BExA seeks input from members to respond to House of Lords, House of Commons Select Committee and Government department inquiries on issues relating to exporting.
UK Export Finance consultation
Foreign Content Policy - May 2019
The consultation, launched by UK Export Finance (the UK’s export credit agency) in April 2019, asked the public for its views on proposed changes designed to recognise the full contribution of the UK supply chain in the transactions UKEF supports. The consultation was announced in the Spring Statement and followed the publication of the Export Strategy in 2018.
Bribery Act 2010 - August 2018
The House of Lords Select Committee on the Bribery Act 2010 called for evidence for its post-legislative scrutiny inquiry into the Bribery Act 2010. The inquiry was launched seven years after the entry into force of the Bribery Act 2010. The Act established the two basic crimes of giving and receiving bribes, and created the crimes of bribery of foreign public officials, and of the failure of Commercial organisations to prevent bribery. Before the 2010 Act the law of bribery had not been substantially changed for nearly a century.
Credit Risk Migitation: Eligibility of guarantees as unfunded credit protection - May 2018
In February 2018, the Prudential Regulation Authority (PRA) at the Bank of England published a consultation paper (CP6/18) on proposed changes to its Supervisory Statement 17/13 (SS17/13) on credit risk mitigation (CRM). The proposed changes would affect the eligibility of guarantees as unfunded credit protection for banks under the Capital Requirements Regulation (CRR) which BExA believed would have an adverse impact on UK exporters.