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As well as proactively campaigning, the BSA frequently comments on consultative papers issued by the Financial Conduct Authority and Prudential Regulation Authority, and by Government departments such as the Treasury or the Department for Business, Innovation and Skills.
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The main proposals are reasonable, and will improve clarity and transparency.
We broadly welcome and support the review proposals
We agree there should be no order in which firms use the BoE's liquidity facilities or draw down their own liquid asset buffers to meet a liquidity need.
The BSA has responded to the consultation which examines the currently system of Recognised Professional Bodies (RPBs) regulating insolvency practitioners.
BSA calls for parity for mutuals, "think small first", and some legislative updating.
The BSA has responded to Labour's proposals for leaseholders.
Large building societies have confirmed they are able to report the PRA 110 on a daily basis in times of specific or market liquidity stress – but warn there could also be resource implications to such a move.
The BSA response to the MHCLG Discussion Paper on shared ownership.
New funding proposals from the Financial Ombudsman Service run counter to the principle of 'polluter pays' with more cost falling on those firms with fewer complaints. The BSA has responded to the ombudsman's consultation.
We support HMRC's move to ensure that maturing CTFs do not lose their tax advantaged status post-maturity. BSA and its members contributed to the response facilitated by industry group, TISA.