Late last year, HM Treasury released a consultation into reform of the Consumer Credit Act (CCA). This forms part of the package of measures introduced under the 'Edinburgh Reforms' on 9 December … [Read more...] about UK Treasury consults on reforms to Consumer Credit Act
The growth of green finance for a net-zero future
One of the key themes at COP27 is finance, with the aim of making significant progress on this issue to help achieve the goals set out in the Paris Agreement. Achieving net-zero carbon emissions and … [Read more...] about The growth of green finance for a net-zero future
Bank of England reports on AI in financial services
The Bank of England has published its report "Machine Learning in UK Financial Services". The report sets out its findings, following a survey of around a hundred regulated firms in the UK. It … [Read more...] about Bank of England reports on AI in financial services
UK discussion paper on AI and ML in financial services
The UK's financial services regulators - the Bank of England, the Prudential Regulation Authority and the Financial Conduct Authority (together, the Supervisory Authorities) - have jointly published a … [Read more...] about UK discussion paper on AI and ML in financial services
FCA to regulate pre-paid funeral plan sector
From 29 July 2022, the Financial Conduct Authority (FCA) will start regulating the pre-paid funeral plan sector. Anyone that intends to continue providing, or selling, pre-paid funeral plans from this … [Read more...] about FCA to regulate pre-paid funeral plan sector