Compliance Insights Articles

The FCA have updated their good practice and areas for improvement webpage with extra insight on how smaller firms can meet the requirements. The key points are: The FCA want smaller firms to feel confident in delivering the Duty via a proportionate approach based on their size and activities. They found areas of good practice from firms of all sizes and as such, much of the good practice cited applies to firms of all sizes: all firms should be able to monitor customer outco

FCA Regulatory Update Here is our March regulatory update, bringing you up to speed with what's going on in the world of the FCA and ICO. Credit Information Market Study The FCA are consulting on proposals to improve how consumer credit information is shared . If the proposals go ahead, firms that share information with one Designated Consumer Credit Reference Agency (DCCRA) will need to share the information with other DCCRAs to ensure that more comprehensive and better-qual

Obtaining FCA authorisation is a critical step for businesses operating in financial services, debt collection, and consumer credit sectors. The process can be complex and demanding, requiring a clear understanding of regulatory expectations and thorough preparation. I want to share practical insights and guidance to help you approach FCA authorisation with confidence and clarity. Understanding FCA Application Support UK When applying for FCA authorisation, many businesses fi

This article explains how to conduct consumer duty board reporting

Navigating the complex regulatory landscape in the UK financial services, debt collection, and consumer credit sectors requires a solid understanding of compliance requirements. Staying up to date with the latest rules and best practices is essential to avoid penalties and maintain trust with clients and regulators. This training compliance guide UK aims to provide practical insights and highlight essential training resources that can help businesses confidently meet their re

An update on the CCA reforms, consumer credit act reforms