Ensuring Fair Treatment for Customers in Debt

  • Ensuring Fair Treatment for Customers in Debt

    • March 26, 2024
      • UK
    • Morisso

    A Joint Effort by UK Regulators In a joint letter published on 18th March 2024, the Financial Conduct Authority (FCA), Ofgem, Ofwat, and Ofcom have outlined their shared expectations for firms in the financial services, water, electricity and gas, and telecoms sectors regarding debt collection practices. ​ The regulators emphasize…

  • Portfolio letter: FCA expectations for Loan-based Peer-to-Peer Lending platforms

    • March 10, 2024
      • UK
    • Morisso

    On 15.01.2024, the Financial Conduct Authority (FCA) published a letter outlining the harms and risks associated with loan-based peer-to-peer lending platforms and the FCA’s strategy to address them. The document is a letter from the FCA (Financial Conduct Authority) outlining their expectations and strategies for Loan-based Peer-to-Peer Lending platforms. ​…