Pinsent Masons works on pivotal project to help protect cash services

27 Jan 2022 | 02:28 pm | 1 min. read

Multinational law firm Pinsent Masons has supported UK Finance in the establishment of a landmark commitment by the major retail banks to ensure the availability of core cash services across the UK.

The collaboration, achieved through the Access to Cash Action Group (CAG) marks the beginning of a commitment to ensuring widespread cash and banking access for communities where services are limited.

Under the new model, any community that faces the closure of a core cash service, such as a bank branch or ATM, will have its needs independently assessed by LINK. LINK will then determine whether a solution should be provided to meet that community’s cash needs based on the community as a whole – not just the customers or members of one bank or building society.

Pinsent Masons’ partners Angelique Bret, Angus McFadyen and Andrew Barber have been advising CAG and UK Finance on various aspects of the arrangements.

Commenting on the agreement, lead partner at Pinsent Masons Andrew Barber said:

“In an increasingly online world it’s easy to forget that access to cash is still vital for millions of people and it’s important to ensure that those that need to access it are able to. This unique collaboration is a fantastic step to achieving this and I am looking forward to seeing how the work of the group evolves and the positive impact they will have.”

LINK has already assessed most communities where closures have taken place over the past year and during 2022 they will provide free-to use ATMs across a number of communities, new dedicated cash services across 30 Post Office branches and shared banking hubs across parts of the UK.

Latest press releases

Show me all press releases

Pinsent Masons MPillay advises Ikigai Ventures Limited on its listing on the Official List (Main Board) of the London Stock Exchange

Multinational law firm Pinsent Masons MPillay has advised Ikigai Ventures Limited, a company acquiring target businesses that have a strong positive social impact and/or environmental, social and governance (ESG) strategy, on its admission to the Official List of the London Stock Exchange.

Pinsent Masons MPillay advises Fintech Asia Limited on its listing on the Official List (Main Board) of the London Stock Exchange

Multinational law firm Pinsent Masons MPillay has advised Fintech Asia Limited, a company acquiring target businesses in the fintech sector, on its admission to the Official List of the London Stock Exchange.

Pinsent Masons advises SOLA Group on renewable energy Power Purchase Agreement

Multinational law firm Pinsent Masons was appointed as sponsors legal counsel and advised South African energy company SOLA Group on its solar power initiative with Tronox, which will transform the manufacturing business’ electricity supply and support its 2050 net zero targets.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons hires corporate partner Francisco Aldavero in Spain

Multinational law firm Pinsent Masons has boosted its corporate capabilities with the hire of M&A and private equity partner Francisco Aldavero into its Madrid office.

Pinsent Masons advises on first PPP social infrastructure project financing in the UAE

Multinational law firm Pinsent Masons has advised HSBC, Intesa SanPaolo and The Norinchukin Bank on the Zayed City Schools public-private partnership (PPP) - the first social infrastructure project in the UAE “to achieve financial close”.

Pinsent Masons advises UMS Consulting on its acquisition by Expleo

Multinational law firm Pinsent Masons has advised the shareholders of UMS Consulting GmbH & Co. KG on the sale of their shares to Expleo Group S.A.S.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts