Emma RadmoreThe FCA published policy statement PS19/23 (PRA – PS22/19) on 30 September 2019.
The rules set out the new reporting requirements for regulated mortgage lenders and home finance administrators.
The rule changes take effect from different times:
1 October 2020 – relating to Performance Sales Data and MLAR changes
- Part 1 of the Supervision manual changes
- Part 1 of the PRAs rules amending the Regulatory Reporting part
1 January 2021 – relating to Performance Sales Data (PSD007)
- Part 2 of the Supervision manual changes
1 April 2021 – relating to Product Sales Data (PSD001)
- Part 3 of the Supervision manual changes
- Part 2 of the PRAs rules amending the Regulatory Reporting part
The detailed rules will be followed by a publication of the Data Reference Guide in October 2019 and the GABRIEL testing environment will be available to firms from November 2019.