Mastering CCR009: Your Guide To Implementing The New Credit Broking Reporting Requirements

As part of its strategy to become a 'more outcomes-based, assertive and data led regulator', the Financial Conduct Authority (FCA) published PS25/3, introducing new reporting requirements for Consumer Credit firms engaged in Credit Broking, Debt Adjusting, Debt Counselling and Credit Information Services, which take effect on 7 May 2025. These require in-scope firms to provide granular data, with the data points clearly aligned to monitoring of customer outcomes and compliance with associated FCA Handbook Rules and Guidance. The purpose of this Guide is to aid firms holding Credit Broking permissions to implement the new reporting requirements, understand the implications of the new reporting requirements and consider any remedial activity which may be required.