FCA urges stricter criteria for high cost lenders

Tom Brown

August 06, 2020 03:15 PM

FCA_Alamy_230x150 — TCNMPB The FCA logo is seen on an LED screen in the background while a silhouetted person uses a smartphone in the foreground (Editorial use only) | Alamy Stock Photo

The UK’s Financial Conduct Authority (FCA) has laid out expectations for how repeat non-bank lenders should behave once they resume lending, pushing firms to make operational changes to improve customer welfare.

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Tom Brown