Industry Responses

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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Strengthening The Pensions Regulator's Powers: Notifiable Events (Amendments) Regulations 2021

We urge DWP to look again at the proposed reporting requirements for “notifiable events”.  There could be  unintended consequences for building societies (and other regulated financial services businesses) if definitions are not clarified.

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Draft Finance Bill 2021-22

The Finance Bill Sub-Committee has consulted on two areas of the draft Finance Bill 2021-22

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Diversity & Inclusion in the financial sector - working together to drive change

The BSA and its members strongly support the steps being taken by the Bank of England, PRA and FCA to engage in a more formal dialogue on diversity and inclusion.

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Budget 2021

The BSA's Submission ahead of the Autumn Budget

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Reforming competition and consumer policy

Our response to the BEIS Reforming competition and consumer policy consultation

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Reviews of Wholesale Securities Markets and the Prospectus Regime

BSA responds briefly on reviews of wholesale markets and the prospectus regime.

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Minimum Requirements for Eligible Liabilities

BSA broadly supports Bank's further proposals on MREL

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Reforming the framework for Better Regulation

BSA supports reform of Better Regulation Framework along lines of TIGRR report.

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Access to Cash Consultation

The BSA responded to HM Treasury's Access to Cash consultion. 

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The UK Leverage Ratio Framework

BSA broadly supports (most of)  the proposals in the two linked CPs.

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FCA Consultation CP21/13: A new Consumer Duty

The BSA has responded to the FCA's consultation paper outlining a proposed new Consumer Duty

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