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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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BSA challenged unfair PRA offsetting proposals
BSA broadly supports FCA measures
We set out our concerns about the draft code's potential impact on maturity communications and urge the ICO to liaise with the FCA.
Our comments are brief and high level and reflect our concerns about the rising costs of operating the FSCS.
The BSA sets out its concerns regarding the FCA's proposed amendments to the guidance on the definition of a "Payment Account".
We call for more systematic proportionality to reduce the unnecesssary burdens on small, non-complex banks, including most building societies.
The main proposals are reasonable, and will improve clarity and transparency.
We broadly welcome and support the review proposals