Treasury consults on enhanced FPC direction powers: Treasury is consulting on a draft statutory instrument on the Financial Policy Committee's (FPC) recommendation that it be granted power of direction over PRA and FCA to apply specific limits to mortgage lending by reference to debt-to-income (DTI) and loan-to-value (LTV) ratios. Responses are requested by 28 November. Treasury will consult separately in 2015 on powers of direction in respect of buy-to-let mortgages. (Source: FPC Housing Market's Tools)

Treasury calls for evidence on digital currencies: Treasury is calling for information on the benefits and risks of digital currencies. The call is focused on digital currencies as a payment method, rather than as speculative investment. Treasury distinguishes between digital currencies and virtual currencies, which Treasury defines as being used and accepted among the members of a virtual community. (Source: Digital Currencies: Call for Information)

Treasury updates sanctions: Treasury has updated the sanctions lists for Belarus and the Federal Republic of Yugoslavia and Serbia. (Source: Treasury Updates Sanctions)