FinCoNet Guidance to Supervisors on the setting of Standards in the field of Sales Incentives and Responsible Lending
FinCoNet has developed the Guidance to Supervisors on the setting of Standards in the field of Sales Incentives and Responsible Lending based on its findings from the Report on Sales Incentives and Responsible Lending: This Guidance to Supervisors on the setting of Standards in the field of Sales Incentives and Responsible Lending covers the following topics:
The paper also contains a list, as identified by FinCoNet, of the necessary pre-conditions of the overarching regulatory framework, if supervisory initiatives are to be effective in the field of sales incentives and responsible lending. Through this work, FinCoNet aims to further contribute to the promotion of sound market conduct and strong consumer protection through the efficient and effective conduct supervision of sales incentives and responsible lending. |
Guidance (PDF) Press Release (PDF |
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Responses received to Public Consultation on Impact of Sales incentives on the Sale of Consumer Credit Products report.
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