Since our last publication, the FCA have launched a survey of mortgages in the UK. In other news, the FCA and the FCA Practitioner Panel have published the findings from their 2017 survey of FCA-regulated firms.

UK

Mortgage research: a message for respondents

The FCA have launched a survey of mortgages in the UK, collecting information that will help it understand more about people with mortgages and how they are managing them. This survey will take place during August and September 2017.

FCA, 3 August 2017

The FCA and the FCA Practitioner Panel publish the findings from their joint survey of industry views

The FCA and the FCA Practitioner Panel have published the findings from their 2017 survey of FCA-regulated firms. The survey gives a view across the financial services sector of the FCA’s performance as a regulator. It provides the opinions of more than 2,000 regulated firms who completed the survey in March and April this year.

FCA, 3 August 2017

FCA consultation paper on client money and unbreakable deposits

The FCA has published a consultation (CP17/29) on client money and unbreakable deposits, setting out changes to the Client Assets sourcebook (CASS). Some investment firms are experiencing difficulty depositing client money at banks in accordance with CASS requirements and the proposals are intended to address the potential harm caused to consumers. Comments are required by 1 November 2017.

FCA, 1 August 2017

PSR consults on proposals to improve switching of Facilities Management providers

On 4 August 2017, the Payment Systems Regulator (PSR) published a consultation (CP17/1) on proposals to change the Direct Debit rules relating to the switching of Facilities Management providers.

PSR, 4 August 2017

EU

EBA discussion paper on approach to FinTech

The EBA has published a discussion paper on its approach to FinTech.

EBA, 4 August 2017