Financial Regulation And Competition Reform of 2024
Rationale
These changes strengthen financial stability and fair competition, protecting consumers and the economy from systemic risks and monopolistic abuses.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Deregulated financial centre
|
Strong prudential oversight
|
|
| 2 | Competition & Monopolies |
Proactively break up dominant firms
|
Active competition enforcement
|
1
Banking & Financial Regulation2
Competition & MonopoliesProposer
Party
Velinor Social Nationals
We build the bridges that lift the fallen and light the roads that lead to tomorrow’s promise. Secular progress is our creed.
Core pillars
Nathaniel Martin
Activist · Age 44
A prodigious scholar-turned-spokesperson, Nathaniel Martin wields policy briefs like daggers and media platforms like pulpits, his ambition as sharp as his rhetoric.
Timeline
-
Draft9 May 2024
-
Vote Open9 May 2024
-
Vote Closed8 July 2024
-
Did Not Become Law8 July 2024
Vote tally
Live tally across each chamber. Weighted by seats held.
The Grand Assembly
FailedFor: 0 / 360 seats (0.0%)
Against: 0 · Abstained: 360 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Paleolibertarian Alliance | 360 | Abstain | No reason given |
| Velinor Social Nationals Proposer | 0 | Yes | No reason given |
The Upper Council
FailedFor: 0 / 150 seats (0.0%)
Against: 0 · Abstained: 93 · Not voted: 57
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Paleolibertarian Alliance | 93 | Abstain | No reason given |
| Velinor Social Nationals Proposer | 0 | Yes | No reason given |
| Empty seats | 57 | Not voted |
President
PassedFor: 0 / 1 seats (0.0%)
Against: 0 · Abstained: 1 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Daphne Baker | 1 | Abstain | No reason given |