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 2010
15 October 2010BIS has issued its initial Call for Evidence, “Managing Borrowing and Dealing with Debt” to gather views and consider how consumer credit and personal insolvency could be further reformed.
The Coalition Agreement previously set out commitments on reforming the regulation of financial services and stopping unsustainable lending. These are presented for feedback alongside other ideas.
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19 August 2010BIS has now issued guidance on the Regulations implementing the Consumer Credit Directive.
The Guidance provides ‘plain English’ interpretation of the Regulations which were passed earlier this year, to help businesses as they prepare for these to come into force early next year.
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27 July 2010HM Treasury has now launched its consultation on reform of the financial regulatory framework.
As pre signalled, this will include creation of a Financial Policy Committee, Prudential Regulation Authority, and Consumer Protection and Markets Authority.
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