Policy
BSA Policy Issues
Below you will find an introduction to the main policy areas that the BSA provides guidance and representation to societies on.
Building Societies Legislation
Building societies are regulated by the FSA subject to legislation set out in the Building Societies Act 1986.
Consumer Relations
Current issues and BSA policy regarding building societies' relations with their customers.
Mortgage Policy
The overriding aim of BSA policy on mortgages is to promote an environment in which building societies’ mortgage business can prosper. The BSA also aims to facilitate the conditions in which building societies can increase their share of the mortgage market.
Prudential and Financial Regulation
Building societies, along with other financial institutions, are bound by regulations and requirements that aim to uphold the soundness and integrity of the financial system.
Constitutional and Corporate Governance
This section is about the way building societies are managed and the rules that govern their conduct.
Financial Crime Prevention
This area provides information on current issues and the BSA's latest policy regarding financial crime prevention.
Payments
This area provides information on current issues and the BSA's policy regarding payments and payment systems.
