DEMSA Column: Contactless / MaPS funded debt advice / Open Banking

In today’s bulletin:

General update Consumer driven change - contactless limit increased? MaPS funded debt advice impact report 2024/25   FCA/PSR update on open banking in 2025 FS25/6 - Update to the FCA Mortgage Rule Review Personal insolvency stats – November 2025 StepChange November 2025 statistics Collaborations Events

General update I attended the MaPS SFS governance group last week and we are on schedule for the latest SFS figures to be implemented by the first Monday in April 2026. We also looked at the government debt strategy into 2026. Looking back over 2025, the Fairness Group has:

Brought cross-sector input into key government initiatives, including DWP’s PAFER Bill and HMRC’s restart of Direct Recovery of Debt (DRD) Published the third instalment of our Public Sector Toolkits – the Communications Toolkit – to help government improve and strengthen its debt communications Agreed the Ability to Pay Report in February 2025 and already started delivering against its r...

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