Policy and Guidance

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UK Finance responds to HM Treasury’s UK Green Taxonomy Consultation

06.02.25

Consultation Responses

UK Finance responds to HM Treasury’s UK Green Taxonomy Consultation

UK Finance members have a variety of views as to whether a UK taxonomy would be distinctly valuable in supporting the Government’s stated objectives. In our response, we set out two predominant viewpoints from across our membership.
UK Finance response to the Competition and Markets Authority’s (CMA) draft Annual Plan 2025/26 consultation

06.02.25

Consultation Responses

UK Finance response to the Competition and Markets Authority’s (CMA) draft Annual Plan 2025/26 consultation

The financial services sector is one of the UK’s most important economic assets. Our sector powers businesses, creates jobs and drives investment in homes, infrastructure, and green technologies.
UK Finance response to ‘Modernising the Redress System Call for Input’

03.02.25

Consultation Responses

UK Finance response to ‘Modernising the Redress System Call for Input’

The current redress system faces significant challenges, requiring targeted reforms to ensure it remains transparent, efficient, and fit for purpose. There are key issues not identified by this Call for Input (CFI) which we believe are the root cause of instability and unpredictability within the redress framework.
UK Finance response to the Bank of England’s Discussion Paper on Transitioning to a repo-led operating framework

03.02.25

Consultation Responses

UK Finance response to the Bank of England’s Discussion Paper on Transitioning to a repo-led operating framework

Our members are fully supportive of the Bank of England’s proposal to move to a more demand-led approach to the supply of central bank reserves. It represents a sensible and practical re-focussing of the Sterling Monetary Framework (SMF), in the light of the ongoing normalisation of the Bank of England’s balance sheet.
UK Finance’s response to Amendments to Bank of England’s approach to setting a minimum requirement for own funds and eligible liabilities

27.01.25

Consultation Responses

UK Finance’s response to Amendments to Bank of England’s approach to setting a minimum requirement for own funds and eligible liabilities

We make the following recommendations:
UK Finance has responded to proposal 2 of Chapter 3 - Securitisation – of the PRA’s CP 13/24

24.01.25

Consultation Responses

UK Finance has responded to proposal 2 of Chapter 3 - Securitisation – of the PRA’s CP 13/24

We raised concerns about the PRA’s classification of an individual loan benefiting from credit insurance – for instance a Mortgage Indemnity Guarantee – as being in itself a securitisation.
UK Finance backs regulation of ESG ratings providers

20.01.25

Consultation Responses

UK Finance backs regulation of ESG ratings providers

UK Finance has responded to the HM Treasury’s Draft Statutory Instrument (SI): The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2024
UK Finance response to Pension Investment Review interim report and consultations

17.01.25

Consultation Responses

UK Finance response to Pension Investment Review interim report and consultations

On 14 November 2024, the government published the interim report of the Pensions Investment Review, and two associated consultations on proposed reforms to the Local Government Pension Scheme and the private Defined Contribution pension market.
UK Finance response to discussion paper on future of the SI regime

16.01.25

Consultation Responses

UK Finance response to discussion paper on future of the SI regime

A key feature of the UK trading landscape is the role investment banks play in facilitating trades off their own balance sheets as part of the Systematic Internaliser (SI) regime.