Becoming a member is a voluntary statement; an affirmation to customers, clients, staff and investors of your commitment to promoting the highest standards of behaviour and competence across the industry.
The BSB will work with you to help you achieve your ambitions in this area. It will provide impartial, objective, evidence-based and practical support and challenge to firms, individually and collectively, to help them achieve their objectives on behaviour, competence and culture. It will also provide a forum for interested firms to share and learn from good practice both within the financial services sector and elsewhere (many of the challenges facing the leaders of banks and building societies in managing behaviour, competence and culture, being common also across other sectors).
And as the BSB builds up its evidence base drawn on a consistent basis from across the entire membership, firms will be better placed to assess how they are progressing against their own ambitions on behaviour, competence and culture, and how they compare with their peer group. This additional information will help the boards of banks and building societies both in setting priorities and measuring performance, and in engaging with customers, investors, members and regulators to set out where the firm is performing well (in absolute and relative terms), where it is making progress and where it is investing more effort.
Member firms are also invited to timely and topical workshops, seminars, discussions and other events; all on a voluntary basis, and with the focus on practical ideas that can be adopted and translated into action by firms.
Join the BSB today, to demonstrate your own commitment to raising standards in your part of the sector and right across the industry. Please contact email@example.com to find out more about membership.
“I welcome this important industry-led initiative, and am pleased to support the establishment of the BSB. I encourage all banks that operate in the UK, both domestic and foreign, to support this endeavour.”
Mark Carney, Governor of the Bank of England
Benefits of joining
The BSB was founded on the participation of the UK’s seven largest banks and building society.
The banking industry has a collective interest in raising standards of behaviour and competence across the industry.