The BBA is now integrated into UK Finance. Please go to www.ukfinance.org.uk for new content and updates from UK Finance.
Material published by BBA prior to 1st July 2017 is still available on this website.
From 1 July 2017, the finance and banking industry operating in the UK will be represented by a new trade association, UK Finance. It will represent around 300 firms in the UK providing credit, banking, markets and payment-related services. The new organisation will take on most of the activities previously carried out by the Asset Based Finance Association, the British Bankers’ Association, the Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and the UK Cards Association.x
The BBA does not sell products or services to the public and will never make unsolicited telephone calls or send unsolicited emails to members of the public except in reply to their queries. Nor will we ask you to verify personal information or account details. If you receive a suspicious telephone call or email which appears to come from us, please let us know at firstname.lastname@example.org.
The BBA is warning the public of a recent scam we have been made aware of. Criminals are cold calling victims purporting to be from the BBA offering ‘quick cash loans’, and being asked to transfer a ‘fee’ to the fraudsters. This is a scam and users are advised to hang-up the phone immediately and report the incident to Action Fraud.
Unfortunately, criminals are always finding new ways of obtaining money under false pretences. It’s important to be safe and to be aware of the different scams and tricks they commonly use to get their hands on your cash.
The BBA have produced this useful leaflets which outlines some of the most common financial deceptions.
The Metropolitan Police also produce the Little Book of Big Scams which provides some useful information and guidance on fraud, as informed by police experience.
The Financial Reporting Council (FRC) has been looking at how best to rationalise some of the audit guidelines in place by better integrating the guidance into the auditing standards themselves. Read More
Mike Conroy, BBA, Executive Director, Corporate and Commercial Banking said: “The first quarter of this year saw an upturn in applications for loans and overdrafts from SMEs, although volumes were Read More
Ian Jordan, Chair of the BBA’s Northern Ireland committee, said of the latest data: “The first quarter of the year saw an increased number of SME loan applications, leading to Read More