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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ATEB Suitability provides report writing software for the financial services market.
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.
We have developed an online training course to assist T&C supervisors demonstrate competence in their role.
We have completed the latest upgrade to ATEB Suitability on 14th August 2022. This update comes at no additional cost and provides various template related enhancements as well as a new addition to our content integration library. Full details of the enhancements can be found in the tables below, but some of the highlights are: […]
In our previous article following the issuance of FCA’s Policy Statement PS22/11, we covered the Regulator’s rationale for changes to the Appointed Representative (AR) regime and the outcomes it is looking for. This article looks in more detail at the new rules and requirements and the wider impacts of the revised requirements.
FCA recently published Policy Statement (PS22/11) announcing some key changes to the Appointed Representatives (AR) regime, affecting both AR firms and their Principals.
Consumer Duty starts to take hold
Lisa Cross Compliance
Consumer Duty rules will take full effect from 31 July 2023. However, it is starting to show its face already. This message is now appearing on Connect in some circumstances. “The majority of firm types that need to apply for authorisation or existing firms seeking to vary their permissions will need to comply with […]