 2020
27th November 2020
Amendment Paper
Notices of Amendments as at 26 November 2020
26th November 2020
Committee stage: 8th sitting (Commons)
26th November 2020
Committee stage: 7th sitting (Commons)
26th November 2020
Selection of amendments: Commons
Chairs’ provisional selection and grouping of amendments - 26 November 2020 (revised) (PDF)
26th November 2020
Amendment Paper
Public Bill Committee Amendments as at 26 November 2020
26th November 2020
Will write letters
Letter from John Glen MP to Pat McFadden MP regarding issues raised during the Committee Stage (sixth day): credit rating agencies, risk weightings, leverage ratios
26th November 2020
Selection of amendments: Commons
Chairs’ provisional selection and grouping of amendments - 26 November 2020 (revised)
25th November 2020
Written evidence
Written evidence: Registry Trust Ltd (FSB07)
25th November 2020
Amendment Paper
Notices of Amendments as at 24 November 2020
24th November 2020
Committee stage: 6th sitting (Commons)
24th November 2020
Committee stage: 5th sitting (Commons)
24th November 2020
Amendment Paper
Public Bill Committee Amendments as at 24 November 2020
23rd November 2020
Selection of amendments: Commons
Chairs’ provisional selection and grouping of amendments - 24 November 2020 (PDF)
23rd November 2020
Selection of amendments: Commons
Chairs’ provisional selection and grouping of amendments - 24 November 2020
20th November 2020
Written evidence
Written evidence: Building Societies Association (BSA) (FSB02)
20th November 2020
Written evidence
Written evidence: Finance Innovation Lab (FSB03)
20th November 2020
Written evidence
Written evidence: Revolut (FSB04)
20th November 2020
Written evidence
Written evidence: Association of British Insurers (ABI) (FSB05)
20th November 2020
Written evidence
Written evidence: Spotlight on Corruption (FSB06)
20th November 2020
Amendment Paper
Notices of Amendments as at 19 November 2020
19th November 2020
Committee stage: 4th sitting (Commons)
19th November 2020
Committee stage: 3rd sitting (Commons)
19th November 2020
Amendment Paper
Public Bill Committee Amendments as at 19 November 2020
18th November 2020
Amendment Paper
Notices of Amendments as at 17 November 2020
18th November 2020
Written evidence
Written Evidence: StepChange (FSB01)
17th November 2020
Committee stage: 2nd sitting (Commons)
17th November 2020
Committee stage: 1st sitting (Commons)
17th November 2020
Amendment Paper
Public Bill Committee Amendments as at 17 November 2020
16th November 2020
Amendment Paper
Notices of Amendments as at 13 November 2020
12th November 2020
Amendment Paper
Notices of Amendments as at 11 November 2020
10th November 2020
Press notices
Have your say on the Financial Services Bill
9th November 2020
2nd reading (Commons)
9th November 2020
Programme motion
9th November 2020
Ways and Means resolution
21st October 2020
1st reading (Commons)
20th October 2020
Impact Assessments
Impact Assessment from HM Treasury
20th October 2020
Impact Assessments
Impact Assessment from HM Treasury (PDF)
20th October 2020
Explanatory Notes
Bill 200 EN 2019-21
20th October 2020
Human rights memorandum
Human Rights Memorandum from HM Treasury
20th October 2020
Delegated Powers Memorandum
Delegated Powers Memorandum from HM Treasury
20th October 2020
Delegated Powers Memoranda
Delegated Powers Memorandum from HM Treasury (PDF)
20th October 2020
Bill
Bill 200 2019-21 (as introduced)