The FCA has published a Thematic Review detailing its key findings on how firms are applying its responsible lending rules in MCOB chapter 11. These rules were introduced by the FCA in April 2014 and were designed to prevent a return to poor lending practices that prevailed in the run-up to the financial crisis. The rules put affordability at the heart of the lending decision process. The FCA found that there was no evidence of previous poor practices such as self-certification of income or interest-only lending without a credible repayment strategy. Neither did the FCA find that creditworthy customers were being denied access to loans. The new rules do not appear to be making a material impact on the volume of lending, at least until interest rates rise.