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
Britain and India share more than a passion for curry. Last week I was in Mumbai to meet with representatives from India’s banking industry, where we talked about many of the same issues that are regularly discussed nearly 4,500 miles away in London.Read more
The PRA has today released a consultation paper describing its approach to the supervision of overseas bank branches as compared to UK based subsidiaries of foreign banks. It rightly focuses on non-EU branches, which are commonly described as third-country branches.Read more
Technology has brought banking to the fingertips of millions of people. But rising accessibility has also made the sector more vulnerable to disruption and attacks from opportunistic online criminals via cyber-attacks.Read more
Banks operating in the UK are required to submit a number of information returns to HM Revenue and Customs (HMRC) on an annual basis.Read more
Many, including the BBA, have been awaiting with interest the consultation paper published this week on the review of professional standards in banking.Read more
Mark Carney was appointed last summer before the recent upside surprises to growth in the UK and in a context where, because of the Government’s commitment to stick to its fiscal consolidation plan, any additional economic stimulus needed to come from monetary policy.Read more
Written by Richard Woolhouse, Chief Economist, BBA
The EU and US announced this week that the next round of negotiations to agree the Transatlantic Trade and Investment Partnership (‘TTIP’) will be held in early March. TTIP could be an important contributor to the economic recovery on both sides of the Atlantic.Read more