You are here: Home - News -

FCA previews digital compliance reporting for mortgage brokers and lenders

  • 16/08/2018
  • 0
FCA previews digital compliance reporting for mortgage brokers and lenders
The Financial Conduct Authority (FCA) is offering mortgage brokers and lenders the chance to understand and give feedback on its development of digital regulatory reporting.


The regulator is working alongside the Bank of England on a pilot project to enable firms to fulfil their regulatory reporting digitally.

This is built on the TechSprint event held in November 2017 where participants successfully developed a proof of concept which could make regulatory reporting requirements machine-readable and in a form that allows the machine to use the data.

If successfully completed, this would mean firms could map the reporting requirements directly to the data they hold, creating the potential for automated, straight-through processing of regulatory returns.

To support this work the FCA is holding two open demonstration and Q&A sessions to give attendees an opportunity to understand the technological, governance and legal decisions made throughout and allow an opportunity to critique and review the work.

The open days will be held on 22 August and 28 September.

Those interested in attending either session should email the regulator at


There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
simple, straightforward, easy
Poll: How should the market deal with mortgage advisers that cut corners?

In a blog on Mortgage Solutions, Chris Hall, practising mortgage and protection adviser and head of operations at Mortgage Guardian...