The role and future of credit unions
A Westminster Hall debate has been scheduled for 9.30 -11am on 16 July 2025 on the role and future of credit unions. The debate will be opened by Katrina Murray MP

This Paper describes the Solvency II directive which came into force in January 2016.
Solvency II (376 KB , PDF)
Sometimes referred to as Basel for insurers, the Solvency II directive imposes capital reserve requirements on insurance companies.
The directive is a consolidation of 13 separate directives affecting the insurance industry, updated in the light of the financial crisis. Significant parts of it are uncontroversial. Other parts, however, have been fiercely resisted and argued against by the industry.
Much of the directive’s content is highly technical and it covers a wide range of topics and activity.
The start date for the directive was delayed on multiple occasions to make time for the political and technical arguments to be agreed and for an agreed text to be produced.
It came into force on 1 January 2016 in the UK.
Solvency II (376 KB , PDF)
A Westminster Hall debate has been scheduled for 9.30 -11am on 16 July 2025 on the role and future of credit unions. The debate will be opened by Katrina Murray MP
Debt levels affect how much households spend. Find the latest data on UK household debt, mortgage rates and insolvencies.
The UK applies sanctions against Russia. How do they apply in the Overseas Territories? What progress has been made on beneficial ownership registers?