The Building Society Industry Today
Sir Mark Boleat
40 years: Executive leadership & banking
In the previous video of the series, Sir Mark Boleat covered the history of the building societies. In this video, he covers the legislative framework and the structure of the industry.
In the previous video of the series, Sir Mark Boleat covered the history of the building societies. In this video, he covers the legislative framework and the structure of the industry.
The Building Society Industry Today
14 mins 36 secs
The role of building societies today has changed dramatically - they are in effect specialist savings banks. Similarly, the BSA has slimmed down and is a great deal less influential than UK Finance. The 1986 Building Societies Act still remains as the legislation governing securities today.
Key learning objectives:
What is the role of building societies today?
Identify the legislative framework today
What does the building society market look like today?
Sir Mark Boleat
11:30
12:09
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