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UK Structured Products Association welcomes Barclays as a new member

24 Feb 2020: Today, the UK Structured Products Association ("UKSPA") announces that Barclays will join as a new member with immediate effect. This brings the total membership of the UKSPA to 17 firms.

Barclays is a British universal bank, diversified by business, by different types of customer and client, and geography. Businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by the service company which provides technology, operations and functional services across the Group.

Zak De Mariveles, Chairman of the UKSPA, comments on the new member:

"We are delighted to welcome Barclays, one of the most important banks in the UK, as a member of the UKSPA. The changing regulatory environment, combined with the many challenges facing investors today, mean it is more important than ever to have strong and influential trade bodies to provide an open forum that help shape the future of our industry. As we start a new year, we have a number of exciting projects planned to help meet our objectives of providing support and education to the wider investment community and we are delighted that Barclays will be involved in these projects and working alongside our existing members.

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Representing the collective interests of leading structured product manufacturers in the UK

The UK Structured Products Association ('UKSPA') is a membership organisation established by the leading manufacturers of structured products in the UK. UKSPA provides a unified voice for its members, working with regulators, financial advisers and other trade bodies. It serves a number of important functions, including engaging with regulators, developing best practice guidelines, educating the investment community and providing a useful source of information for manufacturers, financial advisers and retail investors within the UK.

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