Auto finance industry ‘will miss GDPR compliance deadline’

Most companies will not be compliant by next year’s deadline for the EU General Data Protection Regulation (GDPR) because of the complexities involved in adapting to new standards, an industry expert has warned.

Auto finance industry ‘will miss GDPR compliance deadline’

Jul 19, 2017

Most companies will not be compliant by next year’s deadline for the EU General Data Protection Regulation (GDPR) because of the complexities involved in adapting to new standards, an industry expert has warned.

Regulators demand industry answers to 10 key consumer finance concerns

The Bank of England’s Prudential Regulation Authority is to write to lenders asking them to set out how they are addressing concerns over consumer credit risks.

Regulators demand industry answers to 10 key consumer finance concerns

Jul 04, 2017

The Bank of England’s Prudential Regulation Authority is to write to lenders asking them to set out how they are addressing concerns over consumer credit risks.

Asset finance and the path to Brexit - Q&A

With the UK’s Brexit negotiations underway, this Q&A guide to the issues looks at what the results of discussions will mean for asset finance.

Asset finance and the path to Brexit - Q&A

Jun 28, 2017

With the UK’s Brexit negotiations underway, this Q&A guide to the issues looks at what the results of discussions will mean for asset finance.

 

Regulation

Finance industry responds to Bank of England’s consumer credit concerns

Jun 28, 2017

The head of the Bank of England has warned the finance industry it is the “first line of defence” in ensuring growing levels of consumer lending don’t create a future financial crisis. Amid concerns about growing levels of personal debt, the bank wants to ensure that lending standards remain high so consumers aren’t offered loans they can’t afford to repay and banks don’t expose themselves to increased risks of default.