October 2024
The FCA has confirmed the introduction of new reporting requirements for consumer credit firms, the significance of this change may have slipped under the radar for many with an assumption it will only necessitate tweaks to existing MI gathering exercises. However, given the granularity of data required, and how the FCA may use the results, under-estimate the impact of these changes at your peril.
In this article, we consider how firms can implement the FCA's requirments effectively and leverage them as part if their own internal customer outcomes monitoring.
FCA Consumer Credit Product Sales Data
How to successfully meet the FCA’s requirements
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