CML news & views

Issue no. 2 - 5 February 2013

Regulators are to get new powers to intervene in financial markets. We accept the need for greater consumer protection, but lenders need to understand how the rules will work in practice. Today's issue also looks forward to Mark Carney's appearance before the Treasury select committee later this week, more buoyant lending, and progress with NewBuy Cymru.

In this issue

Lenders call for clarity on new regulatory powers
New governor gets early opportunity to set out his views
House purchase lending reaches 11-month peak
Lenders back launch of NewBuy Cymru

Lenders call for clarity on new regulatory powers

The Financial Conduct Authority is set to have new powers to intervene in financial services markets. Lenders understand the desire to enhance consumer protection, but want the proposed new rules to work well for everyone.

New governor gets early opportunity to set out his views

Mark Carney, the next governor of the Bank of England, will have an early opportunity to set out his views when he appears before the Treasury select committee on Thursday.