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UK credit-related service providers told of regulator's priority focus areas

( January 10, 2025, 16:32 GMT | Official Statement) -- MLex Summary: UK credit reference agencies and credit information service providers have received letters from the Financial Conduct Authority setting out its priority areas for the next two years to "give some certainty on our regulatory areas of focus." The watchdog mentioned the impact of the cost of living on consumers who may be increasingly reliant on credit and technology-related threats. Priorities include implementation of the Consumer Duty, operational resilience, cyber resilience and financial resilience....

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