FCA Covid-19 impact survey

Regulatory Updates | 27/07/21

The FCA is running its Covid-19 Impact Survey for a fifth time. The survey will be sent to firms in tranche 1, including:

  • High Cost Lenders
  • Credit reference agencies and providers of credit information services
  • Debt purchasers, debt collectors and debt administrators
  • Mainstream Consumer Credit Lenders

The survey will include ten questions in total, designed to give the FCA information about the following areas:

  • Liquidity/ cash availability and needs
  • Recent financial performance
  • Scale of business activity
  • Access to government schemes

The survey will be sent in batches, with firms receiving a warm-up email a week before:

Batch 1: to be sent on 2 August 2021 – response due by 23 August 2021
Batch 2: to be sent on 3 August 2021 – response due by 24 August 2021
Batch 3: to be sent on 4 August 2021 – response due by 25 August 2021
Batch 4: to be sent on 6 August 2021 – response due by 27 August 2021

Source: FCA