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AFB responds to Chancellors Financial Statement

“AFB supports the steps the Government has taken today to build sustainable public finances. We continue to back its growth agenda and look forward to engaging with the Government on the priorities for our members”. Giles French, CEO, Association of Foreign Banks  

AFB Paper – The Operational Impact of the UK post-Brexit Immigration System

Today the AFB published its paper on the operational impact of the post-Brexit points based immigration system.

The Queen’s Speech – AFB Response to the New Financial Services and Markets Bill

The AFB welcomes the announcement in the Queen’s Speech of a new Financial Services and Markets Bill. We support the objective of the Bill – to maintain and enhance the UK’s position as a global leader in financial services – and the proposed measures, including updating the objectives

AFB FRF Review Response

On Wednesday 9 February the AFB responded to HM Treasury’s ‘Future Regulatory Framework Review: Proposals for Reform’. The AFB and its members are broadly supportive of the proposals and welcome measures to ensure the UK remains an attractive place for non-UK headquartered banks to do business, through measures

FSCB-FSSC Inclusion across financial services Webinar

The AFB is looking forward to attending the Financial Services Skills Commission webinar on the FSSC’s & FSCB report, ‘Inclusion across financial services: piloting a common approach to measurement’. The webinar will be held on 23 February (8:30 –

AFB Response to HMT Call For Evidence: Review of the UK’s AML/CTF Regulatory and Supervisory Regime

The AFB is pleased to be able to respond to HMT’s comprehensive review of the UK’s AML/CTF regulatory and supervisory regime.  Members can view the response below.

JMLSG Publishes New AFB Instigated Guidance

The AFB is pleased to note the publication last week of a revised version of Part II/Sector 15 (Trade Finance) of The Joint Money Laundering Steering Group Limited (JMLSG) Guidance. The update was instigated in 2019 by an AFB member working group led, by 

Climate Financial Risk – UK Regulatory Developments – September 2021

Read the UK CFR Regulatory Developments – September Update, which details all the upcoming outputs of the Climate Financial Risk Forum’s second year work programme, the PRA Supervisory Statement and the FCA Consultation on Climate Related Disclosures.