Legislative Bill · Ludenholm
Passed

Financial Regulation Reform Act of 2020

Proposed by Democratic Liberties · fronted by Vincent Preston
Passing
in all 2 chambers
Opened
8 Jun 2020
Voting closes
7 Aug 2020
Chambers
2 legislatures
Articles
1 change

Rationale

Light-touch regulation reduces compliance costs for banks, spurring growth and innovation while maintaining stability to protect depositors.

Proposed Changes

1

Banking & Financial Regulation
Previous law
Strong prudential oversight
Light-touch regulation

Timeline

  • Draft
    17 January 2020


  • Vote Open
    8 June 2020


  • Vote Closed
    7 August 2020


  • Became Law
    7 August 2020

Vote tally

Live tally across each chamber. Weighted by seats held.

Statenhaus

Passed
108Yes 37No 42Not voted 187 seats

For: 108 / 187 seats (57.8%)

Against: 37 · Abstained: 0 · Not voted: 42

50.1% of those voting must vote in favour (actual = 74.5%)
Party Seats Vote
Communist Movement 37 No
Democratic Liberties Proposer 10 Yes
The Reformist Alliance 63 Yes
Union Of New Conservatives 35 Yes
Empty seats 43 Not voted

Riksdag

Passed
706Yes 223No 148Not voted 1077 seats

For: 706 / 1077 seats (65.6%)

Against: 223 · Abstained: 0 · Not voted: 148

50.1% of those voting must vote in favour (actual = 76.0%)
Party Seats Vote
Communist Movement 223 No
Democratic Liberties Proposer 146 Yes
The Reformist Alliance 309 Yes
Union Of New Conservatives 251 Yes
Empty seats 13 Not voted

President

Passed
1Yes 0No 0Not voted 1 seat

For: 1 / 1 seats (100.0%)

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

Passes unless the office holder votes against (abstention counts as pass)
Party Seats Vote
The Reformist Alliance 1 Yes

Voting record

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

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