The recent developments in relation to the FCA's Credit Information Market Study intervention

In December 2023 the Financial Conduct Authority (FCA) published the final report in its Credit Information Market Study (CIMS).  In the report, the FCA sets out the direction of travel in delivering a set of remedies to ensure the high quality of credit information for UK consumers with a view to improving financial inclusion and enabling better-informed lending decisions. In this issue we provide an update on what the FCA has been doing since the publication of its final report to drive its proposed remedies forward and the possible next steps in its intervention.

Read what these developments are

An update on the FCA's recent review of Consumer Duty Outcomes Monitoring across the insurance industry

On 26 June 2024, the Financial Conduct Authority (FCA) published key findings from its December 2023 multi-firm review of larger insurance firms' approaches to outcomes monitoring under the Consumer Duty. While the review relates to insurers, insurance intermediaries and outsourced service providers operating within the insurance sector, the FCA has stressed that all retail financial services firms in other sectors should also consider these findings.

Read here to learn what those findings are and the FCA's expectations on how to monitor Consumer Duty outcomes

Could the new Labour government give green home finance the boost we've been waiting for?

In this section we share our insights on the current state of green home finance and the possible next steps for the Government to support the development of the green home finance market.

Click here to read our insights on Green Home Finance

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