Consultation Responses

As the principal trade association for credit unions in Britain and a key player in the development of inclusive financial services, ABCUL actively responds to many consultations and enquiries. Our responses to the following consultations are available to view below.

Latest Responses

PRA - Regulatory Fees and Levies Proposals 2023/24

ABCUL responds to the second PRA consultation on the Regulatory Fees and Levies Proposals 2023/24. Download

FCA -Regulatory Fees and Levies Proposals 2023/24

ABCUL responds to FCAs proposals for a regulatory fees and levies for 2023/24. Download

Scottish Government - Community Wealth Building in Scotland

ABCUL responds to the Scottish Governments Consultation on Community Wealth Building in Scotland. Download

HM Treasury Consultation on Draft Legislation for Buy-Now Pay-Later

ABCUL responds to the Treasury's consultation on draft legislation for the Buy-Now Pay-Later market, that will introduce regulation to this form of credit. Download

HM Treasury - Reforming the Consumer Credit Act 1984

ABCUL responds to the Treasury's consultation on reforming the Consumer Credit Act 1974, a reform that aims to modernise and simply regulation of the consumer credit market. Download

Financial Conduct Authority – Review of the Credit Information Market

ABCUL has responded to the FCA's consultation discussing the future of the credit information market and how to improve the collection of credit information. Download

Financial Ombudsman Service Plans & Budget Consultation 2023

ABCUL has responded to the Financial Ombudsman Services annual Plans & Budget consultation, to raise issues around the potential cost of fees for credit unions expanding into the consumer credit market. Download

FCA Quarterly Consultation - Consumer Duty Policy

ABCUL responds to the Financial Conduct Authority's quarterly consultation paper, to raise issues related to credit union's implementation of the Duty. Download

PRA – Changes to the Credit Union Regulatory Regime

ABCUL responds to the Prudential Regulation Authority’s proposals to amend its regulatory regime for the credit union sector. Download

The Insolvency Service – Review of the Personal Insolvency Framework

ABCUL responds to the Insolvency Service’s Call for Evidence on the Personal Insolvency Framework. Download

HM Government – Consultation on Dormant Assets Funding

ABCUL responds to the Government’s consultation on the English portion of the Dormant Assets Scheme funding. Download

Financial Ombudsman Service – Creating a Funding Model for the Future

ABCUL responds to the Financial Ombudsman Service’s discussion paper on its future funding model. Download

HM Treasury – Consultation on the Statutory Debt Repayment Plan

ABCUL responds to HM Treasury’s consultation on implementing the Statutory Debt Repayment Plan. Download

The Insolvency Service – Future of Insolvency Regulation Consultation

ABCUL responds to the Insolvency Service’s Consultation on the future of insolvency regulation. Download

HMRC - ISA Compliance and Penalties Call for Evidence

ABCUL responds to HM Revenue & Customs Call for Evidence on the ISA compliance and penalities regime Download

Older responses