Financial stability and depositor protection: strengthening the framework. :: BSA - Building Societies Association

Policy

Response

Financial stability and depositor protection: strengthening the framework.

Contact: Chris Lawrenson
Date: 22 Apr 2008

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A Consultation by Bank of England, HM Treasury, and the Financial Services Authority

Response by the Building Societies Association

Contents

Topic

Building Society Backgroud

Summary of the BSA's Views

BSA Comments

(i) The need for change

(ii) Stability and resilience of the financial system

(iii) Reducing the likelihood of a bank failing

(iv) Reducing the impact of a failing bank

(v) Consumer confidence and compensation arrangements

(vi) Strengthening the Bank of England and ensuring effective action

Building Society-specific Proposals

Responses to Specific Questions