text_body: --- DIVISION TITLE ---
  
  Financial Services (Banking Reform) Bill  - Daily Information Exchange With Credit Reference Agencies by Those Offering High-Cost Short-Term Credit
  
  --- MOTION EFFECT ---
  
  
  
  @ MP voted aye to require rules relating to high-cost short-term credit designed to protect borrowers against excessive charges to be made by 1 October 2014 rather than 2 January 2015. 
  
  @ MP voted no to require rules relating to high-cost short-term credit designed to protect borrowers against excessive charges to be made by 2 January 2015 rather than 1 October 2014.
  
  
  The majority of MPs voted to require rules relating to high-cost short-term credit designed to protect borrowers against excessive charges to be made by 2 January 2015 rather than 1 October 2014.
  
  MPs were considering the Financial Services (Banking Reform) Bill[1]. The amendment rejected in this vote was:
  
  :Amendment (b) proposed to Lords amendment 155.
  
  Lords amendment 155[2][3] proposed a new clause titled ''âDuty of FCA to make rules restricting charges for high-cost short-term credit'' which did as the title suggests, and required that the rules are made not later than 2 January 2015 and apply (at least) to agreements entered into on or after that date.
  
  Amendment (b)[4] stated:
  
  :leave out â2 January 2015â and insert â1 October 2014â
  
  
  
  ==
  
  * [1] [http://services.parliament.uk/bills/2013-14/financialservicesbankingreform.html Parliament's webpage on the Financial Services (Banking Reform) Bill]
  * [2] [http://www.publications.parliament.uk/pa/bills/cbill/2013-2014/0142/142.1-7.html Lords amendments to the Financial Services (Banking Reform) Bill]
  * [3] [http://www.publications.parliament.uk/pa/bills/cbill/2013-2014/0142/142.87-93.html Page of Lords amendments to the Financial Services (Banking Reform) Bill containing amendment 155]
  * [4] [http://www.publications.parliament.uk/pa/bills/cbill/2013-2014/0142/amend/pbc1421112m.1401-1403.html Amendment sheet containing Amendment (b) proposed to Lords amendment 155]
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  