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
Anthony Browne, CEO of the BBA said: The Government’s commitment to free trade in financial services and a phased process of implementation provides important clarity on the kind of relationship the UK will seek with the EU.
“All existing EU member states have a mutual interest in ensuring that there’s a smooth exit and securing post-Brexit arrangements that recognise the close ties between our financial systems. The Government’s support for interim arrangements is essential to ensure there are no cliff-edge effects when the UK leaves the EU.
“We will continue to work with Government and regulators to support their negotiation strategy to agree a new partnership with the EU.”
For more information please contact the BBA press office on 020 7216 8989.