Financial institutions

This page highlights some of the current parliamentary material available on financial institutions. This includes select committee reports, briefing papers on current legislation and other subjects produced by the parliamentary research services, and the latest Early Day Motions put down by MPs. For the services provided by these institutions, see financial services.

Commons Briefing Papers

05.11.2015Equitable Life: compensation scheme
This note is designed to summarise the processes and principles behind the Equitable Life compensation scheme. It is designed to help constituents who wish to know what they might expect and what they have to do if they believe that they are due compensation.
03.11.2015Green Investment Bank
The Green Investment Bank was set up by the Government to stimulate investment in green technologie. This note includes details of its role and the Governments intention to privatise it.
22.10.2015Common Financial Services Questions
This Paper looks at a broad range of financial service and financial institution's issues.
04.08.2015The Big Society Bank/Capital and its role in society
This note sets out the establishment of the Big Society Bank and its emergence and connections to the dormant bank accounts legislation. It is now called the Big Society Capital Group.
20.07.2015Bank accounts: problems of identification
This note is aimed at the more practical manifestations of money laundering legislation. why can't I get a bank account?
02.07.2015Payment Services Regulator
The financial crash of 2008 was a wake up call to the inadequacies of financial regulation worldwide. The basic payment service mechanisms on which everything relies did not escape the notice of the authorities. The upshot is a new regulator of the 'plumbing' of the financial system. This note describes its establishment and scope.
29.06.2015European banking union
This note brings together the main documents and developments regarding the EU's pan-Community supervisory and recovery mechanism for members' banking sectors - the Banking Union. Significant new measures were approved of in December 2013 it faces a severe test in respect to Greece in 2015..
23.06.2015Banking executives' remuneration in the UK
This Note outlines some of the changes made to the structure, determination and publication of executive salaries, with particular reference to banks and other financial companies.
18.06.2015Banking Services: reform and issues
A review of the new laws passed, reports about and issues surrounding, banks over the recent years.
10.06.2015Bank Branch closures
A new round of bank branch closures has been announced by several banks. This Note sets out the industry's response.

Lords Library Notes

22.10.2015Bank of England and Financial Services Bill [HL] (HL Bill 65 of 2015-16)
This Library Note provides information in support of the House of Lords consideration of the Bank of England and Financial Services Bill [HL].
28.11.2014Small Business, Enterprise and Employment Bill (HL Bill 57 of session 2014-15)
This Library Note provides background reading ahead of the Bill's second reading in the House of Lords on 2 December 2014.
19.07.2013Financial Services (Banking Reform) Bill
The Financial Services (Banking Reform) Bill seeks to make a number of changes to the banking and financial services sector. The Bill builds on the recommendations of the Independent Commission on Banking (the Vickers Commission) and the Parliamentary Commission on Banking Standards and follows a series of Acts passed since the financial crisis of 2008, such as the Financial Services Act 2012.
09.11.2012Enterprise and Regulatory Reform Bill (HL Bill 45 of 2012-13)
The Enterprise and Regulatory Reform Bill includes measures for changes to competition policy, to employment law, and for reducing regulation, as well as provisions on the Green Investment Bank, directors' remuneration, copyright and planning. This Library Note provides background reading in advance of the Bill's second reading in the House of Lords.


15.07.2014Big Data and Business
POSTnote exploring how big data is being used by UK companies and the challenges and opportunities it presents.

Select Committee Reports

27.01.2012A new approach to financial regulation: securing stability, protecting consumers, including Annexes containing...
Government response. Treasury report [Commons]
19.01.2012Accountability of the Bank of England: response from the Court of the Bank of England to the twenty-first...
Government response. Treasury Select Committee report [Commons]
29.11.2011Final report of the Independent Commission on Banking.
Economic Affairs Select Committee (HL) report [Lords]
19.10.2011Accountability of the Bank of England.
Treasury Select Committee report [Commons]
18.10.2011Draft Legislative Reform (Industrial and Provident Societies and Credit Unions) Order 2011:
Regulatory Reform Select Committee report [Commons]

Early Day Motions

That this House supports UK Uncut Legal Action's initiative to challenge HM Revenue and Customs in the High Court so thatits alleged decision to let Goldman Sachs off its unpaid tax ...
That this House notes that the European Commission is desperate to save the Euro and is proposing a tax on financial transactions that would raise 50 billion a year; further notes that ...
That this House notes the widespread public concern about the extent of tax avoidance and evasion by individuals and corporations; further notes that while evasion is illegal, taxes ...
That this House notes that is currently advertising a typical interest rate of 4214 per cent. and that this is not the only institution offering a similar service; further ...
That this House notes the rising prices of resource commodities such as energy and food which have frustrated Bank of England inflation targeting and wider price stability; further ...


  • Commons Briefing Papers (CBP) Papers providing in-depth and impartial analysis on every major piece of primary legislation and on other topics of public and parliamentary concern. Regular statistics papers are also published.
  • Early Day Motions (EDMs) - formal motions submitted by MPs in the House of Commons
  • POSTnotes (POST PN) - proactive four-page policy briefings from the Parliamentary Office of Science and Technology based on reviews of the research literature, interviews with stakeholders and peer review, commissioned by the POST Board
  • Lords Library Notes (LLN) - authored publications by the research section of the House of Lords Library that provide analysis of Bills, subjects for debate in the House and other issues of interest to Members.
  • Select Committee Reports - papers produced by all select committees of both Houses