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
We recognise that the primary CRDIV legislation has established criteria about the way in which those working in banks are paid and particularly, for some of them, the ratio between Read More
The BBA supports reforms to compensation practices that reward true and long term performance. In July the PRA and FCA published a joint consultation paper seeking views on proposed changes Read More
We are pleased to be able to respond to the European Banking Authority’s draft regulatory technical standards on the identification of material risk takers as it will affect the vast majority Read More
The BBA fully supports the principle that where an individual has had enforcement action taken against them the authorities should be able to clawback some of their recent bonuses even Read More
Please read the full response via the link below.
A summary of UK regulation Background to the FSA Remuneration Code The Financial Services Authority’s Remuneration Code was first published in August 2009 following the G20 summits in London and Read More
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