Financial Regulation Act of 2024
Rationale
These changes ensure financial stability and fair markets by preventing systemic risks and anticompetitive abuses that harm consumers and the economy.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Deregulated financial centre
|
Strong prudential oversight
|
|
| 2 | Competition & Monopolies |
No competition intervention
|
Active competition enforcement
|
1
Banking & Financial Regulation2
Competition & MonopoliesProposer
Party
Thornreach National Devlopment Alliance
A party of builders and dreamers forging paths of progress and hands that never close but open wide to lift all toward the light.
Core pillars
Richard Young
Activist · Age 22
The son of dockworkers, he cut his teeth organizing local protests before becoming a vocal critic of corporate influence in media, blending sharp rhetoric with a knack for viral soundbites.
Timeline
-
Draft6 May 2024
-
Vote Open6 May 2024
-
Vote Closed5 July 2024
-
Did Not Become Law5 July 2024
Vote tally
Live tally across each chamber. Weighted by seats held.
National Assembly
FailedFor: 0 / 200 seats (0.0%)
Against: 100 · Abstained: 2 · Not voted: 98
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Iron Crown | 2 | Abstain | No reason given |
| National Thornreach Movement | 100 | No | This would but heavily affect businesses, who honestly made their money. |
| Parti Socialiste | 0 | Yes | PARCEQUE DDDDDDDDDDDDDDDDDDDDDDDDD |
| Thornreach National Devlopment Alliance Proposer | 0 | Yes | No reason given |
| Empty seats | 51 | Not voted |
Voting record
Every vote must state a public reason. Most recent first.
“This would but heavily affect businesses, who honestly made their money.”
“PARCEQUE DDDDDDDDDDDDDDDDDDDDDDDDD”