Your guide to this week in regulation
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Could the ongoing Financial Conduct Authority (FCA) investigation into the motor finance industry could be as big as the PPI scandal? David Morrey and Ben Farmer discuss the ongoing motor finance market review and what it could mean for the industry. Other developments discussed include: the overseas fund regime, PRA sector priority letters, an update on the Ringfencing Regime review, a near-record fine from the PRA, Labour’s FS policy, and much more.
Read our insight on FCA reviewing historical motor finance discretionary commission arrangements
Stay up to date with our latest round up of financial regulation.
Two recent ECB fines highlight risks in RWA misreporting and model governance failures. Learn what Basel 3.1 means for RWA accuracy, internal models, and board-level assurance.
Phase 1 SM&CR reforms are underway, streamlining compliance for in-scope firms to improve efficiency while maintaining robust accountability.