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Financial services sector update - October

Financial Services Director, Flora Hamilton, provides insight into the latest CBI action and ways you can get involved in our work in the financial services sector.

10 Oct 2019, 2 min read

With the Party Conference season now behind us, the febrile political environment continues to throw up surprises. The CBI financial services team is working actively with members on HM Treasury’s review of regulatory coordination, the next stage of our Sustainable Finance project, and supporting the CBI’s wider work on No Deal preparation. Thank you for your continued guidance and support.

CBI response to HM Treasury’s Call for Evidence on Regulatory Coordination

HM Treasury’s Future Regulatory Framework Review reflects industry call for action. The CBI will be actively responding to this series of planned interventions to determine the long-term effectiveness of the UK regulatory regime. Share your views.

Payments

Following the EBA’s Opinion on Strong Customer Authentication in June granting flexibility to national competent authorities and the FCA’s announcement allowing an additional 18 months for implementation, the CBI is urging the EBA to consider a unified final implementation date across Europe.

Talking to sister federations, national competent authorities and in collaboration with Business Europe, the CBI is pushing for an 18-month extension to be applicable to all member states. Find out more.

Attend

Finance Directors networks

With dates in regions across the UK, this cross-sector network provides Finance Directors and CFO's the opportunity to discuss the business challenges facing the finance function.

See dates across the UK.