UK Watchdog Calls for New Industry Body to Enhance Consumer Credit Ratings System

The UK’s Financial Conduct Authority (FCA) has called for the establishment of a new industry body to enhance the functioning of Britain’s “highly concentrated” consumer credit ratings market, which it says is currently not serving consumers well, Reuters has reported. The consumer credit ratings market,… Read More
Read more in: Politics, Legal & Regulation, Global | Tagged Credit Ratings, fca, financial conduct authority, fintech, payments, Regulatory, uk, united kingdom