A Bill to require certain financial institutions to prepare parallel accounts on the basis of the lower of historic cost and mark to market for their exposure to derivatives; and for connected purposes
House of Commons
1 May 2012
The Financial Services (Regulation of Derivatives) Bill would require certain regulated financial institutions to prepare a parallel set of accounts for their derivative exposure, valuing it using the lower of historic cost or mark-to-market. This aims to improve risk transparency and ensure more cautious reporting of derivative losses.
The bill is currently at the second reading in the House of Commons. If it advances, it will move to committee for detailed examination, followed by further readings before progressing to the Lords.
Generated 21 February 2026
No recorded votes for this bill yet.
