What you need to know this week
Mortgage rates are increasing despite a reduction in the Bank of England rate due to fiscal policies affecting economic predictions.
The FCA is consulting on extending the time motor finance firms have to handle commission complaints following recent legal judgments.
Regulatory compliance costs are soaring, with calls for a review to address the impact on innovation and market competition.
PayPlan is the first IVA provider to fully adopt the IVA Integrity Score to assess the sustainability of proposals.
Privacy Enhancing Technologies tool launched to help firms assess the adoption benefits versus costs.
GamCare urges financial services providers to monitor for signs of harmful gambling in transactional data.
Upcoming joint statement by FCA, ICO, and TPR emphasises compliance with UK GDPR in retail investment and pensions communications.
Operational resilience rules for critical third parties in the financial sector set to take effect in January 2025.
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