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Financial Markets (Conduct of Institutions) Amendment (Duty to Provide Financial Services) Amendment Bill
Bills are proposals to make a new law or to change an existing one. Only Parliament can pass a bill. Each bill goes through several stages, giving MPs and the public the chance to have their say.
This bill amends the Financial Markets (Conduct of Institutions) Amendment Act 2022 to place a new duty on financial institutions to provide financial services to customers except in situations based on law or for valid and verifiable commercial grounds.MP in charge
Andy FosterCommittee
Finance and Expenditure
Bill No.125-1
54Parliament
Progress of the Bill
Second Reading
The House debates and votes on the bill and any changes suggested by the select committee.
Bill () [ MB]
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Member(s) in charge: Andy Foster Type of Bill: Member's Parliament: 54 Bill no: 125-1 Introduction: 19 Feb 2025 First reading agreed: 21 May 2025 Referred to: Finance and Expenditure Submissions due: 22 May 2025 Select Committee Report(s): Financial Markets (Conduct of Institutions) Amendment (Duty to Provide Financial Services) Amendment Bill - 29 Apr 2026