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Issue no. 2 - 5 February 2013

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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

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

Lenders call for clarity on new regulatory powers

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

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.

House purchase lending reaches 11-month peak

House purchase lending reaches 11-month peak

Bank of England data shows that gross lending has been growing since last summer - and lending for house purchase is buoying activity.

Lenders back launch of NewBuy Cymru

Lenders back launch of NewBuy Cymru

Lenders are supporting the launch of a NewBuy scheme in Wales, similar to ones already operating in England and Scotland.

Editor's details

Name:
Bernard Clarke
Tel:
020 7438 8923
Email:
bernard.clarke@cml.org.uk

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