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My Compliance Consultants - FCA's Consumer Duty Board Report - Due on July 31st

July 31st Is Just 15 Days Away! Have You Prepared Your Consumer Duty Board Report?

With the FCA’s Consumer Duty framework now fully in effect, regulated firms must complete and review an annual Consumer Duty board report by 31st July. This report is critical in demonstrating how a firm delivers good outcomes for retail customers an essential requirement of the Duty. At My Compliance Consultant, we support firms across the UK in preparing high-quality, compliant board […]

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5 Common Compliance Mistakes | My Compliance Consultant UK

5 Common Compliance Mistakes (and How to Avoid Them)

In today’s fast-changing regulatory landscape, compliance is not just a legal requirement it’s a cornerstone of trust, operational stability and long-term success. However, many organisations continue to make avoidable compliance mistakes that can expose them to serious financial and reputational risks. At My Compliance Consultant, we help UK firms strengthen their compliance framework by identifying

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An image summarising why FCA compliance is a competitive advantage to your business.

Why FCA Compliance Is a Competitive Advantage for Your Business

In today’s highly regulated financial environment, FCA compliance is no longer just a legal obligation it’s a strategic differentiator. Businesses that proactively meet Financial Conduct Authority (FCA) regulations not only protect themselves from regulatory penalties but also build stronger, more sustainable brands. At My Compliance Consultant, we believe that regulatory compliance can and should be used as a competitive edge. Here’s why

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What to Expect in an FCA Consumer Credit Compliance Audit | My Compliance Consultant UK

What to Expect in an FCA Consumer Credit Compliance Audit

Navigating a Financial Conduct Authority (FCA) compliance audit can feel daunting, but understanding what to expect can help your business prepare effectively and minimise disruption. At My Compliance Consultant, we have extensive experience supporting firms across the UK through every stage of the FCA audit process, ensuring full compliance UK standards are met. Here’s a

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Cost of Non-Compliance | My Compliance Consultants

The Cost of Non-Compliance in the Consumer Credit Regulatory Sector

In the consumer credit regulatory sector, compliance is not only a legal requirement it’s fundamental to trust, credibility, and sustainability. We frequently witness the consequences firms face when they fail to meet the standards set by the Financial Conduct Authority (FCA). Every day, the FCA publishes notices highlighting why certain firms lose their authorisation. While

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Supreme Court Rejects Rachel Reeves’ Motor Finance Intervention

In a significant development within the UK’s motor finance sector, the Supreme Court has denied Chancellor Rachel Reeves’ attempt to intervene in a landmark case concerning the mis-selling of car loans. This decision has profound implications for lenders, consumers, and the broader financial landscape. Background of the CaseThe controversy centres on undisclosed commissions paid by

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🎉 My Compliance is 5 Years Old! 🎉

Celebrating a significant milestone, My Compliance Consultant proudly marks its 5th anniversary. Since our establishment in February 2020, we’ve been dedicated to providing exceptional consultancy services, ensuring our clients achieve and maintain full compliance with the Financial Conduct Authority (FCA) regulations. Reflecting on Our JourneyOver the past five years, we’ve expanded our suite of services

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My FCA

My FCA to launch in spring 2025 The FCA have just announced that they will be launching their single point of sign in where you will be able to access Connect, RegData and and the FCA register using your existing user details. For full Information please see link below. https://lnkd.in/etg97Zqx

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Information for firms on motor finance complaints

The Financial Conduct Authority (FCA) has updated its guidelines for handling motor finance complaints, particularly those involving non-discretionary commission arrangements (non-DCA). Key changes include: Firms are advised to ensure adequate resources for investigating complaints and consider financial provisions for potential redress. Information for firms on motor finance complaints  | FCA

Information for firms on motor finance complaints Read More »