Sector Group
Asset Management
"Scotland's banking industry has a rich history of supporting enterprise, innovation and economic growth. Building on that heritage, we have an important role in helping Scotland seize future opportunities, supporting businesses and communities while working collectively to address challenges such as financial inclusion, fraud and cyber security."
Chair: Kevin Havelock, NatWest
Objective
To bring together SFE members to drive action, strengthen Scotland’s banking sector and support its contribution to businesses, communities and the wider economy.
Strategic Focus
Improving financial inclusion
Support work to reduce the number of people in Scotland who are unbanked and improve access to appropriate financial services.
Providing economic insight
Bring together expertise from across the banking sector to provide insight on Scotland’s economy to key stakeholders and government.
Tackling fraud and cyber security
Strengthen collaboration across the industry to address fraud, cyber security and other shared risks.
2026 Priorities
Schools Banking Pilot
Support the delivery and development of the Schools Banking Pilot, helping young people build financial knowledge and access banking services.
Schools Banking Pilot sessions
Deliver dedicated education sessions to support the pilot and strengthen financial education and engagement with participating schools.
Providing economic insight
Bring together banking sector expertise to provide economic insight to government and other key stakeholders when required.
Activity
Fraud and Cyber Security Workstream
Established a dedicated Fraud and Cyber Security Workstream to strengthen collaboration across the sector and share insight on emerging risks and priorities.
Schools Banking Pilot
The Schools Banking Pilot is now underway, with initial sessions delivered in two schools and further sessions planned for later this year. The pilot combines financial education with practical banking experience to help young people build their financial knowledge and confidence.
Advice and guidance
Working with the Wealth Management and Life & Pensions Groups, alongside industry partners, to explore developments in advice and guidance, targeted support and the evolving regulatory landscape.
Members
Cross-Group Collaboration
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