Regulatory Alerts2023-09-20
Added · Updated
PS24/3: Consumer Credit – Product Sales Data Reporting
The Prudential Regulation Authority and Financial Conduct Authority issued Policy Statement PS24/3 to finalize rules on product sales data reporting for consumer credit firms. The document mandates that authorized firms submit detailed data regarding the sale of credit products to enhance market transparency and regulatory oversight. This policy establishes the specific requirements and timelines for firms to comply with the new reporting obligations effective from the publication date.
Topics
Share