On 7 July 2026, there was published a draft of The Building Societies Act 1986 (Assimilation to Company Law and Changes to Funding Limit) Order 2026.
Background
The Building Societies Act 1986 (the Act) provides the legislative foundation for
PRA consults on discontinuing SS20/15 on supervising building societies’ treasury and lending activities
On 8 May 2025, the Prudential Regulation Authority (PRA) published a consultation paper, CP11/25 – Discontinuing SS20/15: Supervising building societies’ treasury and lending activities.
Background
The PRA’s supervisory statement (SS) 20/15, introduced in 2015, sets out its expectations around…
New SIs for the Building Societies Act 1986
On 14 October 2024, there was published on the legislation.gov.uk website:
- The Building Societies Act 1986 (Amendment of Small Business Turnover Limit) Order 2024. This Order amends section 7(10) and (11) of the Building Societies Act 1986 (the 1986
…
Building Societies Act 1986 (Amendment) Bill receives Royal Assent
On 24 May 2024, the Building Societies Act 1986 (Amendment) Bill 2023-24 received Royal Assent.
The Bill was introduced in December 2023 with the aim of helping building societies to access more funding from sources other than customer savings.…
Building Societies Act 1986 (Amendment) Bill receives Royal Assent
On 24 May 2024, the Building Societies Act 1986 (Amendment) Bill 2023-24 received Royal Assent.
The Bill was introduced in December 2023 with the aim of helping building societies to access more funding from sources other than customer savings.…
HM Treasury consultation – amendments to the Building Societies Act 1986
On 6 December 2021, HM Treasury issued a consultation setting out proposals to update the Building Societies Act 1986 with regard to building societies’ funding model and corporate governance requirements. It also requests views on future trends which may impact…
HM Treasury consultation – amendments to the Building Societies Act 1986
On 6 December 2021, HM Treasury issued a consultation setting out proposals to update the Building Societies Act 1986 with regard to building societies’ funding model and corporate governance requirements. It also requests views on future trends which may impact…
PRA publishes updated Supervisory Statement on building societies’ treasury and lending activities
In April 2016, the PRA published Consultation Paper 12/16: Supervising building societies’ treasury and lending activities (CP12/16). In CP12/16 the PRA set out proposed changes to Supervisory Statement 20/15: Supervising building societies’ treasury and lending activities (SS20/15).
SS20/15 sets out…