Consultation response

In light of the rising cost of living, the FCA is consulting on strengthening protections for borrowers in…

We have responded to the government’s consultation on reforming Help to Save, including recommendations to expand the range of providers who can offer a Help to Save account to include credit unions.

Last month we responded to the Treasury’s initial consultation on reforming the Consumer Credit Act 1974 (CCA), which governs the regulation of billions of pounds of lending every year.

Our research has revealed there are 17.5 million people in financially vulnerable circumstances in the UK, and further…

We’ve responded to the Financial Conduct Authority’s Credit Information Market Study. Credit information gives insight into an individual’s…

We responded to the Prudential Regulation Authority’s (PRA) recent consultation on changes to the credit union regulatory regime. 

Overall our response is supportive of the proposals as a way to increase the resilience of the credit union sector.

We have provided feedback on the PRA’s expectations around capital requirements, which we believe should be more supportive of the role of external investment in driving the sustainable growth of credit unions. 

Read our response to the Government’s dormant assets consultation – a key opportunity in the fight against financial exclusion

Last week we responded to the Financial Ombudsman Service’s (FOS) consultation on its future funding model, calling for updates…

Read our responses to the Future Regulatory Framework Review and the consultation on a new Consumer Duty

Read our response to the FCA’s consultation on bringing in a new Consumer Duty for financial services firms