BSA responds on Government’s ICB thinking

The Government has set out its thinking on the Independent Commission on Banking proposals.  It acknowledges there may be areas where the proposals overlap with existing legislation for building societies and therefore the Building Societies Act might require updating.

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DWP consult on Support for Mortgage Interest changes

The Department for Work and Pensions are looking at changes to the Support for Mortgage Interest scheme.  As a fundamentally good scheme, SMI could be improved by making a few relatively minor changes. 

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BSA welcomes new Associate

ADT Fire & Security has joined the BSA as an Associate.

ADT has a long established history with a wealth of international financial institutions. Their account management experts have breadth of experience within the industry from both supply and client-side. Their tailored solutions not only help ensure life safety and security, but also enhance business performance.

ADT supports over 50 financial and banking brands in the UK. They are the largest security company with over 8 million customers, a revenue in excess of $7billion and over 60 000 employees worldwide.

To learn more visit their website here.

BSA Events

Conduct of Business and Compliance Seminar
27 March 2012, London

Conduct of business is now the major regulatory focus as the FCA develops through the 'shadow' team at the FSA. Norton Rose LLP and the BSA bring the crucial topics of compliance and conduct of business together, in a joint half-day seminar. 

The event will cover -

• The PRA & FCA - challenges for dual-regulated firms
• Product intervention and outcome-based regulation - the FCA's conduct of business model
• Financial promotions
• BSI 8453:2011 - compliance framework for regulated financial services firms
• Compliance challenges 2012

The event will be important to legal, compliance and business units and will also be of interest to board members.

More information including registration details can be found here

Christmas wishes from the BSA

  Wishing you a merry Christmas and a happy New Year!

  From all at the BSA.