On 1 November 2022, the FCA launched a new webpage on the cost of living consumer credit data collection.

The webpage sets forth that the FCA is asking a number of consumer credit firms, regulated by the FCA, to provide data on their credit activities in order to allow the regulator to monitor and assess the impact of the rising cost of living on consumers.

The webpage notes that firms who need to provide this information will receive an email directly from the FCA.