Hacked by Loard Mahdi

Read more...

Breaking news from the BBC Paper tax returns to be replaced by digital by 2020

Read more...

Mobile phone VAT fraudsters jailed

Read more...

Concerns over new tax powers in Budget

Read more...

Updated UK and Liechtenstein Tax Deal 15/06/12

Read more...

 Contact Us

 
News Items
 
Tax Tips
 
Brilliant with numbers
Great with people
Clear and precise with advice
Timely and cost effective
In touch with issues that face our clients
Mindful of our client’s long term strategic goals
 
 
Helping Your Business is Our Business

Call us now on 023 8083 6900 ABDS Home

News - 20 May 2014

New watchdog to oversee banks.

 A new watchdog charged with rehabilitating the damaged image of British banking is to be launched later this year.

 
The Banking Standards Review Council (BSRC) will be chaired by Sir Richard Lambert, former Chairman of the CBI, and paid for by Britain's big banks, but is intended to remain independent of them.
 
Tonmoy Kumar, Manager of the Accounts Department of ABDS comments:
“The BSRC will be responsible for the monitoring of banking culture, including how well employees understand the codes of conduct. It will also scrutinise the competence of bank employees and their professional qualifications, and examine data related to customer satisfaction and complaints.”
 
The project was set up in the wake of a string of mis-selling and market-rigging scandals, which have tarnished the reputation of the banking industry.
 
Bank of England governor Mark Carney will chair a "panel of respected figures" from outside the industry to appoint a permanent chairman to replace Sir Richard and to ratify the appointment of its chief executive.
 
If you need any help and advice on Business Financial Planning and Development, don’t hesitate, contact Lavinia Newman, Stuart Coleman or Tonmoy Kumar NOW to discuss how ABDS can help in all your Business planning.
 
ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900 E-mail: abds@netaccountants.net
 
Brilliant with numbers  
Great with people  
Clear and precise with advice
Timely and cost effective
In touch with issues that face our clients
Mindful of our client’s long term strategic goals
 
Helping Your Business is Our Business
 

« Back to News