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Policy and Government
CAP responds to FCA Open finance call for input
18 March 2020
CAP has responded to the FCA's Call for input: Open finance. Open finance has the potential to offer many benefits to both consumers and financial services, including the debt advice industry. That being said, CAP is concerned that for those on low incomes or who have multiple and complex needs may not benefit from all that open finance has to offer. CAP would like to see the FCA work to support all consumers in being able to access open finance, whilst ensuring that regulation protects consumers. To read more, please click below.
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