DEMSA update: CP23-21 / CSA Vulnerability / Data Protection / AI / Loan Sharks / Training / Events and more…

In today’s bulletin

General updateCP23/21 – FCA Product Sales Data (PSD)CSA vulnerability discussion paperFCA complaints dataScottish Statutory Debt Solutions Statistics: July to September 2023 (2023-24 Quarter 2)EventsVulnerability Management and Consumer Duty training

General update

Happy birthday to Peter Wordsworth for last week.

The FCA October Regulation Round-up is out and the FCA CEO, Nikhil Rathi, has reminded firms of the FCA ambitions as a data-driven regulator.

We are also closely monitoring how firms are complying with the new, higher standards of our Consumer Duty and welcome the effort the industry has made. We will assertively supervise and effectively enforce against activities which undermine effective competition and good consumer outcomes.

FCA – AI and ML – FS23/6

Further to recent FCA speeches around AI, the FCA and the Bank of England have summarised responses to their joint Discussion Paper on Artificial Intelligence (AI) and Machine Learnin...

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