FCA writes to Boards of firms in CRAs and CISPs portfolio on key risks of harm and supervisory expectations
Regulatory Updates | 20/11/20
The Financial Conduct Authority (FCA) has published a letter sent to the Boards of Directors of firms in its Credit Reference Agencies (CRAs) and Credit Information Service Providers (CISPs) portfolio. The letter sets out the FCA’s view on the key risks of harm CRAs and CISPs could post to their customers and the market, outlines the FCA’s expectations of how firms should be mitigating these risks, and outlines the FCA’s supervisory strategy and programme of work.
