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

Lords Industry and Regulators Committee inquiry into UK Regulators

05.12.24

Consultation Responses

Lords Industry and Regulators Committee inquiry into UK Regulators

Regulation of financial services is currently undergoing much reform. In large part this is being delivered through HM Treasury’s Smarter Regulatory Framework, following the powers provided by the Financial Services and Markets Act (FSMA) 2023.
UK Finance and BSA Annual Percentage Rate of Charge (APRC) Guidance

30.11.23

Guidance

UK Finance and BSA Annual Percentage Rate of Charge (APRC) Guidance

UK Finance response to the PRA’s consultation ring-fenced bodies: managing risks from third country subsidiaries and branches

27.11.23

Consultation Responses

UK Finance response to the PRA’s consultation ring-fenced bodies: managing risks from third country subsidiaries and branches

UK Finance responds to PRA’s consultation on Ring-fenced banks (RFBs) managing risks from third country subsidiaries and branches.
UK Finance response to HMT’s consultation on near-term reforms to the ring-fencing regime

24.11.23

Consultation Responses

UK Finance response to HMT’s consultation on near-term reforms to the ring-fencing regime

UK Finance responds to HMT’s consultation on near-term reforms to the ring-fencing regime.
The impact of AI in financial services: opportunities, risks and policy considerations

22.11.23

Reports and Publications

The impact of AI in financial services: opportunities, risks and policy considerations

This report examines the state of play of AI in the financial sector: where it is being deployed, where it shows promise for the future and how to make the most of the opportunities on offer.
UK Finance response to the technical consultation on draft finance bill measures

17.11.23

Consultation Responses

UK Finance response to the technical consultation on draft finance bill measures

UK Finance has responded to a technical consultation on draft legislation to clarify the application of EU law to VAT and excise duty following the changes to be made by the Retained EU Law (Revocation and Reform) Act 2023 (REULA 2023).
2023 Total Tax Contribution of the UK banking sector

17.11.23

Reports and Publications

2023 Total Tax Contribution of the UK banking sector

The analysis in the report estimates the total tax contribution of the UK banking sector to be £41 billion in the financial year to the end of March 2023, £2.2 billion higher than the previous year and equivalent to 4.6 per cent of the total UK government tax receipts in the period.
Minimising the risks: quantum technology and financial services

15.11.23

Reports and Publications

Minimising the risks: quantum technology and financial services

Quantum computing is poised to reshape the landscape of the UK’s financial services sector but realising the potential of quantum computing does not come without risks.
Seizing the opportunities: quantum technology and financial services

15.11.23

Reports and Publications

Seizing the opportunities: quantum technology and financial services

Quantum computing promises to be a game changer for financial services and its arrival will have significant implications for firms, their customers, and the wider market.