Legislative Bill · Thornreach
Failed

Financial Regulation Act of 2024

Failing
in the National Assembly
Opened
6 May 2024
Voting closes
5 Jul 2024
Chambers
1 legislature
Articles
2 changes

Rationale

These changes ensure financial stability and fair markets by preventing systemic risks and anticompetitive abuses that harm consumers and the economy.

Proposed Changes

1

Banking & Financial Regulation
Previous law
Deregulated financial centre
Strong prudential oversight

2

Competition & Monopolies
Previous law
No competition intervention
Active competition enforcement

Timeline

  • Draft
    6 May 2024


  • Vote Open
    6 May 2024


  • Vote Closed
    5 July 2024


  • Did Not Become Law
    5 July 2024

Vote tally

Live tally across each chamber. Weighted by seats held.

National Assembly

Failed
0Yes 100No 2Abstained 98Not voted 200 seats

For: 0 / 200 seats (0.0%)

Against: 100 · Abstained: 2 · Not voted: 98

50.1% of those voting must vote in favour (actual = 0.0%)
Party Seats Vote
Iron Crown 2 Abstain
National Thornreach Movement 100 No
Parti Socialiste 0 Yes
Thornreach National Devlopment Alliance Proposer 0 Yes
Empty seats 51 Not voted

Voting record

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

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