We are seeking input on the planning phase of the review of retained provisions of the Consumer Credit Act (CCA). In particular we are looking for views from stakeholders on priorities, timings and conduct of the review.
Why are we publishing this Call for Input?
We took over responsibility for regulating consumer credit in April 2014. As part of the transfer of regulation, Parliament repealed some CCA provisions, and some of these were replaced by FCA rules. We are required to review remaining CCA provisions and to report to HM Treasury by 1 April 2019.
We are publishing this Call for Input to seek initial views from stakeholders to inform the planning of the review and help us shape the regime. In particular, we are asking stakeholders for views on:
- Whether to prioritise particular provisions for review?
- Whether provisions should be considered for earlier review?
- How best to engage with stakeholders?
Who is this Call for Input aimed at?
We welcome views from anyone interested in or affected by the regulatory regime for consumer credit.