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
In this section our policy experts give their views on the latest news and developments in the banking industry
Paul Chisnall assesses this week’s TSC report on the progress of banking reform and the statement by former members of the Parliamentary Commission on Banking Standards.Read more
The Financial Stability Board has revealed its plans to end ‘Too Big to Fail’. The BBA’s Adam Cull examines what the proposals mean for the 30 Global Significantly Important Banks (G-SIBs).Read more
European Parliamentary work kicked off this week on one of the major pieces of new legislation to be completed in this new mandate. The Liikanen report, the Barnier proposal or now simply BSR for Banking Structural Reform – to add a new acronym to the list – was discussed for the first time in the Parliament’s Economic and Monetary Affairs Committee (ECON) on Tuesday.Read more
The European Commission is considering plans to introduce a cap on multilateral interchange fees (MIFs), charges paid for card transactions between the merchant and the buyer’s bank.
Under the plans, EU member states would be allowed to cap MIFs at 0.2% of the transaction value for debit cards, and 0.3% for credit card payments.Read more
With all of the attention that bank branch closures have been getting in the media lately, it is important that we remind ourselves of the question that really must be answered – is there an acceptable level of access to banking in the UK that ensures no one is financially excluded?Read more
Our banking behaviour continues to evolve, and with it, the range of different channels available to us for banking. Whether through bank branches, ATMs, the post office, online or mobile – our choice of banking channels is now greater than ever.Read more