SRA Consumer credit regulation to be approved 1 April 2016

Crispin Passmore, SRA Executive Director for Policy, said: “We have worked hard with the FCA to produce proposals that offer a balanced and proportionate approach to regulation. These proposals are good news for firms and their clients alike and continue our ongoing work of simplifying and streamlining our regulatory approach.

“We hope the LSB agrees with that view and approves the changes.”

If the LSB agrees, the relevant changes to the SRA Handbook will come into effect on 1 April 2016.

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