The Financial Conduct Authority issued Policy Statement PS24/3 to finalize rules regarding product sales data reporting in the consumer credit sector. The document establishes requirements for firms to report specific data on consumer credit products to enhance market transparency and regulatory oversight. This policy statement follows a consultation period that opened in September 2023 and closed in November 2023 before its publication in April 2024.
Consultation opened
27/09/2023
Consultation closed
15/11/2023
Policy Statement published
29/04/2024
29/04/2024