Banking Regulation Reform Act of 2023
Rationale
To reduce systemic risk and protect depositors from speculative losses while enhancing financial stability and public trust.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Deregulated financial centre
|
Capital controls, separated retail/investment banking
|
1
Banking & Financial RegulationProposer
Party
Democracy Union
Democracy Union forges progress with unyielding hands and open arms. Strong leadership lights the way while business and equality forge the future.
Core pillars
Gertrud Günther
Activist · Age 22
A sharp-tongued prodigy of political maneuvering, Gertrud Günther cut her teeth in backroom deals and viral media stunts before her 25th birthday, turning her knack for networking into a power base that even rivals fear to challenge.
Timeline
-
Draft11 May 2023
-
Vote Open4 September 2023
-
Vote Closed4 September 2023
-
Did Not Become Law4 September 2023
Vote tally
Live tally across each chamber. Weighted by seats held.
Federal Council
FailedFor: 0 / 70 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 70
National Parliament
FailedFor: 0 / 500 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 500
Federal Chancellor
PassedFor: 0 / 1 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 1
President
PassedFor: 0 / 1 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 1