Sector Regulation Sector Regulation

Dispute-resolution system needed for unpaid Covid-19 loans, UK's FCA chair says

By Fiona Maxwell
  • 16 Jun 2020 09:14
  • 16 Jun 2020 09:14

A dispute-resolution system should be created to help UK lenders and businesses reach an agreement on the inevitable debt that won’t be repaid after the Covid-19 crisis, the chair of the country's Financial Conduct Authority said today.

In a speech at an online event*, Charles Randell said the FCA is working

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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