Following feedback to its July 2024 Call for Input (CfI) on placing greater reliance on the Consumer Duty instead of specific rules and guidance, ...
The Financial Conduct Authority plans to roll out guides for small firms to help them implement outcomes-based regulations.
The FCA has given a timeline for when it plans to discuss changes to mortgage guidance and regulation and retire certain ...
In a consultation paper published Tuesday, the FCA detailed its plans for slimming down regulation and easing the industry’s ...
such as its maturing interest-only mortgage guidance”, adding that this overlapped with its new consumer duty rules requiring financial institutions to ensure they treat customers fairly.
Strict rules on how mortgage information is disclosed to borrowers are “too prescriptive” and prevent firms from taking a ...
Britain's Financial Conduct Authority is weighing changes to disclosure rules on mortgages, lending and savings products to ...