FCA Portfolio Strategy – Mainstream Lenders

Regulatory Updates | 02/12/20

On 2 December 2020, the FCA published a letter it had sent to the board of directors of firms assigned to the mainstream consumer credit lenders portfolio. In terms of areas of focus for the FCA, the letter covers: affordability, treatment of customers in arrears, embedding of regulatory changes, transparency of pricing and features and Brexit.

GO TO LETTER +