News | Consumer Credit Compliance

What can the consumer credit sector expect from the FCA? A speech by the FCA’s Jonathan Davidson at the Credit Summit, London Speaker: Jonathan Davidson, Executive Director of Supervision – Retail and Authorisations Event: Credit Summit, London Delivered: 21 March 2019 Note: this is the speech as drafted and may differ from the delivered version Highlights There has been […]

ICO raids businesses in Brighton and Birmingham suspected of making millions of nuisance calls

21st March 2019

Victoria Neame

The Information Commissioner’s Office (ICO) has searched two addresses as part of an investigation into businesses suspected of making live and automated nuisance calls. It said: “Following a year-long investigation, two teams of ICO enforcement officers executed search warrants at offices in Brighton and Birmingham on Tuesday 12 March. The businesses are suspected of making […]

We are delighted to be a part of the Saint Michael’s Hospice Business 500 Club

20th March 2019

Victoria Neame

We’re delighted to announce that we are now officially part of the Saint Michael’s Hospice Business 500 Club! Business 500 is a way for businesses to partner with the charity in order to help them achieve their goal of offering care and support to more local people. According to the hospice, our donation will make […]

FCA Motor Finance Report – what does it mean for the industry?

18th March 2019

Victoria Neame

The FCA published its report on the motor finance industry on 4th March in which it looked to address unclear and excessive motor finance costs. In it, the FCA said it is considering changes to the way in which commission works in the motor finance sector after uncovering serious concerns about the way in which […]

FCA reveals findings from first cryptoassets consumer research

12th March 2019

Victoria Neame

The Financial Conduct Authority (FCA) has today published two pieces of research looking at UK consumer attitudes to cryptoassets, such as Bitcoin or Ether. The research includes qualitative interviews with UK consumers and a national survey. It said: “The qualitative research indicated some potential harm, including that many consumers may not fully understand what they […]

FCA action delivers £80 million savings in fees for credit card customers

12th March 2019

Victoria Neame

In recent years, the FCA has focused on reducing the risk of harm that flows from customers being in debt that they cannot afford to repay. Some key areas of work have included: Targeted supervisory work to mitigate the risks from poor culture and practice in firms and to ensure that firms only lend to […]

What can the consumer credit sector expect from the FCA? A speech by the FCA at the Credit Summit…

ICO raids businesses in Brighton and Birmingham suspected of making millions of nuisance calls

We are delighted to be a part of the Saint Michael’s Hospice Business 500 Club

FCA Motor Finance Report – what does it mean for the industry?

FCA reveals findings from first cryptoassets consumer research

FCA action delivers £80 million savings in fees for credit card customers

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