We are The voice
The safe keeping and return of client money and assets is vital to members, especially as the financial crisis has shown a need for reform in this area.
The BBA has been engaging with the FCA for some time on the issue of 30 Day Unbreakable Term Deposits. In December the FCA contacted the BBA and advised that Read More
Please read FCA’s letter on ‘CASS 7: unbreakable term deposits and diversification of client money’ via the link below.
The BBA joined with the Investment Association, TISA and the UK Platform Group to write to the FCA on the practical implications of the 30 day limit on the notice Read More
In response to the BBA’s correspondence regarding the 30 day unbreakable term deposits, the FCA formally responded on the 13th June 2014, shortly after addressing members of the BBA’s Client Read More
The BBA has been consulting extensively on this issue and has become very concerned at recent and potential future market developments around this product type. Specifically, the BBA has been Read More
The BBA welcomes the opportunity to comment on the FCA’s consultation on the CP13/5 Review of the client assets regime for investment business. The BBA has made an earlier submission Read More
The BBA welcomes the opportunity to comment on the FSA’s consultation on the Client Asset Regime: EMIR, multiple pools and the wider review (CP12/22). This submission addresses those questions outlined Read More
Please read the full response via the link below.
Please read the full letter via the link below.
The BBA welcomes the opportunity to comment on the FSA’s Client Money and Asset Return (CMAR) Operational Implementation (CP11/04) consultation. This submission addresses those questions which apply to medium firms Read More
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