BBA publishes options paper on banking standards

[Legal Beagles]

Following BBA Chief Executive Anthony Browne's appearance before the Parliamentary Commission on Banking Standards (PCBS) yesterday afternoon, the BBA publishes its submission to the PCBS which sets out a range of possible options to improve standards of banking practice. The submission also includes industry proposals to rejuvenate the oversight and enforcement mechanisms to clamp down on rogue bankers and bad practice.

More...

[leclerc]

Re: BBA publishes options paper on banking standards

They want self regulation and they want to include more customer facing staff.........nah, let's bring in legislative framework and that might work