Year: 2018

The New Regime

News & Opinion
The FCA has been talking about the Senior Managers and Certification Regime (SM&CR) for some time. The aim according to the regulator is “to reduce harm to consumers and strengthen market integrity…

First CFA Conference a success

News & Opinion
The first CFA conference took place in Birmingham last week. The day went well, and we had a full agenda for attendees. Attendance came mostly from CFA members (lenders, brokers and associates),…

What’s happening on household debt?

News & Opinion
Household borrowing has hit the news again in the last couple of weeks. The publication of research reports, along with an interest rate rise from the Bank of England, has seen commentators…

FCA- Approach to Consumers

News & Opinion
Last week the Financial Conduct Authority (FCA) published its Approach to Consumers documents. The document sets out: The FCA vision for well-functioning markets that work for consumers; The relevant regulatory and legal…

FCA Loan Fee Fraud Campaign

News & Opinion
The FCA has recently launched a campaign to highlight the issue of loan free fraud. We are supporting the campaign to make consumers aware that they might be targeted. If you’re asked…

Tackling the loan sharks

News & Opinion
The England Illegal Money Lending Team (IMLT) was set up in 2004. Initially created as a pilot scheme in Birmingham to investigate loan sharks, it had such an impact on illegal money…