Demsa

In today’s bulletin: General update Debunking data protection myths about AI FCA writes to claims management firms (CMCs) and other portfolio letters Intelligibility - Consumer Understanding - the next challenges - 27/2/2025 Priority Services Register (PSR) enrolment and safe data sharing Collaborations Events General update Where is our world heading as Canada and Mexico announce retaliatory tariffs after the US imposes 25% import taxes on goods from the 2 countries, as well as a 10% tax on China. AstraZeneca has… Read more

In today’s bulletin: General update Does your Financial Crime Policy cover Money Mules? FCA update on open banking including Variable Recurring Payments Customer vulnerability disclosures in the supply chain Scottish Debt Solutions - Q3 2024/25 Personal Insolvency statistics for 2024 FOS Strategic plans and budget Collaborations Events General update The BBC has reported that US President Donald Trump has said PM Sir Keir Starmer has done a "very good job thus far" and that the pair have a "very good… Read more

In today’s bulletin: General update Citizens Advice report – ‘How poor debt advice is pulling people into inappropriate IVAs’ Ofwat consultation on Priority Service Registers (PSRs) – responses, including DEMSA Collaborations Events General update As referenced before Christmas, don’t mention Tulips ahead of Spring. Tulip Siddiq has now resigned as a Treasury minister. Lord Mandelson has praised Trump ahead of his inauguration. The comments are a stark contrast to comments in 2019, when he called Trump a "danger to the… Read more

In today’s bulletin: • General update• Responsible gaming through innovation• Intelligibility (consumer understanding) event on 27 February 2025• The Insolvency Service - Starting journeys out of debt in the New Year• Important Scottish insolvency changes from 20 January 2025• Frank Brown feature – Outcome owners or Risk owners?• Collaborations• Events General update Temperature drops to -18.9C in a Highland village. Across Scotland, Scottish Water said it had recorded a 30% increase in water pipe bursts on its network of water… Read more

In today’s bulletin: General update New Year Resolution - do more to combat the threat of cyber-attacks Blog by Nigel Bryant on fully deploying your ‘Vulnerability Toolkit’ in 2025 Summary of FCA priorities with retail banks in 2025 Events General update Data from the Money Wellness website showed that 3,994 people visited the website on Christmas Eve, Christmas Day, and Boxing Day seeking advice on dealing with unmanageable debt. The figures come ahead of another year of rising living costs.… Read more

In today’s bulletin: General update MaPS 2023/24 impact report Impulsive decision making Personal insolvency statistics – November 2024 Collaborations General update Interest rates held until next review in February 2025 I have posted on this after the announcements yesterday. UK interest rates have been held at 4.75% after the Bank of England voted to keep borrowing costs unchanged. In the minutes from the meeting, the Bank of England said there was uncertainty "around how the measures that had been announced… Read more