Last Update: 04/05/2026 at 2:50 PM EST
Regulators Tighten Credit Data Sharing
Coverage from Financial Reporter, FinTech Global, and others
Articles
3
Latest Article
02/27
Active Days
27
Executive Summary
UK and Philippine regulators push stronger, permissioned credit data sharing to improve lending accuracy, expand access, and reduce overindebtedness
- FCA proposes designating certain credit reference agencies in the UK
- Plans would expand sharing of repayment histories and court judgment data
- Incomplete credit files can distort lending decisions and block affordable credit
- Broader reporting aims to improve accuracy, competition, and borrower risk assessment
- The FCA is consulting with industry stakeholders and consumer groups
- Manila roundtable backed secure consumer-authorized data access for credit decisions
- Participants said standardized APIs and stronger data infrastructure are key to responsible lending
Quick Facts
- What: Proposing broader credit data sharing and open finance access
- Where: United Kingdom and Manila Philippines
- Why: To improve lending accuracy expand credit access and reduce risk
- Who: UK FCA and Philippine regulators, lenders, fintech firms
- When: During current consultations and a February 26 roundtable
Coverage Timeline: 27 Days
Featured Article
FCA proposes broader data sharing among lenders and credit reference agencies in the United Kingdom during a consultation to improve credit file accuracy.
Additional Articles
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FCA proposes designation of credit reference agencies in the United Kingdom during an ongoing 2020s consultation to improve data accuracy.
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Regulators, fintechs, and lawmakers in Manila on February 26 underscored consumer authorized transaction data sharing to expand safe credit access.