Covers a range of topics relating to mortgages and the wider housing market.
Covers issues relating to savings accounts and payments.
Covers developments in conduct of business regulation
Covers issues relating to the corporate governance and constitution of building societies.
People related matters such as talent development, apprenticeships and diversity.
Internal and external accounting assurance and matters relating to tax.
The regulation and supervision of firms to ensure their safety and soundness under the remit of the Prudential Regulation Authority.
A new legal aid scheme to support borrowers at risk of repossession (member only content).
Building societies and credit unions are customer-owned mutual organisations. Their culture is focused on their members and communities and this influences their day to day decisions.
A wide range of statistics relating to the UK mortgage and housing markets.
Research, analysis and guidance about our members and the issues that affect them.
Retail savings data including net receipts and deposits, ISAs and interest rates.
Operational and financial information about building societies. Includes AGM & financial results and remuneration details.
Submission and publication deadlines for BSA data and reports.
Bank Rate cut to 4.75% but pace of rate cuts expected to moderate in wake of Budget
News and views on topical issues from the BSA and guests.
View our latest press releases and comment here.
The BSA's quarterly magazine covers whats happening in the world of building societies, credit unions and the wider financial services sector.
A quarterly survey that assesses consumer sentiment regarding the UK property market.
View biographies and download photos of the BSA's key spokespeople
BSA speeches from events and seminars
View the latest webinars, training and other events open to members, associates and other stakeholders
View our latest BSA Annual Conference and comment here.
View our latest Past events & summaries and comment here.
Learn how to promote your event to the BSA's membership.
An introduction to treasury management (30th January 2025)
Find factsheets on mortgages, savings and the building society sector.
Track building societies that no longer exists and get a link to its successor's website.
Find mortgage instructions and specific requirements setting out individual building society policies.
The UK Savings Week campaign aims to get people engaged in saving.
Toolkits to develop Workplace Savings are available here.
Here you can find our publications, responses to consultation documents, mortgage instructions, statistics and sector job vacancies.
Find out more about the BSA and the sector.
Contact details for each of our 49 members.
Our Associate members include a wide range of companies from insurers, banks, accountants, solicitors, and other business suppliers to BSA members.
The National Credit Union Forum (NCUF) is the Credit Union Committee of the BSA.
Find out how building societies have purpose beyond profit
View biographies and download photos of our key spokespeople
Vacancies for senior management, executive and other positions at the BSA and its member organisations
Find out the wide range of benefits of joining the BSA as an associate member.
The Building Societies Association is the voice of the UK's building societies.
This online course will first consider why risk appetite is important and then explore the regulator’s role in supervising credit unions before detailing the Prudential Regulation Authorities appetite expectations. We will also consider potential cliff effects and how you might apply risk appetite and risk tolerance to your credit union.
With the regulator flagging the consequences of poor risk management and/or governance as potentially insolvent wind-up, solvent wind-down, or the transfer of engagements to another credit union, this is an important time for credit unions to ensure they have an effective and efficient risk appetite. A risk appetite that meets regulatory expectations is an important indicator of good risk management.
Attending the course will enable participants to understand the role of the regulator, the PRA’s risk appetite expectations, how risk appetite and risk tolerance can be defined, the cliff effects involved in meeting regulatory expectations and how to manage them.
Topics covered:
An introduction to Risk Appetite
a. Personal risk appetite - spare tyre
b. Interactive component - why do we capture risk appetite
c. Breakout session - why is risk appetite important
Basel Committee on Banking Supervision (BCBS)
a. Who are they?
b. Why are they relevant?
c. Role of the Principles for Sound Management of Operational Risk (PSMOR)
Prudential Regulation Authority (PRA)
a. Who do they regulate?
b. What is their role?
SS2/23
a. Risk appetite requirements
b. Avoiding cliff effects
c. Comparing regulatory expectations to delegates asset size
What is risk appetite and risk tolerance?
a. Interactive - which approach have you adopted?
Cascade from a generic risk appetite
Breakout session - How might we apply risk appetite?
Interactive - delegate takeaways
Aimed at:
The course is aimed at senior managers and Board members of credit unions.
Due to the nature of the training places on this course are limited.
Course trainer:
Andrew Sheen is best known for the years he spent at the UK regulator, firstly in the FSA and subsequently at the PRA. In his time with these authorities Andrew was manager of the Operational Risk Policy Team before heading the team responsible for providing Operational Risk and Governance subject matter expertise to supervisors. Andrew represented the UK regulator on the BCBS and EBA Operational Risk working groups. As a member of the Basel Committee for Banking Supervisors Operational Risk Working Group Andrew was actively involved in the teams drafting a number of BCBS papers including ‘The Principles for the Sound Management of Operational Risk’ (June 2011).
Since leaving the regulator Andrew has held second line risk roles at HSBC and Credit Suisse and, since retiring, he has focused his attention on providing risk advisory and training services to financial institutions.
The BSA is delighted to have the opportunity to contribute to the FCA’s review of requirements following the implementation of the Consumer Duty.
The BSA strongly supports the principle of charging a fee to CMCs.