Avalon
Proposals
Financial Oversight And Stability Act …

Legislative Bill · Avalon

Financial Oversight And Stability Act of 2020

Proposed by Centrist Zone · fronted by Charles Robinson

Opened

4 Feb 2020

Voting closes

4 Apr 2020

Chambers

1 legislature

Articles

1 change

Rationale

The exiting policy harms our financial industry too much. We hope that this is a suitable compromise for the governing parties to ensure our financial sector is not too overly crippled.

Proposed Changes

	Law	Previous		Proposed
1	Banking & Financial Regulation	Capital controls, separated retail/investment banking		Strong prudential oversight

1

Banking & Financial Regulation

Previous law

Capital controls, separated retail/investment banking

Strong prudential oversight

Proposer

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

297,199 social followers

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.

🎤 Fantastic Speaker 🌟 Idealist 🛡️ Incorruptible 🔨 Working Class Background

Timeline

Draft

4 February 2020
Vote Open

4 February 2020
Vote Closed

4 April 2020
Became Law

4 April 2020

Vote tally

Live tally across each chamber. Weighted by seats held.

Parliament

Passed

43Yes 0No 57Not voted 100 seats

For: 43 / 100 seats (43.0%)

Against: 0 · Abstained: 0 · Not voted: 57

50.1% of those voting must vote in favour (actual = 100.0%)

Party	Seats	Vote	Reason
Centrist Zone Proposer	22	Yes	No reason given
Democratic Group	10	Yes	Our economic situation demands a change like this in order to stimulate growth, although we will not vote in favour of any more deregulation measures.
Left Alliance	0	Abstain	No reason given
The Gaia Syndicate	11	Yes	is a gateway to economical growth
Twin Avalon	0	Yes	We support this reform because it replaces outdated restrictions with modern, risk-based financial oversight. Strong prudential supervision will safeguard financial stability while enabling closer cooperation between Avalonian and Port Avalonian banks, encouraging cross-border investment, innovation, and deeper economic integration between our two countries.

Voting record

Every vote must state a public reason. Most recent first.

Twin Avalon

Voted April 1, 2020

Yes

“We support this reform because it replaces outdated restrictions with modern, risk-based financial oversight. Strong prudential supervision will safeguard financial stability while enabling closer cooperation between Avalonian and Port Avalonian banks, encouraging cross-border investment, innovation, and deeper economic integration between our two countries.”

Left Alliance

Voted Feb. 5, 2020

Abstain

The Gaia Syndicate

Voted Feb. 5, 2020

Yes

“is a gateway to economical growth”

Democratic Group

Voted Feb. 5, 2020

Yes

“Our economic situation demands a change like this in order to stimulate growth, although we will not vote in favour of any more deregulation measures.”