The Prudential Regulation Authority (PRA) has confirmed that it will publish a Discussion Paper (DP) this summer, aimed at improving access to Internal Ratings Based (IRB) model permissions for residential mortgages among mid-tier banks. The IRB approach, which allows firms to use their own credit risk models to determine capital requirements, rem...
31 July 2025
The trajectory of the Discretionary Commission Arrangements (DCA) investigation is becoming increasingly difficult to ignore. A Supreme Court judgment is expected on 1st August, and the FCA’s policy statement PS24/11 has already laid out a potential path towards industry-wide redress. At the same time, complaint volumes are rising, putting pressur...
29 July 2025
The arrival of formal regulation for Buy Now, Pay Later (BNPL) products is no longer a question of if, but when. With the Treasury’s May 2025 consultation response, the direction is this: by mid-2026, third-party BNPL lenders will fall within the scope of the Financial Conduct Authority (FCA). This change brings with it a full set of regulatory re...
05 June 2025
Ian McKennaManaging Director at F&TRC
Karl SigeristManaging Director at The Shaughnessy Group
Marat NevretdinovManaging Director at HDI Embedded
Pierre LegrandManaging Director at Alvarez and Marsal
Neil KinnairdManaging Director at DigtialKit Solutions
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