Policy and Guidance

We aim to ensure members have access to the information and tools needed to adapt and thrive, while meeting regulatory and compliance obligations.

The regulatory landscape is constantly evolving, while rapid developments in technology are changing the face of financial services. We publish an extensive range of reports and publications on the topics and issues facing businesses, consumers and the banking and finance industry, from policy papers and data and statistics, through to research reports. We work with in-house expertise, members, government and regulators to develop policy and guidance, including industry-wide standards such as the IFABL Standards Framework. As a collective voice for the banking and finance industry, UK Finance provides detailed responses to regulator and government-driven consultations, looking to shape the best outcome for our members and their customers and ensure proportionate and measured results. 

Filter Policy and Guidance

UK Finance response to the HM Treasury consultation – Statutory Debt Repayment Plan

08.08.22

Consultation Responses

UK Finance response to the HM Treasury consultation – Statutory Debt Repayment Plan

UK Finance has responded to the HM Treasury Consultation on the Statutory Debt Repayment Plan. The SDRP is the second part to the Government’s Debt Respite Scheme. Breathing Space, which provides people in financial difficulty with time to seek debt advice was launched in May 2021. The SDRP, when launched, will provide a debt solution where consumers can combine their debts into a single payment plan.
UK Finance responds to the ISSB’s consultations on sustainability and climate risk disclosures (exposure drafts s1 & s2)

29.07.22

Consultation Responses

UK Finance responds to the ISSB’s consultations on sustainability and climate risk disclosures (exposure drafts s1 & s2)

UK Finance welcomes the opportunity to respond to the International Sustainability Standards Board’s consultation on its Exposure Drafts IFRS S1 “General Requirements for Disclosure of Sustainability-related Financial Information” and IFRS S2 “Climate-related Disclosures”, which aim to develop a comprehensive global baseline of sustainability disclosures for the financial markets.
UK Finance responds to the FCA’s Primary Markets Effectiveness Review DP22/2

28.07.22

Consultation Responses

UK Finance responds to the FCA’s Primary Markets Effectiveness Review DP22/2

UK Finance and its members have welcomed this opportunity to share our views and recommendations for improving the effectiveness of UK primary markets.
Designing interoperability for a potential UK CBDC

27.07.22

Reports and Publications

Designing interoperability for a potential UK CBDC

Continuing our series of reports on how a UK retail central bank digital currency (CBDC) could be launched by the Bank of England and HM Treasury, this second report looks at what interoperability could mean for this new form of money.
UK Finance response to to the PRA’s consultation paper CP 5/22

22.07.22

Consultation Responses

UK Finance response to to the PRA’s consultation paper CP 5/22

UK Finance has responded to the PRA’s consultation paper on its proposed definition of a Simpler-regime firm.
Statement from industry to support the leaseholder protections within the Building Safety Act coming into force

15.07.22

Guidance

Statement from industry to support the leaseholder protections within the Building Safety Act coming into force

This statement is specific to properties in England or otherwise covered by the regime in the Building Safety Act 2022.
Commercial models of a potential UK retail CBDC

14.07.22

Reports and Publications

Commercial models of a potential UK retail CBDC

The Bank of England (the Bank) and HM Treasury are currently considering whether the introduction of a UK retail central bank digital currency (CBDC) would be beneficial for the UK economy and the continued integrity of pound sterling in light of increasing use of digital money.
UK Finance response to the Transition Plan Taskforce

13.07.22

Consultation Responses

UK Finance response to the Transition Plan Taskforce

UK Finance welcomes the opportunity to respond to the UK Transition Plan Taskforce’s call for evidence. The Taskforce was established by HM Treasury to develop a gold standard for climate transition plans, which will be vital for banking and finance firms as they implement their sustainability and net zero commitments. 
UK Finance response to the HM Treasury consultation on Amendments to the UK’s Money Laundering Regulations 2017

08.07.22

Consultation Responses

UK Finance response to the HM Treasury consultation on Amendments to the UK’s Money Laundering Regulations 2017

We welcome the opportunity to respond to this consultation, seeking to further strengthen the UK’s Anti-Money Laundering (AML) regime through the introduction of amendments to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs), to further reflect existing risks threatening the integrity of the UK’s financial system. Read more below