This week has provided another useful insight into the FCA’s current priorities and direction of travel. One of the most significant developments was the FCA’s announcement of proposals to make it easier for more consumers to access mortgages. The regulator is exploring changes that could improve access for first-time buyers, older borrowers and the self-employed. While the detail relates to mortgages, the broader message is noteworthy. The FCA continues to talk about supporting growth, innovation and access to financial services.
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