BBA has responded to the Turner Review. It makes a number of significant comments, including:  

  • more work is needed on the impact of the various capital and liquidity changes proposed;  
  • FSA must not go ahead with domestic plans alone, and must engage with Europe;  
  • all three Tripartite authorities must be engaged in dialogue on macro-prudential measures; and  
  • FSA must prioritise the order it wants banks to make changes in.