Summer 2022

Published 05 July 2022

TransUnion presented on the emerging trends identifed from the perspective of a CRA. The FCA provided an outline of the team’s work and how best to engage with them. They also updated on how they approach the regulation of CMCs. There was also a chance to discuss other developments on CMCs and an update from CCTA.

CCTA Magazine: 2022 Issue Two

Published 22 June 2022

Welcome to this post conference edition of CCTA magazine. As many of you will know we held our first annual conference in over three years in late April. We were delighted to have so many members join us on the day, and for our networking dinner held the night before.

CCTA comment on FOS future funding paper

Published 16 June 2022

On Tuesday the Financial Ombudsman Service (FOS) released its long-awaited discussion paper on its future funding model. For some time, we have been engaging with the FOS on its funding model and the burden it places on the alternative lending sector. We have been clear that the organisation needs a more sustainable model moving forward.

CCTA Inform: Summer 2022

Published 09 June 2022

CCTA Inform is an essential ‘easy read’ publication, exclusively available to members. This issue covers March 2022 to May 2022. During this period, we have collected details of legislation, regulatory updates and other announcements that may be of interest. Members should also ensure they are subscribed to our weekly CCTA Update email to be kept up to date with the latest industry news.

CCTA Conference: 2022 presentations

Published 27 April 2022

In 2022 the Conference focused on a range of themes including new innovations in lending and how lenders can best serve customers, especially those in difficulty. Delegates also received a presentation from the Illegal Money Lending Unit and a fireside chat with the FOS.

CCTA response to the FOS final plans and budget 2022/23

Published 30 March 2022

We are disappointed that the FOS has decided to implement the proposals it consulted on earlier this year, despite the feedback it has received. For some time, we have been talking about the financial pressure our members are under from the current fee structure of the FOS.

CCTA Conference: 2022 brochure

Published 26 March 2022

We are very pleased to be able to welcome you to the first CCTA conference in over two years and my first one as Chief Executive. It would be fair to say that a lot has happened to the sector and the CCTA in that time. The location and format are different than previous conferences, our hope is that you will find the line-up varied and informative. We aim to bring you an agenda that allows you to hear from important stakeholders and share ideas with your industry colleagues.

CCTA Inform: Spring 2022

Published 24 March 2022

CCTA Inform is an essential ‘easy read’ publication, exclusively available to members. This issue covers December 2021 to February 2022. During this period, we have collected details of legislation, regulatory updates and other announcements that may be of interest. Members should also ensure they are subscribed to our weekly CCTA Update email to be kept up to date with the latest industry news.

CCTA comment on CSJ report on tackling illegal money lending

Published 21 March 2022

We welcome this new report and this study into the scale of illegal money lending. Even before the current cost of living crisis, we have talked about the increasing problem of loan sharks and the real pain they cause to families across the UK. It is now estimated that over one million people are relying on illegal lenders.

Activity update: Home-collected credit

Published 15 March 2022

Towards the end of 2021, we pushed for the FCA to take a strategic look at what was happening in high-cost credit, with home-collected being the focus of much of the discussions. This led to the launch of a review in the closing days of last year, which involved the FCA speaking to a range of lenders, investors, and trade associations. I know that some of you will be interested in hearing more about what we have said and done. Later in this paper, I have set out some of the messages that we have communicated in more detail.

CCTA Magazine: 2022 Issue One

Published 10 February 2022

Welcome to the first edition of CCTA Magazine for 2022. We certainly plan on doing more to bring our network of members together. One of the major ways in which we hope to achieve this is with the return of an annual conference. This year’s conference will take place in Liverpool on the 27 April, with a networking dinner for members the night before.

Winter 2022

Published 09 February 2022

Jeanette Burgess, Partner and Head of Regulatory and Compliance at Walker Morris, provided a view of what the year ahead will bring from a regulatory perspective. This included current FCA initiatives and other key issues for the alternative lending sector. The CCTA team also provided an update on campaigning activity and wider work.