There is a FCA roadshow webinar featuring a question and answer session on its consultation paper, CP15/6: Consumer credit – proposed changes to our rules and guidance.
This is a one hour session with the main topic areas including credit broking, web domain names, guarantor lending and peer to peer lending.
For general information, or if you are active in any of the above areas, you can sign up to listen to the webcast here.
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It is more than a year since the FCA took over consumer credit authorisation and it is clear they are open-minded about their future approach to supervision, be it either the current principle based or a more prescriptive approach.
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The FCA has issued another alert aimed at firms advising on pension transfers or switches into SIPPs to accommodate non-mainstream investments.
Are you communicating clearly?
The changes outlined in the FCA’s Mortgage Market Review come into being on 26th April. This article acts as a reminder to firms of the changes. Please ensure that the updated processes and documents are now in place.
The Transition from Pre-RDR to Post-RDR Unit Classes
Steve Bailey Compliance 2016, FCA, Switch
Changing customers to post-RDR unit classes – important guidance.