BSB relaunches as FSCB to expand membership scope

Article summary

The Banking Standards Board (BSB) has announced that during April 2021 it relaunched as the Financial Services Culture Board (FSCB). In addition, the BSB, under its new name FSCB, has expanded its membership scope beyond primarily banks to enable firms throughout the UK financial services sector to join. According to the FSCB, the move will allow it ‘to work not only individually but also collectively with a wider range of firms, to the benefit we hope of these firms’ customers, clients, employees and other stakeholders’.