On 14 November 2023, the FCA published a set of diagrams intended to act as an aid to understand the proposals set out in its Consultation Paper CP23/21 on consumer credit – product sales data reporting. For more detail on CP23/21, please see our previous blog.
These documents have been prepared with the aim of helping consultees to better understand its proposals in CP23/21 and to facilitate informed responses to the consultation. The documents published are:
- CP23/21 sales data flow diagram
- CP23/21 backbook data flow diagram
- CP23/21 performance data flow diagram
The FCA notes that it will consider all feedback received before determining its final policy approach.