Bank Act of 1816

GPTKB entity

Statements (59)
Predicate Object
gptkbp:instance_of gptkb:legislation
gptkbp:affects limited the number of banknotes issued
gptkbp:amended_by gptkb:Banking_Act_1844
gptkb:Banking_Act_1832
gptkbp:associated_with economic stability efforts
gptkbp:banking_industry shaped the banking industry in the UK
gptkbp:banking_legislation one of the key banking legislations in the UK
gptkbp:banking_reform part of broader banking reform efforts
gptkbp:banking_reforms initiated a series of banking reforms
gptkbp:conflict addressed economic challenges of the time
gptkbp:consequences led to the establishment of bank regulations
gptkbp:context post-Napoleonic War economic conditions
gptkbp:contributed_to modern banking system in the UK
gptkbp:date_enacted 1816
gptkbp:economic_impact affected trade and commerce
impacted the availability of credit
gptkbp:economic_policy part of economic policy reforms
gptkbp:enacted_by gptkb:Parliament_of_the_United_Kingdom
gptkbp:enforces gptkb:Bank_of_England
gptkbp:financial_stability aimed at achieving financial stability
gptkbp:financials affected the banking sector significantly
changed banking practices in the UK
important in the history of banking in the UK
part of the financial system evolution
transformed the banking system in Britain
gptkbp:goal to stabilize the currency
gptkbp:historical_analysis analyzed by historians for its impact
gptkbp:historical_context gptkb:Industrial_Revolution
set against the backdrop of economic change
gptkbp:historical_debate debated for its effectiveness
gptkbp:historical_significance considered historically important for banking.
marked a shift in banking policy
https://www.w3.org/2000/01/rdf-schema#label Bank Act of 1816
gptkbp:impact influenced future banking legislation
gptkbp:includes_provisions_for required banks to hold reserves
gptkbp:influenced banking practices in the UK
gptkbp:influenced_by financial crises of the early 19th century
gptkbp:introduced gptkb:Robert_Peel
gptkbp:is_a_framework_for established a legal framework for banks
gptkbp:is_debated_in debated in Parliament before enactment
gptkbp:is_opposed_by faced opposition from small banks
gptkbp:key_figures gptkb:Robert_Peel
gptkbp:led_to increased regulation of financial institutions
gptkbp:legacy set precedents for future banking laws
gptkbp:legislation gptkb:Banking_Act_1844
gptkb:Bank_Charter_Act_1826
gptkbp:modern_relevance still referenced in banking discussions today
gptkbp:public_reaction mixed reactions from the public
gptkbp:purpose to regulate banking in the UK
gptkbp:regulatory_compliance established banking regulations
introduced new financial regulations
gptkbp:related_event financial crises of the 1820s
gptkbp:related_to gptkb:Bank_of_England
gptkbp:repealed_by gptkb:Banking_Act_1826
gptkbp:resulted_in consolidation of banks
gptkbp:significance established a framework for bank operations
gptkbp:trade_goods influenced by classical economics
gptkbp:bfsParent gptkb:Bank_Act_of_1791
gptkbp:bfsLayer 5