Further work will be done to strengthen consumer protection code requirements, including for variable rate mortgage holders, as well as carrying out an examination of the impact on consumer outcomes of commission payments to insurance intermediaries. You will have seen a good deal of enforcement activity reported in the press in recent months.
This reflects our approach whereby high-quality supervision must be underpinned by a rigorous approach to enforcement. Our role in the collection of financial data will also be further expanded through the establishment of the Central Credit Register (CCR).