Welcome to Industry Minute
At Callcredit we understand how external changes such as
regulatory affairs increase business pressures on the credit
industry and for those engaged in tackling financial crime. We aim
to keep an eye on the future and incorporate what we see into our
services to benefit our customers.
The Industry Relations team believe it would be helpful to also
share information and insight with you - so that's what Industry
Minute is here to do.
Viewing Articles for October 2009
27 October 2009BIS has today published a Consultation on its Review of the Regulation of Credit and Store Cards.
Proposals set out in the Consultation will look at five key aspects of how credit and store cards currently work which BIS has identified could be giving rise to problems for consumers.
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20 October 2009The FSA has published the important Mortgage Market Review paper heralded in the Turner Report, setting out for discussion its views on how the mortgage market should be regulated in future.
A prescriptive approach to affordability assessment is signalled to protect consumers from themselves, rather than loan-to-value or loan-to-income caps which are not believed to be justified on current evidence.
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