“It is necessary to protect ourselves from market fluctuations.”
Financial Regulation Modernization Act of 2023
Rationale
Light-touch regulation balances financial growth with consumer protection, ensuring stability without stifling innovation or economic opportunity.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Deregulated financial centre
|
Light-touch regulation
|
1
Banking & Financial RegulationProposer
Party
The Representatief Of The Voters
We forge order from chaos light the way for progress and shield the vulnerable with the unbreakable will of the nation
Core pillars
Wolfgang Peters
Kanzler · Age 45
A former petty criminal turned people’s tribune, Wolfgang Peters built his reputation as an unconventional powerbroker by navigating the city’s underworld with equal parts charm and cunning.
Timeline
-
Draft17 September 2023
-
Vote Open28 September 2023
-
Vote Closed27 November 2023
-
Became Law27 November 2023
Vote tally
Live tally across each chamber. Weighted by seats held.
Parlament
PassedFor: 30 / 67 seats (44.8%)
Against: 0 · Abstained: 0 · Not voted: 37
| Party | Seats | Vote | Reason |
|---|---|---|---|
| The Representatief Of The Voters Proposer | 6 | Yes | No reason given |
| Union And National Renewal | 24 | Yes | It is necessary to protect ourselves from market fluctuations. |
Der Härteste
PassedFor: 0 / 1 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 1
Voting record
Every vote must state a public reason. Most recent first.
“Es necesario protegernos de las fluctuaciones del mercado.”