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The Bank of England and Financial Services Act 2016 is passed

United Kingdom - May 12 2016 Following debates by the House of Lords on the proposed amendments to the Bank of England and Financial Services Bill, all of the House of Commons'…

Chris Busby, Clare Hughes, Jo Owens

Register of people with significant control - The Companies Act 2006 (Amendment of Part 21A) Regulations 2016 published

United Kingdom - February 18 2016 The government has published the Companies Act 2006 (Amendment of Part 21A) Regulations 2016 together with an explanatory memorandum. The instrument…

Chris Busby, Clare Hughes

Which? reports that 0% balance transfers are misleading consumers

United Kingdom - September 24 2015 According to new Which? research, only one in 20 consumers understands the true cost of 0% balance transfer credit card deals with 68% wrongly…

Chris Busby, Clare Hughes

FCA removes further unfair contract terms materials from website

United Kingdom - June 10 2016 On 2 June 2016, the FCA updated its unfair contract terms library webpage. The FCA explains that, in May 2016, it became aware of material on its…

The scope of ‘credit’ under the Consumer Credit Act 1974 - Burrell and others v Helical (Bramshott Place) Limited

United Kingdom - January 28 2016 This case concerned whether a fee payable by a tenant for assigning the lease involved the provision of "credit" for the purposes of the Consumer…

Chris Busby, Clare Hughes