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EnactedBank Resolution (Recapitalisation) Act 2025

  1. Bill introduced in the Lords by
    1st reading in the LordsView in Hansard ↗

    Formal stage — recorded in Hansard.

    • Bank Resolution (Recapitalisation) Bill [HL]: HL Bill 2no file
  2. 2nd reading in the LordsView in Hansard ↗
    9 speakers · 13 speeches
    • Letter from Lord Livermore to Baroness Kramer regarding the previous government’s management of the failure of Silicon Valley Bank (SVB) UK and the impact of this on the ring-fencing regime.no file
    • Letter from Lord Livermore to Lord Moylan regarding whether the costs of litigation would be in scope of Financial Services Compensation Scheme (FSCS) levies under the new mechanism, as discussed during the Second Reading.no file
    • Letter from Lord Livermore to Lord Vaux regarding factors considered when deciding which firms should maintain a Minimum Requirement for Own Funds and Eligible Liabilities (MREL) above minimum capital requirements, given that resolution is in the public interest should public funds be used rather than money from industry.no file
    • Letter dated 02/09/2025 from Lord Livermore to Lord Eatwell regarding issues raised during the Second Reading of the Bank Resolution (Recapitilisation)(BRR) Bill: cost-benefit analysis, systemic risk and role of public support, multiple bank failures.no file
  3. Committee stage in the LordsView in Hansard ↗
    8 speakers · 68 speeches
    20 amendments tabled at Committee stage in the Lords
    8 Not moved12 Withdrawn
    • First Report of the Delegated Powers and Regulatory Reform Committeeno file
  4. Committee stage in the LordsView in Hansard ↗
    6 speakers · 46 speeches
    • Letter from Lord Livermore to Baroness Noakes regarding questions raised during the Committee stage: the amount the Financial Services Compensation Scheme (FSCS) can borrow from the Treasury, section 5 of the Banking Act and the Code of Practice, notifying Parliament of the mechanism’s use.no file
    • Letter from Lord Livermore to Baroness Bowles regarding questions raised during the Committee stage: principle and detail of clause 4(3) of the Bill.no file
    • Letter from Lord Livermore to Lord Vaux regarding questions raised during the Committee stage: provisions to recoup dividends, Bank of England ex-post scrutiny reports, second or subsequent recapitalisation payments, firms placed in insolvency from a Bridge Bank.no file
    • Letter from Lord Livermore to Baroness Vere regarding questions raised during the Committee stage: number of firms on the MREL glide path, outcome of the Resolvability Assessment Framework, multiple firm failures, firms contributing to the costs of the new mechanism, FSCS resources.no file
    • Letter from Lord Livermore to Baroness Vere regarding Bank of England consultation, and Code of Practice.no file
  5. Report stage in the LordsView in Hansard ↗
    8 speakers · 39 speeches
    17 amendments tabled at Report stage in the Lords
    4 Withdrawn1 Withdrawn before debate2 Not moved1 Disagreed9 Agreed
  6. 3rd reading in the LordsView in Hansard ↗
    3 speakers · 6 speeches
  7. 1st reading in the Commons
    • Bill 132 EN 2024-25no file
    • Bill 132 2024-25 (as brought from the House of Lords)no file
    • Bill 132 2024-25 (as brought from the House of Lords) - large printno file
    • Bill 132 EN 2024-25 - large printno file
    • Bill 132 2024-25 (as brought from the House of Lords) - xml downloadno file
  8. 2nd reading, Programme motion, Money resolution, Ways and Means resolution in the CommonsView in Hansard ↗
    9 speakers · 16 speeches
    • Bank Resolution (Recapitalisation) Bill: call for evidenceno file
  9. Committee stage in the CommonsView in Hansard ↗
    4 speakers · 23 speeches
    4 amendments tabled at Committee stage in the Commons
    1 Agreed1 Agreed on division1 Not moved1 Withdrawn
    • Bill 180 2024-25 (as amended in Public Bill Committee)no file
    • Bill 180 2024-25 (as amended in Public Bill Committee) - large printno file
    • Bank Resolution (Recapitalisation) Bill [HL] 2024-25: Progress of the Billno file
  10. Report stage, 3rd reading in the CommonsView in Hansard ↗
    9 speakers · 20 speeches
    7 amendments tabled at Report stage in the Commons
    7 No decision
  11. Consideration of Commons amendments and / or reasons in the LordsView in Hansard ↗
    4 speakers · 7 speeches
  12. King Charles IIIKing Charles III grants Royal Assent, and merges this bill into law