Regulatory AlertsPS23/5: Debt Packagers: Feedback to CP23/5 and final rules
The Financial Conduct Authority issued Policy Statement PS23/5 to provide feedback on consultation paper CP23/5 and implement final rules regarding debt packagers. The document outlines the regulator's responses to stakeholder comments and establishes the definitive regulatory framework for entities packaging debt. This policy statement formalizes the requirements for debt packagers following the consultation period that ran from February to March 2023.
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