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
The BBA supports the creation a professional standards body. We have done so for some time and Sir Richard’s presence ensures it will operate independently. This is essential if it is have a lasting impact. But it is also important that the new body’s work complements on-going regulatory reform and reflects the diverse nature of the UK’s banking sector.Read more
Our final two days in Washington focussed on the prospect of aligning US and EU rules. Finding common ground has not always been easy in recent years. I’ve sat through some difficult discussions. Yet this year I witnessed a willingness to move forward with discussions over issues such as changes to derivatives regulations bearing fruit.Read more
The start of ISA season may not be something you put in your diary, but earning tax free interest on your savings can make a real difference to your personal finances. It is now easier than ever to shop around for the best rates and make your money work better for you.Read more
Written by Patricia Easterbrook
We dedicated the second day of our US trip to technical discussion of US regulatory policy and tax. Three significant points emerged from heavy weight IIB panel discussions.Read more
Eight months ago the Parliamentary Commission on Banking Standards’ (PCBS) published its final report. Its members have now asked the Prudential Regulation Authority (PRA) for reassurance that it is getting on with its recommendations on the remuneration code in banking.Read more
The rain finally looked like subsiding as I left the UK, but winter was still in full swing as I arrived in America for the BBA’s annual visit to Washington DC. So cold has been the weather here that the Federal Government is currently closed in preparation for “Titan”, the latest winter storm.Read more
It’s not often you open the morning’s newspaper to see Martin Wheatley, CEO of the Financial Conduct Authority (FCA), praise culture in banking. Too frequently his attention is taken up with customers that have been let down and the legacy of mis-sold products. Today’s FCA release struck a different note.Read more