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Introduction The Building Societies Association (BSA) welcomes the opportunity to respond to the FSA’s proposals for reforming the FSCS funding model, as set out in Consultation Paper 12/16. The BSA represents mutual lenders and deposit takers in the UK including a...
We welcome the slight reduction in the MELL budget but argue for more detail on "strategic change" expenditure. Click here for the response.
We are pleased to be invited to comment on these proposals. While we welcome the 22% drop in specific budgeted costs for deposits, we are concerned by the overall increase in the proposed management expenses budget for 2017/18 of £1.847 million (2.74%) over last year. This,...
We are pleased to be able to offer comment on the proposed MELL for 2020/ 21. Our comments are brief and high level and reflect our concerns about the rising costs of operating the FSCS. Click here to read the full response.
We have no comment on the actual draft regulations for the apprenticeship levy but have serious concerns about one important related administrative aspect of the levy: the reclaim mechanism for employers based outside England. How employers in the devolved nations are able t...