“We support financial deregulation when it encourages innovation, investment, and sustainable economic growth. However, deregulation must not weaken essential consumer protections, financial stability, or environmental standards.”
Financial Deregulation Act of 2023
Rationale
Deregulation fosters economic growth by attracting investment and increasing financial sector competitiveness for public benefit.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Capital controls, separated retail/investment banking
|
Deregulated financial centre
|
1
Banking & Financial RegulationProposer
Party
Liberal Center
This is a pragmatic center-liberal party focused on modernizing governance and driving economic innovation. Rejecting ideological extremism, it delivers data-driven solutions and reforms to secure growth and opportunity for all.
Core pillars
Nigel Chapman
Activist · Age 46
A decorated officer who traded the battlefield for the campaign trail, his media savvy and instinct for political strategy now shape narratives that challenge the status quo while staying true to his ideals.
Timeline
-
Draft17 January 2023
-
Vote Open17 January 2023
-
Vote Closed18 March 2023
-
Became Law18 March 2023
Vote tally
Live tally across each chamber. Weighted by seats held.
National Assembly
PassedFor: 68 / 100 seats (68.0%)
Against: 0 · Abstained: 0 · Not voted: 32
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Capitalistic Liberals | 0 | Yes | Freedom For all Plastered right on it FREEDOM FOR BUSINESS! |
| Democratic Socialist Of The Northsea | 38 | Yes | This is something we in the party don't agree with. But if we want to foster economic growth, I guess, can give this a shot |
| Environment Of The North Sea | 0 | Yes | We support financial deregulation when it encourages innovation, investment, and sustainable economic growth. However, deregulation must not weaken essential consumer protections, financial stability, or environmental standards. |
| Liberal Center Proposer | 30 | Yes | No reason given |
| The Moderates | 0 | Yes | We agree with your freedom. |
Voting record
Every vote must state a public reason. Most recent first.
“Freedom For all Plastered right on it FREEDOM FOR BUSINESS!”
“We agree with your freedom.”
“This is something we in the party don't agree with. But if we want to foster economic growth, I guess, can give this a shot”