The APPG on Debt and Personal Finance has published ‘Tackling high-cost credit – how better regulation can protection vulnerable consumers’. This is the APPG’s official response to the Financial Conduct Authority’s call for input on high-cost credit including review of the high-cost short-term price cap.
The APPG’s publication follows a seminar on the FCA’s call for input on 8 February 2017. Guest speakers at the event were Christopher Woolard, Financial Conduct Authority executive Board member and Director of Strategy and Competition at the regulator; and Hugh Stickland, Chief Economist at Citizens Advice.
Read the APPG’s response to the FCA’s High Cost Credit call for input.