Regulatory Update

2006

2006 responses to cp



BBA's Response to: FSA CP 06/19: Reforming Conduct of Business Regulation

28/11/2006

BBA final response to the FSA Handbook Review CP06/19 and CP06/20.


Comments on CP06/15: MIFID Chapter 3 Section IV - Impact and Consultation

10/11/2006

This response deals with your proposals relating to Chapter 3 section IV of your paper - MiFID impact and consolidation.


Views from London Market Participants on the ECB's Target 2 Securities Project

03/11/2006

BBA sends comment letter to the European Central Bank on its Target 2 Securities Project.


Response to FSA Consultation Paper 06/14: Implementing MIFID for Firms and Markets

31/10/2006

This response sets out the comments of AFB, BBA, BMA, FOA, ICMA, ISDA, and LIBA on CP06/14.


Evidence on the Evaluation of the Supervisory Functioning of the EU Market Abuse Regime

31/10/2006

BBA response in support for the review of the operation of the Market Abuse Directive under the Lamfalussy system and consider it a vital part of the process.


IFRIC Draft Interpretation D20 Customer Loyalty Programmes

23/10/2006

The BBA welcomes the opportunity to comment on IFRIC Draft Interpretation D20 Customer Loyalty Programmes.


IASB Exposure Draft of Proposed Amendments to IAS 23 'Borrowing Costs'

09/10/2006

The BBA welcomes the opportunity to comment on the proposed changes to IAS 23 'Borrowing Costs'.


ASB Financial Reporting Exposure Draft: Proposed Amendment to FRS 17 'Retirement Benefits' and Reporting Statement '

09/10/2006

The BBA welcomes the opportunity to comment on the proposed amendments to FRS 17. We have responded directly to the questions raised in the invitation to comment section of the Exposure Draft.


Implementing the 3rd Money Laundering Directive: BBA Response to HM Treasury's Consultation Document of July 2006

27/09/2006

The BBA welcomes the opportunity to comment on the plans of HM Treasury for implementing the 3rd EU Money Laundering Directive.


Response to FSA Paper - "Implementing MiFID's Client Categorisation Requirements

25/09/2006

Our overall view is that we are pleased that the FSA intends to take a copy-out approach. We are reassured that you have the aim to be "pragmatic and proportionate", and to make use of all available transitional provisions and discretions. This is clearly in the interest of the UK financial services industry as a whole, both for the buy-side and sell-side.


ED of Proposed Amendments to IAS 1 - Presentation of Financial Statements

31/07/2006

We have read with interest the exposure draft of amendments to IAS 1 'Presentation of Financial Statements: a Revised Presentation' and welcome the opportunity to comment.


Future Application of Reporting Requirements for UK Companies

31/07/2006

BBA provided comments on the exposure draft of a policy statement on the future role of the ASB issued last year and participated in the roundtable event held in January.


BBA Response to CEBS Consultation Paper (CP02Rev) on Outsourcing

06/07/2006

The BBA has responded, and continues to respond, to CEBS' various consultations, notably recently those on aspects of the implementation of the Capital Requirements Directive.


Response from BBA to the Consultation paper: Mental Capacity Act 2005; Draft Code of Practice

01/06/2006

We welcome the opportunity to respond to this consultation. We regard the Act and the proposed Code as a significant beneficial development for those who lack capacity and for their carers and other third parties who have a role in looking after the best interests of such people.


IASB ED 8 - Operating Segments

31/05/2006

BBA welcomes the opportunity to comment on the Exposure Draft.


Davidson Review: Implementation of EU Legislation

31/05/2006

The BBA welcomes the Davidson Review as a reinforcement of the commitment by HM Government to Better Regulation.


Measurement Bases for Financial Accounting - Measurement on Initial Recognition

31/05/2006

 


Response to CP: Proposals to Outlaw Sexual Orientation Discrimination in the provision of Goods and Services

23/05/2006

We restrict our response to dealing with Questions 1 and 2. We do not consider that it is appropriate or necessary for a trade association representating the British Banking Industry to deal with the other questions raised in the Consultation.


Future Priorities for the Action Plan on Modernising Company Law and enhancing Corporate Governance in The European Union

02/05/2006

We are pleased to attach our contribution to the Commission's consultation on the future priorities of the action plan on modernising company law and enhancing corporate governance in the European Union.


Response from BBA to the Consultation paper: Lasting Powers of Attorney - forms and guidance

12/04/2006

We welcome the opportunity to respond to this onsultation. There is no doubt that the number of powers of attorney completed by donors will increase dramatically in the future and in nearly all cases banks will have to deal with all Property and affairs powers.


UK Implementation of MiFID and Revision of the Regulated Activities Order

21/03/2006

The BBA welcomes the opportunity to respond to the Treasury Consultation Paper on Directive 2004/39/EC.


Joint Forum High-Level Principles for Business Continuity

07/03/2006

We very much welcome the thrust of the Principles and their two-fold target in both financial authorities and financial industry participants.


Basel Committee consultative document on sound credit risk assessment and valuation for loans

06/03/2006

Joint BBA and LIBA response to the Basel Committee of Banking Supervision paper on sound credit risk assessment and valuation for loans, in which the Basel committee set out supervisory guidance based around 10 principles applying to: supervisory expectations concerning sound credit risk assessment and valuation for laons; and supervisory evaluation of credit risk assessment for loans, controls and capital.


BCBS Consultation Document on Home-Host information sharing for effective Basel II implementation

24/02/2006

A response by BBA, ISDA and LIBA. We welcome the Basel Committee on Banking Supervision's Consultative Paper on home-host information sharing for effective Basel II implementation, which is based on the experience and ongoing work of the Accord Implementation Group (AIG).


CEBS Second Round of Consultation on the Validation and Assessment of Credit and Operational Risk Approaches

16/02/2006

Joint BBA, ISDA, LIBA and ESF response to the second round of consultation on the Validation and Assessment of Advanced Measurement (AMA) and Internal Ratings Based (IRB) Approaches ("CP10R") published towards the end of January 2006.


Developing alternative approaches to the National Pensions Savings Scheme (NPSS)

10/02/2006

The BBA welcomes the opportunity to respond to the challenge you have posed to the financial services industry to develop an alternative to the Pensions Commission's proposed NPSS as set out in your letter of the 24th January 2006.


Response to the Regulatory Reform Order: a consultation on proposed changes to the Financial Services Markets Act 2000

08/02/2006

 


Response to the public consultation paper on the Implementation of the EU Takeovers Directive

31/01/2006

 


Response to commission paper: "Evaluation of the Financial Services Action Plan"

31/01/2006

 


Response to IIMG industry questionnaire

31/01/2006

 


The Pension Protection Levy Consultation Document December 2005

30/01/2006

BBA Letter to Pension Protection Fund.


BBA Submission for the Treasury Committee Enquiry: Financial Inclusion 2006

11/01/2006

Financial Inclusion requires the involvement of many players and BBA Members have shown, and continue to show, their commitment to this in a variety of ways.


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