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There are other key issues for which Keaney will take up the baton and fight for members' interests, striking a delicate balance between being vocal on behalf of the industry and ensuring a good dialogue behind the scenes with authorities.
"We clearly want to work with regulators in terms of getting the best and most appropriate solutions for members," he says, using the example of the new lease accounting rules that will initially require some larger companies to show leased assets on their balance sheets. "At one level it's inappropriate for our sector - it's very hard to see how a single accounting standard can cover off nuclear power reactors at one end of the continuum to cars at the other."
He feels vehicle leasing has been caught up in regulatory process without necessarily being the target. Therefore, his goal is to work with regulators to ensure any legislation is "implemented sensitively" to members' needs. This is one example of where Keaney wants the BVRLA to be involved in the forging of regulations to help the rule-makers understand the implications, and have them implemented in the most efficient and appropriate way.
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