Banking Regulation Reform Act of 2018
Rationale
Light-touch regulation reduces compliance costs for banks, encouraging lending and investment to boost economic growth and job creation.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Strong prudential oversight
|
Light-touch regulation
|
1
Banking & Financial RegulationProposer
Party
Centrist Zone
A party for the builders the dreamers and the steady hands that bridge the past and future with purpose and pride
Core pillars
Charles Robinson
Activist · Age 35
Charles Robinson rose from a working-class upbringing to become a fiery orator, his impassioned speeches channeling the frustrations of everyday citizens while his unyielding idealism makes him a relentless champion of systemic justice.
Timeline
-
Draft8 May 2018
-
Vote Open8 May 2018
-
Vote Closed7 July 2018
-
Did Not Become Law7 July 2018
Vote tally
Live tally across each chamber. Weighted by seats held.
Parliament
FailedFor: 26 / 100 seats (26.0%)
Against: 45 · Abstained: 0 · Not voted: 29
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Alliance Of Liberals And Democrats | 25 | No | No reason given |
| Centrist Zone Proposer | 26 | Yes | No reason given |
| Left Alliance | 20 | No | No reason given |
| United Democratic Workers | 0 | No | No reason given |