The bill requires big banks to measure and publicly show how well they help people and small businesses get affordable loans. Banks get rated on this, and must work with credit unions and community banks to fix financial exclusion.
A Bill to require banks to measure and disclose their performance in reducing financial exclusion, including exclusion from affordable credit, and in improving access to finance for small- and medium-sized businesses; to establish a system for rating banks according to that performance; to require banks to cooperate with credit unions and community development finance institutions to address financial exclusion and improve access to finance for small- and medium-sized businesses; and for connected purposes.
Status: In Progress
Current House: Commons
Stage: 1st reading
Sponsored by: Gareth Thomas
Introduced: 2026-01-14