In today’s bulletin:
General update
FCA action against TSB – lessons learned
New ICO data protection audit framework
BSI ISO 22458 update
Collaborations
Events
General update
We are coming up to the deadline for some on the FCA Fair Value Assessment response by 18 October 2024. We are able to provide support if not already requested. As covered in the bulletin last week, some regulated firms also have the Stage 2 Customer Support RFI deadline on 16 October 2024. It is worth looking at the feedback from the FCA on payment service providers, which covers both Customer Support and Fair Value Assessments.
Link: https://www.linkedin.com/pulse/fair-value-assessments-fvas-commercial-uieuc/
Mortgage default rates on the rise
The latest Bank of England of England data has reported that lenders have seen mortgage defaults rose in the 3 months to the end of September 2024 and are expected to do so again in the last 3 months of 2024. This may add to the consumer confidence malaise after the 100 ...
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