Date of meeting: 17 November 2021
Location: This meeting took place via video/audio link
Item 1 – Standing agenda items
3 November 2021 minutes
The Chair explained these minutes will be published alongside the public update report in December.
Sharing information on stakeholder management
Item 2 – Project Update
Next steps/ timetable
Eversheds confirmed that the process of formulating appropriate industry-wide commitment statements to the provision of wholesale cash is underway, and they are currently finalising a plan to deliver these.
Target publication date
The Bank raised that it could be beneficial to publish the public update document on the 15 December to align with the Cash Action Group (CAG) announcement. This would provide a joined up view of the industry commitments to the provision of both wholesale and retail cash.
The Bank explained that Natalie Ceeney, who is leading the CAG work, was supportive of this approach.
WDSG members agreed to target the 15 December for publication, provided the current work had progressed sufficiently.
Item 3 – WDSG Communications Review Group Update
The Bank provided an update on the work of the WDSG Comms Review Group, and explained that a revised version of the public update has been circulated to attendees for review ahead of the next meeting which is scheduled for 18 November.
Item 4 – Review Action Log
Actions were reviewed and closed where applicable.
Item 5 – AOB
Bank of England: Sarah John (Chair), Nick Butt, Elisabeth Bertalanffy-Fournier, Ronan McClintock, James Best, Molly Galligan
Eversheds: Ros Kellaway, Russell Saunders, Mark McLintock, Victoria Pickard
Barclays: Tim Allen
HSBC: Sue Yarham
Lloyds Banking Group: Richard Hill
Natwest: Richard Talbot
Santander UK: Robert White
Post Office: Russell Hancock
HM Treasury: Derek Dunne
Virgin Money: Derek Walker
G4S: Paul Van Der Knapp
TRM: Andrew Mills
Vaultex: Phil Vaughan
Martin Barrett (Lloyds), Kevin McMullan (Danske), Julie Fitzgibbon (BOI), John Garret (AIB), Anne Jessopp (TRM), Trystan Richards (Eversheds), Chris Barnes (KPMG), Simon Walker (KPMG), Azin Roussos (HMT)