FCA has published the minutes of its September Board meeting. The meeting covered a range of topics including:

  • the mortgage market review (MMR) and the plans for its implementation;
  • FCA's supervision strategy; 
  • plans for the transfer of consumer credit regulation to FCA and outstanding work;
  • progress on the recommendations of the Parliamentary Commission for Banking Standards and the Government's decision to limit the senior persons regime to deposit-taking institutions;
  • taking forward, including by thematic review, FCA's concerns over the use of dealing commission and the associated definition of "research"; and
  • protections for investors in peer-to-peer loan-based crowdfunding.

(Source: FCA Publishes September Board Minutes)