As firms enter their fourth year of FCA regulation, the pace of regulatory change remains rapid and will continue in the next 12 months.
Major impending reforms include the introduction of the Senior Managers and Certification Regime and the General Data Protection Regulation, which together will have a significant impact on firms’ staffing structures and training, as well as how customer data is collated and shared. Lenders may also have to deal with large volumes of enquiries once the FCA’s two-year deadline for PPI mis-selling and Plevin-related complaints begins in June 2017. The resource implications could be considerable.
The FCA are expected, in addition, soon to publish proposals on credit worthiness and affordability, how they intend to deal with the remaining provisions of the Consumer Credit Act, and further measures as part of the recent Credit Card Market Study.
Conduct risk, fees and charges, governance, high cost credit and how firms deal with vulnerable consumers are also subject to ongoing scrutiny by the FCA.
This conference will bring firms up-to-date on all the latest regulatory developments and provide members with an opportunity for discussion and debate.
Who should attend?
Heads/Managers of Legal, Regulatory, Fraud and Compliance Departments, Development Managers and all those responsible for the regulatory changes in consumer, mortgage and small business credit markets.