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Standards of Lending Practice for business customers extended to protect businesses with £25m turnover

The Standards turnover threshold has been uplifted to £25m, with new Standards focussing on the treatment of businesses in support units, and debt sale.

Standards of Lending Practice for business customers extended to protect businesses with £25m turnover Read More >

The Standards turnover threshold has been uplifted to £25m, with new Standards focussing on the treatment of businesses in support units, and debt sale.

LSB becomes governance and oversight body for the Contingent Reimbursement Model Code for Authorised Push Payment Scams.

As of 1 July, the LSB has taken over responsibility for the governance and oversight of the code, which increases consumer protection standards and will help reduce the number of APP scams.

LSB becomes governance and oversight body for the Contingent Reimbursement Model Code for Authorised Push Payment Scams. Read More >

As of 1 July, the LSB has taken over responsibility for the governance and oversight of the code, which increases consumer protection standards and will help reduce the number of APP scams.

LSB statement on TSB’s business Lending Pledge

The LSB welcomes the publication of TSB’s business Lending Pledge and are supportive of the continued industry focus upon the fair treatment of businesses in financial difficulty.

LSB statement on TSB’s business Lending Pledge Read More >

The LSB welcomes the publication of TSB’s business Lending Pledge and are supportive of the continued industry focus upon the fair treatment of businesses in financial difficulty.

LSB conducts an independent evaluation of the implementation of the Standard Financial Statement (SFS)

We are delighted to be working with the SFGB on the evaluation of the implementation process and effectiveness of the Standard Financial Statement (SFS).

LSB conducts an independent evaluation of the implementation of the Standard Financial Statement (SFS) Read More >

We are delighted to be working with the SFGB on the evaluation of the implementation process and effectiveness of the Standard Financial Statement (SFS).

LSB statement on Government Responses to the Treasury Committee’s Twenty-Fourth Report: SME Finance

The LSB welcomes the government’s response to the Treasury Committee’s report on the SME Finance inquiry which recognises the Standards of Lending Practice for business customers

LSB statement on Government Responses to the Treasury Committee’s Twenty-Fourth Report: SME Finance Read More >

The LSB welcomes the government’s response to the Treasury Committee’s report on the SME Finance inquiry which recognises the Standards of Lending Practice for business customers

LSB response to the Review into the complaints and alternative dispute resolution (ADR) landscape for the UK’s SME market

The LSB is supportive of the banks proposals to offer access to alternative dispute resolution to more SMEs.

LSB response to the Review into the complaints and alternative dispute resolution (ADR) landscape for the UK’s SME market Read More >

The LSB is supportive of the banks proposals to offer access to alternative dispute resolution to more SMEs.