Future Finance Outlook: Regulatory Changes on the Horizon

New regulations will shape SME lending and fintech innovation:

‍

Coming changes

Basel 3.1
- Stricter capital requirements for banks.
Consumer Duty
- Fair value and transparency rules extended to business products.
Open Finance legislation
- Wider data sharing mandates.

Apply now

Impact

Increased compliance costs.
More scrutiny of SME loan products.
Enhanced borrower rights to data portability.

‍

SMEs and lenders must prepare now to stay ahead. Contact us to find out more.

Jamie Davies

Managing Director

As a founder of multiple businesses, Jamie believes that mindset, discipline and ambition are key drivers for success, both for his businesses and for his clients.

Share this article

Disclaimer: Spark Finance Ltd (Registered office - 18 John Stow House, London, England, EC3A 7JB, Registered Number 10128297) helps UK firms access business finance. Spark is a credit broker, not a lender. Any quotes provided are for information purposes only and subject to status and separate lender terms and conditions. Applicants must be aged 18 and over. Guarantees and Indemnities may be required. Spark Finance may receive commission from lenders which may vary depending on the lender, product, or other permissible factors. The nature of any commission model will be confirmed to you before you proceed.

Spark Finance Ltd is authorised and regulated by the Financial Conduct Authority in the UK (FRN 958123).