The British Bankers Association has launched a training package to help staff in the financial services industry prepare for the regulatory changes that will come later in the year when the FSA receives it authority.
Working with ten leading high street banks, the BBA has developed an interactive compact disk which gives an overview of the major changes the industry can expect to face come N2.
BBA director general Tim Sweeney says: “The regulatory changes taking place in the UK are enormous and have wide-ranging implications for individual members of staff as well as the institutions they work for. Much of the documentation coming out of the FSA is inevitably complex and it's crucial that all staff have a straightforward route map to the changes. We believe that this new training package provides exactly that.”