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PARLIAMENTARY UPDATEBack

RMIReport1People/political parties

  • Treasury Committee chair Andrew Tyrie publishes letters to the Financial Reporting Council and the Institute of Chartered Secretaries and Administrators on the collapse of HBOS
  • Welsh First Minister Carwyn Jones launches the Welsh Labour Party’s EU referendum campaign

Statistics

Title:                Driver and rider testing and instructor statistics: Quarter 2 2015/16 (July to September 2015) 

Department:     Department for Transport

Summary:
Information on the numbers and pass rates for driving and riding theory and practical tests conducted in Great Britain to 30 Sep 2015 and statistics from the ADI register and the Integrated Register of Driver Trainers. The test and instructor statistics are derived from data held by the Driver and Vehicle Standards Agency (DVSA), which administers the driving test and training schemes in Great Britain.

Full statistics:  https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/483952/drt-q2-2015-16.pdf

Press release

Consumer credit regulation passes next hurdle


Press release – UK Stakeholder – Solicitors Regulation Authority

Our proposed regime for consumer credit regulation has passed its latest hurdle.

The Financial Conduct Authority has approved the changes to our rules that will allow solicitors to carry out certain consumer credit activities under our authorisation where those activities are central to the legal services provided. We have worked with the FCA over the last year to agree the best way to regulate consumer credit activities, aiming to keep to a minimum the level of regulation and number of regulators firms have to deal with.

The new approach would mean the majority of firms will not have to be regulated by both us and the FCA, reducing the burden on them while client protections remain in place. The proposal now needs final approval from the Legal Services Board.

Crispin Passmore, our Executive Director for Policy, said: “We have worked hard with the FCA to produce proposals that offer a balanced and proportionate approach to regulation. These proposals are good news for firms and their clients alike and continue our ongoing work of simplifying and streamlining our regulatory approach.

“We hope the LSB agrees with that view and approves the changes.”

If the LSB agrees, the relevant changes to the SRA Handbook will come into effect on 1 April 2016. We consulted on our proposals for consumer credit regulation between 26 June and 7 August 2015.

The consultation can be viewed here:


Go to the consultation

Posted by Sue Robinson on 18/12/2015