Policy & 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 Invoice Finance and Asset-Based Lending 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

Budget Submission Autumn 2024

04.10.24

Reports and Publications

Budget Submission Autumn 2024

Ahead of the Autumn Budget, we have submitted a range of ideas to HM Treasury.
UK Finance response to Pensions Investment Review and offer of industry roundtable

30.09.24

Consultation Responses

UK Finance response to Pensions Investment Review and offer of industry roundtable

UK Finance’s members are supportive of the government’s aim to boost investment in equities, improve outcomes for savers and reinvigorate UK capital markets. We welcome the government’s focus on short-term cost versus long-term value for policyholders. This reflects our members’ wider ambition to address the imbalance between risk and reward in…
Bank of England Mandating ISO20022 enhanced data in CHAPS

26.09.24

Consultation Responses

Bank of England Mandating ISO20022 enhanced data in CHAPS

UK Finance members welcome the opportunity to respond to the Bank of England’s (the Bank’s) consultation on Direct Participants (DPs) meeting the mandatory enhanced data requirements in CHAPS through all their initiation channels by November 2027, and for Purpose Codes to be included in all CHAPS payments by November 2027.
UK Finance response to Federation of Small Businesses’s recommendations to promote alignment and interoperability across data frameworks related to cross-border payments

26.09.24

Consultation Responses

UK Finance response to Federation of Small Businesses’s recommendations to promote alignment and interoperability across data frameworks related to cross-border payments

Our members strongly believe that there is a need for further collaboration between regulators and market participants to address data frictions and ensure individual rights are respected while striving for more efficient data transfers. In our response to the FSB consultation, we recommend a focus on several-data related areas to improve cross…
UK Finance response to Federation of Small Businesses’s recommendations for regulating and supervising bank and non-bank payment service providers offering cross-border payment services

26.09.24

UK Finance response to Federation of Small Businesses’s recommendations for regulating and supervising bank and non-bank payment service providers offering cross-border payment services

UK Finance welcomes the FSB’s considerations to strengthen consistency in the regulation and supervision of banks and non-bank PSPs in providing cross-border payment services, in a way proportionate to the risks associated with such activities.
Homes We Need

19.09.24

Reports and Publications

Homes We Need

Everyone needs a safe, secure, and affordable home. The UK has an estimated shortfall of 4.3 million homes – a number that is growing every year – housing is therefore a top priority for the new government.
UK Finance response to CP24/11: Faster Payments APP scams: Changing the maximum level of reimbursement

18.09.24

Consultation Responses

UK Finance response to CP24/11: Faster Payments APP scams: Changing the maximum level of reimbursement

UK Finance has responded to CP24/11: Faster Payments APP scams: Changing the maximum level of reimbursement.
Regulated Liability Network (RLN) Experimentation Phase – Final Reports

17.09.24

Reports and Publications

Regulated Liability Network (RLN) Experimentation Phase – Final Reports

UK Finance announces the successful outcome of the Regulated Liability Network Experimentation Phase with the launch of three reports.
UK Finance Response to PSR Interim card scheme and processing fees report

12.09.24

Consultation Responses

UK Finance Response to PSR Interim card scheme and processing fees report

This is UK Finance’s response to the PSR’s Market review of card scheme and processing fees.