Banks and trade associations consult on UK financial services landscape: A group of banks, supported by the main UK financial services trade associations, is consulting on the role of trade associations in future. The group has considered how the regulatory environment has changed with the competitive landscape and how trade associations support the industry. Overall, the reviewers feel that UK trade associations would not be more efficient and effective collectively. Operating as separate organisations has disadvantages in efficiency and often causes duplication of mandates which can lead to stakeholder fatigue. The paper considers whether it would be feasible to improve coordination within the current framework, or to integrate associations that operate in similar domains. Overall, however, it thinks the best model would be for one single trade association to represent the whole UK retail banking, consumer finance, wealth and commercial banking segments. It seeks comments on its ideas by 10th April. (Source: Banks and Trade Associations Consult on UK Financial Services Landscape)