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Lenders can help individuals in the economic recovery. In the age of accountable business, regtech goes beyond FCA compliance, to deliver with purpose. So how can lenders help if borrowers aren’t currently spending? They can help manage the burden of backdated payments.
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How can lenders survive and help others? What’s the new normal for financial services? What is ‘Breathing Space’? In the age of good governance, and in the context of the global pandemic, what can lenders do to support consumers whilst lending responsibly?
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EQ Credit Services’ Martin Kisby, Director of Compliance provides comment on the FCA’s announcement to review the unsecured credit market following ‘The Woolard Review’. The review comes after the use of buy-now-pay-later credit nearly quadrupled in 2020 to £2.7bn in 2020.
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At some point every Financial Services firm will see a complaint escalated to the Ombudsman and the most recent FOS report revealed a 50% year on year increase in complaint volumes.
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From kick-off to completion, it took only a month and a half to migrate Vodafone’s sizeable share register of 350,000+ shareholders with over half a billion records to Equiniti. The secret to such speedy success? Pulling out all the stops with thorough governance measures, concurrent workstreams, constant communication and detailed planning, preparation and organisation.
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Welcome to our monthly bulletin of what’s happening within the regulatory environment that impacts the share registration and employee share plans space.
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