The FCA's chief says the changes would "support home ownership and opening a discussion on the balance between access to lending and levels of defaults".

The FCA's chief says the changes would "support home ownership and opening a discussion on the balance between access to lending and levels of defaults".
Loan-to-income caps and financial stress-testing rules are believed to be among the areas being considered for reform.
The FCA says it is increasingly seeing firms trying to avoid potential or actual liabilities.
The regulator has fined Arian Financial for failings relating to cum-ex trading.
A third of respondents paid a fee based on a percentage of the loan sum in spite of Consumer Duty regulation.
Beth Yolland-Jones, clinical expert at duty of care assessment company Comentis, explains how, not only are we all susceptible to financial vulnerability, but we’re each...
Andrew Gething, managing director at MorganAsh, breaks down concerns around recording and storing customer vulnerability data, and explains how they can be overcome.
Richard Farr, non-executive director at duty of care assessment company Comentis, outlines the progress that's been made on financial vulnerability in 2024 and the process that all...
Directors were able to fraudulently change details about the firm's public entry on the FCA’s interim permission register.
Dance transferred over £64 million from client accounts of Vertus and WealthTek to accounts he controlled.