1st March 2012

Compliancy Services eNewsletter

OFT launches review into payday lending

The OFT has launched an extensive review of the payday lending sector. This is in part prompted by concerns that some payday lenders may be taking advantage of people in financial difficulty.

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FSA staff face investigation ban after viewing improperly obtained emails

Employees of the Financial Services Authority (FSA) could face being excluded from an investigation after they improperly obtained a firm's emails, it has been reported.

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FSCP urges more powers to be given to FCA under the Finance Bill

The incoming financial services bill should be amended to give the Financial Conduct Authority (FCA) greater powers to protect consumers, it has been suggested.

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