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Registration for consumer credit businesses

Morton Fraser
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United Kingdom
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September 30 2009

Recent changes have been put in place in relation to the Money Laundering Regulations

FSA takes action in relation to residential sale and rent back schemes

Morton Fraser
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United Kingdom
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September 30 2009

New rules have been introduced to protect individuals who sign up to sale and rent back schemes in relation to their homes

OFT issues guidance on second charge lending

Morton Fraser
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United Kingdom
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September 30 2009

The OFT has published guidance setting out the minimum standards expected from businesses engaged in second charge lending to homeowners

FSA tightens up compensation rules for savers

Morton Fraser
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United Kingdom
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September 30 2009

Any savers who lose money in the event of a bank or building society collapsing will receive compensation more quickly in future

Registration of charges by overseas companies

Morton Fraser
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United Kingdom
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September 30 2009

From the 1st October, changes will be made to the registration requirements for overseas companies

The Consumer Credit Directive (CCD) - update 3

Morton Fraser
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United Kingdom
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March 19 2009

This is the third in a series of updates we are producing on the process of implementation in the UK of the Consumer Credit Directive

Unfair Terms in Consumer Contracts Regulations 1999 can apply to guarantees

Morton Fraser
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United Kingdom
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April 3 2009

A recent High Court decision says that the Regulations apply to bank guarantees where the guarantor and the principal debtor contract as natural persons and not in the course of their trade or profession

The Turner Review: a synopsis

Morton Fraser
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United Kingdom
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April 26 2009

In October 2008, the Chancellor of the Exchequer asked the Chairman of the FSA Adair Turner to review the causes of the current crisis and to make recommendations on the changes in regulation and supervisory approach needed to create a more robust banking system for the future