Parliament has published a press release to announce that the Financial Services Bill 2012-13 (the FS Bill) has now completed the Committee stage in the House of Lords. A revised version of the FS Bill has been published, showing the amendments that have been made to it during the Committee stage. These include establishing a new Oversight Committee for the Bank of England; expanding the objectives of the FPC to include supporting the UK government on economic policy; and giving the Bank of England powers of direction over UK clearing houses.