Search results

Enter keywords and additional filters as required

by the following authors: 'Andrea Jeffries'

Public results are displayed below. Members may login to view all search results.

Our response to HMRC consultation on implementing the United Kingdom’s agreements with the crown dep

Industry response,
Contact:
andrea jeffries,
Last updated:
22 August 2013

Introduction The Building Societies Association represents mutual lenders and deposit takers in the UK including all 45 UK building societies.  Mutual lenders and deposit takers have total assets of over £375 billion and, together with their subsidiaries, hold residenti...

Our response to HMRC consultation on strengthening the code of practice on taxation for banks

Industry response,
Contact:
andrea jeffries,
Last updated:
16 August 2013

Introduction The Building Societies Association represents mutual lenders and deposit takers in the UK including all 45 UK building societies.  Mutual lenders and deposit takers have total assets of over £375 billion and, together with their subsidiaries, hold residenti...

Our response to HMRC consultation on the direct recovery of debt

Industry response,
Contact:
andrea jeffries,
Last updated:
23 July 2014

Introduction The Building Societies Association represents mutual lenders and deposit takers in the UK including all 44 UK building societies.  Building societies have total assets of nearly £330 billion and, together with their subsidiaries, hold residential mortgages ...

Our response to HMRC's consultation on making tax digital

Industry response,
Contact:
andrea jeffries,
Last updated:
28 October 2016

We question why such a monumental change is required at all for building societies when HMT/ HMRC designed the personal savings allowance to take out 95% of taxpayers of savings tax irrespective of future interest rate changes.  It seems unfair, illogical and wholly disproport...

Our response to HMT consultation on changes to the cash ratio deposit scheme

Industry response,
Contact:
andrea jeffries,
Last updated:
15 March 2013

Our response to HM Treasury’s consultation on proposed changes to the cash ratio deposit scheme Background The Building Societies Association represents mutual lenders and deposit takers in the UK including all 46 UK building societies. Mutual lenders and deposit tak...

Our response to PRA consultation on credit risk: IRB approaches, CP 4/13

Industry response,
Contact:
andrea jeffries,
Last updated:
29 April 2013

Introduction The Building Societies Association represents mutual lenders and deposit takers in the UK including all 46 UK building societies.  Mutual lenders and deposit takers have total assets of over £375 billion and, together with their subsidiaries, hold residenti...

Our response to PRA consultation, CRD IV: liquidity, CP 27/14

Industry response,
Contact:
andrea jeffries,
Last updated:
27 February 2015

Introduction We welcome the opportunity to comment on the PRA’s proposals in CP 27/14, and has had useful dialogue both with the PRA and with BSA members in preparation for making this response.  At a webinar in mid-February 2015, at which more than two thirds of buildi...

Our response to Prudential Regulation Authority's occasional consultation paper, CP 8/13

Industry response,
Contact:
andrea jeffries,
Last updated:
04 November 2013

Background The Building Societies Association is pleased to comment on the PRA’s proposals in CP 8/13. We represent mutual lenders and deposit takers in the UK including all 45 UK building societies. Mutual lenders and deposit takers have total assets of nearly £380 bil...

Our response to "Regulatory fees and levies: rates proposals 2011/12", FSA CP 11/2 (chapter 10 only)

Industry response,
Contact:
andrea jeffries,
Last updated:
16 February 2011

Introduction The Building Societies Association represents mutual lenders and deposit takers in the UK including all 48 UK building societies. Mutual lenders and deposit takers have total assets of over £365 billion and, together with their subsidiaries, hold residential...

Our response to second Basel consultation on revisions to the standardised approach to credit risk

Industry response,
Contact:
andrea jeffries,
Last updated:
11 March 2016

Our members’ prime focus remains housing finance (for owner occupation) so we concentrate on the proposed treatment of residential real estate. We have related interests in credit conversion factors, credit risk mitigation, and also the treatment of bank exposures – since our ...

Our response to the Accounting Standards' Board's revised exposure drafts on the future of UK GAAP

Industry response,
Contact:
andrea jeffries,
Last updated:
24 May 2012

Overall, we believe the revised exposure drafts go some way to building an acceptable replacement for UK GAAP. The removal of the three-tier framework and with it, the use of public accountability to determine the application of EU-adopted IFRS, are especially welcome. B...

Our response to the BoE consultation, A new sterling money market data collection and the reform of

Industry response,
Contact:
andrea jeffries,
Last updated:
01 October 2015

Executive summary We question the relevance of/ added value derived from all but the largest building societies’ data to the Bank of England’s stated objectives in this exercise.  Secondly, any building society without a separate in-house treasury function – most of the se...

Our response to the BoE discussion paper, “A framework for stress testing the UK banking system”

Industry response,
Contact:
andrea jeffries,
Last updated:
10 January 2014

Both the Building Societies Association and the British Bankers' Association support the need to conduct stress testing but have reservations about any further extension of the current exercise to large and medium-sized building societies (and banks). Click here to read ...

Our response to the consultation, The PRA Rulebook: Part 2 – CP 25/ 14

Industry response,
Contact:
andrea jeffries,
Last updated:
23 January 2015

We welcome the opportunity to comment on this latest consultation on revising parts of the handbook inherited from the old Financial Services Authority.  We are focusing our response on the building-society specific questions. The Prudential Regulation Authority prop...

Our response to the EBA's draft guidelines on liquidity coverage ratio reporting

Industry response,
Contact:
andrea jeffries,
Last updated:
10 August 2016

Note to EBA Our position is somewhat different to the rest of Europe since the UK has voted to leave the European Union. The actual departure date is unknown, and until that point all aspects of the EU Banking Single Rule Book - CRR, delegated acts, RTS, guidelines etc - wil...