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
The BBA acknowledges the key role played by the FSCS as the UK’s statutory compensation scheme of last resort, ensuring consumers can have confidence in the financial services market. It Read More
The BBA supports initiatives which seek to strengthen and raise awareness of FSCS deposit protection arrangements which provide depositors with confidence that their savings are safe. However, the unexpected requirements Read More
Overall, we remain concerned that a number of the requirements which relate to 3 July 2015 (including, Finalised SCV changes, Customer acknowledgements process, Waivers/modifications for positive balances on credit card/non-credit Read More
Our members continue to have significant concerns that they will simply not have enough time to implement the final rules and these concerns will only increase if the original target Read More
The BBA supports moves which seek to strengthen and raise awareness of FSCS deposit protection arrangements which provide depositors with confidence that their savings are safe. However, we have significant Read More
The BBA welcomes the opportunity to respond to the CP11/29. Please read our full response via the link below.
The BBA welcomes the opportunity to respond to CP 09/3. Recent market turmoil and resulting bank failures has highlighted the need for enhancements to Deposit Guarantee Schemes (DGS) across Europe. Read More
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