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Lord McNicol of West Kilbride to ask Her Majesty's Government how many times the Financial Conduct Authority (FCA) has requested a firm to outline how it calculates its APR in the last six years, other than at the point granting authorisation; in any cases of representative APR breaches discovered, how many times the FCA has required changes to the firm’s website and product literature; and how many firms have been referred to the enforcement department for resolution.  HL5054

Question HL5054: tabled on 16 December 2021 and due for answer by 4 January 2022

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Question text

Lord McNicol of West Kilbride to ask Her Majesty's Government how many times the Financial Conduct Authority (FCA) has requested a firm to outline how it calculates its APR in the last six years, other than at the point granting authorisation; in any cases of representative APR breaches discovered, how many times the FCA has required changes to the firm’s website and product literature; and how many firms have been referred to the enforcement department for resolution.  HL5054
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