From discussions with NACFB Members, we are aware that there are often misunderstandings as to…
Regulation & Compliance
FCA consumer credit reporting obligations
The purpose of this article is to help commercial finance brokers understand and identify their…
SM&CR reporting deadline approaches for solo-regulated firms
Following an extension by the FCA in September 2020, we are fast approaching 31st March…
Budget 2021: Sunak’s plans to ‘Build back better’
Chancellor Rishi Sunak has unveiled his vision for post-COVID recovery with a range of new…
NACFB shares Budget wish list
At the request of both HM Treasury and the British Business Bank, the NACFB has…
Members urged to review commission disclosure processes
On Friday the NACFB wrote to all Members making them aware of the changes affecting…
Brokers urged ‘not to wait’ to enact commission disclosure changes
Following the FCA taking action to introduce a ban on discretionary commission models, and subsequent…
Getting ready for IR35 ahead of April 2021
With under six months until the new IR35 tax legislation is implemented, NACFB Members who…
NACFB release guidelines for broker fees in relation to CBILS applications
Association outlines regulatory and moral obligations for Member brokers The NACFB is acutely aware that, whilst…
New GABRIEL reporting requirements
Since the implementation of the Senior Managers and Certification Regime (SM&CR) in December 2019, firms…