Policy
Financial Crime Prevention
This area provides information on current issues and the BSA's latest policy regarding financial crime prevention.Anti-money Laundering
Money laundering is the process by which criminals attempt to hide and disguise the proceeds of their activities. Building societies and other financial institutions must have procedures in place to detect and prevent money laundering.
Fraud Prevention
Like any business organisations, building societies are potentially subject to a wide variety of frauds. The BSA disseminates information on current trends and issues guidance to help societies prevent fraud.
Physical Security
The BSA collates information on robberies and incidents to identify trends. It coordinates a group of financial institutions and representatives from the Police to try to pass on best practices in building societies' processes.
Related BSA Productions
Changing the way you write cheques - safeguarding against fraud
Banks and building societies have announced changes to the way they handle cheques that are payable just to a bank or building society, as a further measure to reduce cheque fraud. This leaflet explains how.
Proving Your Identity
How money laundering affects opening an account.
