Written question asked by Lord Lipsey (Labour), in the House of Lords. It was answered by Lord Sassoon (Conservative) on Wednesday, 6 July 2011.

Finance: Regulation

Question: To ask Her Majesty’s Government whether they will set out their planned timetable for the legislation envisaged in A new approach to financial regulation (Cm 8083).

Answer: The Government published a White Paper and draft Bill, A New Approach to Financial Regulation: The Blueprint for Reform on 16 June. The draft Bill will shortly be considered in pre-legislative scrutiny (PLS) by an ad hoc Joint Committee of both Houses. PLS is currently scheduled to conclude by 1 December. The Government will consider the Joint Committee's report and introduce the Bill shortly thereafter. The Government expect the Bill to receive Royal Assent by the end of 2012, subject to parliamentary scheduling considerations.

Secondary information

Type: Written question
Reference: 10602; 729 c67WA
Session: 2010-12
Related items: Financial Services Bill
Monday, 18 July 2011
Written questions
House of Lords
Subjects: Financial services Regulation
Link: View this Written question on www.publications.parliament.uk