Regulatory AlertsGuarantor loans: default notices: FG17/1
The Financial Conduct Authority issued Finalised Guidance FG17/1 on 19 January 2017 to provide regulatory direction on default notices for guarantor loans. This guidance follows the open consultation GC16/7 which closed on 25 November 2016 and establishes the firm's expectations for compliance. It serves as the definitive statement on how firms must handle default notices in the context of guarantor loan agreements.
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