“Need the economy to thrive via less regulation. Growth and prosperity before all.”
Financial Regulation Reform Bill of 2020
Rationale
To reduce regulatory burdens, boost innovation, and lower costs for businesses and consumers while maintaining stability.
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
Penelope Brown
Activist · Age 70
A former banker and military officer, Penelope Brown leverages her financial acumen and commanding presence to champion secular governance and social welfare, using her media savvy to amplify her message.
Timeline
-
Draft25 June 2020
-
Vote Open25 June 2020
-
Vote Closed24 August 2020
-
Did Not Become Law24 August 2020
Vote tally
Live tally across each chamber. Weighted by seats held.
Parliament
FailedFor: 32 / 100 seats (32.0%)
Against: 58 · Abstained: 0 · Not voted: 10
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Centrist Zone Proposer | 29 | Yes | No reason given |
| Democratic Group | 20 | No | The DG said on the last piece of related legislation that we would not vote for anything more than strong prudential oversight, and our position has not changed. |
| Goats | 0 | Yes | Need the economy to thrive via less regulation. Growth and prosperity before all. |
| Independent Freeholder League | 0 | Abstain | No reason given |
| Kerstinbpartiet | 0 | Yes | Good for the economy |
| Left Alliance | 27 | No | This law has been recently changed and LA is not supporting further deregulation |
| Religious People Alliance | 3 | Yes | Let the capitalist catastrophe consume us all.. |
| Right Liberal Front | 0 | Yes | Its a great way to deregulate the economy in the Interests of people. |
| The Gaia Syndicate | 11 | No | this is giving too much liberty to rich people |
Voting record
Every vote must state a public reason. Most recent first.
“Good for the economy”
“Its a great way to deregulate the economy in the Interests of people.”
“Let the capitalist catastrophe consume us all..”
“this is giving too much liberty to rich people”
“This law has been recently changed and LA is not supporting further deregulation”
“The DG said on the last piece of related legislation that we would not vote for anything more than strong prudential oversight, and our position has not changed.”