Formation | 1 July 2017 |
---|---|
Legal status | Non-profit company |
Purpose | Trade Association |
Location |
|
Region served | United Kingdom |
Membership | 300 financial services firms |
Chief Executive | David Postings |
Website | www |
UK Finance is a trade association for the UK banking and financial services sector, formed on 1 July 2017. It represents over 300 firms in the UK providing credit, banking, markets and payment-related services. The association formulates policy for its members, advocates those policies with HM Government, regulators and the media, and supports industry collaboration in the interests of efficiency and better customer outcomes. Its founder Chairman was and remains Bob Wigley.
It was the result of a merger of the British Bankers' Association, Payments UK, the Council of Mortgage Lenders, the UK Cards Association and the Asset Based Finance Association.
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