FIsion Blog

A watching eye on financial services regulation

Are we nearly there yet? Further steps along the journey to developing a compliant dedicated interface for TPP access

On 9 November the API Evaluation Group published its long awaited statement of recommended functionalities for the APIs banks and other payment service providers – ASPSPs- will be...

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And another one… the draft Brexit amendments to the Payment Accounts Regulations

In the midst of the raft of Brexit related statutory instruments being published by the government in recent weeks, HM Treasury has published a draft version of the Payment Accounts...

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The FOS regime – changes in scope – some you win, some you lose!

The FCA has recently published its plans to extend the scope of the FOS regime and also to increase the compensation awards which can be made.

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Lessons learnt? A cautionary tale for consumer credit lenders.

On 15 October 2018 the FCA published a "Dear CEO" letter addressed to lenders in the High Cost Short Term Credit (HCSTC) sector. Many lenders in this sector have seen a rapid rise in...

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The FCA consults on new SM&CR guidance on statements of responsibilities and responsibilities maps

On 11 October 2018, the FCA published a guidance consultation for FCA-authorised firms on preparing statements of responsibilities and responsibilities maps under the Senior Managers and...

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