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NRAM test case decision has important implications for construction of loan agreements

United Kingdom - July 23 2015 The Court of Appeal have handed down their judgment in the NRAM appeal case which has important implications for how loan agreements are constructed…

Chris Busby, Clare Hughes

Open Data Institute publishes report into an Open Banking Standard

European Union, Global, United Kingdom - February 11 2016 The Open Data Institute has published its report into an Open Banking Standard. Changes in EU law mean that within the next two years UK banks will…

Chris Busby, Clare Hughes

Consumers could be in line for compensation after FSCS declares 42 firms in default

United Kingdom - October 1 2015 On 24 September 2015, the Financial Services Compensation Scheme (FSCS) published a press release, informing consumers that they may be able to…

Chris Busby, Clare Hughes

Interchange fees cap sees more lenders stopping credit card reward deals

United Kingdom - June 4 2015 Consumer group Which? has reported that more lenders have stopped offering credit card reward deals, with the RBS points scheme to close on 1 July…

Chris Busby, Clare Hughes

Online dispute resolution platform postponed and amendment regulations published

United Kingdom - December 17 2015 The UK implemented the requirements of the Online Dispute Resolution (ODR) Regulation as part of the ADR Regulations, the main requirement being that…

Chris Busby, Clare Hughes