I trust you have made the most of the summer break ahead of what promises to be a busy Autumn.
As we prepare to enter the Party Conference season, the CBI Financial Services team has been busy on issues ranging from work on the HM Treasury’s review of regulatory coordination, to representations on market fragmentation at the B7 and planning the next stage of our Sustainable Finance project. Thank you for your continued guidance and support.
Here is a quick summary of our work and where we would welcome your engagement:
Funding our Future campaign update
With technology rapidly transforming the financial services sector, the CBI’s report Funding our future outlines the need for an agile and robust UK regulatory and taxation regime to deal with new challenges, risks and demands.
The Financial Services team will continue its work on the industry's regulation and taxation, making sure members’ priorities are understood. Find out more
The CBI lobbies on the implementation of Strong Customer Authentication (SCA)
The CBI has been working on a payments issue for the last few months in relation to the final phase of implementation of the Payment Services Directive 2 (PSD2). These new measures require Strong Customer Authentication during the payment process for electronic payments.
Find out how we are working for business on key issues for SCA implementation, including preventing disruption to e-commerce and contactless business transactions.
Get involved
- What are your views on sustainable finance?
The CBI released its Green Finance Paper in July ahead of the government’s Green Finance Strategy. As such, we are currently working on the next stage of our sustainable finance project and we are collecting member views.
- HMT Financial Services Future Regulatory Framework review
The CBI is exploring how regulatory interventions for financial services firms can be better coordinated by UK regulatory bodies. Share your views
Dates for your diary
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.
Understand the current economic landscape and forecast so that your business planning and decision making is well informed. Events are being held across the country.