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Consumer Finance Law Blog

Articles: 21-30 of 49

Financial Conduct Authority publishes two ‘Dear CEO’ letters on authorised push payment fraud reimbursement

United Kingdom - October 10 2024 On 7 October 2024, the UK Financial Conduct Authority (the FCA) published two ‘Dear CEO’ letters setting what it expects firms to do on authorised…

FCA makes rules and guidance extending pause for handing complaints about motor finance discretionary commission arrangements

United Kingdom - September 25 2024 On 24 September 2024, the UK Financial Conduct Authority (the FCA) published a press release and Policy Statement 24/11: ‘Extending the temporary…

Payment Systems Regulator publishes new Powers and Procedures Guidance

United Kingdom - September 23 2024 On 20 September 2024, the UK Payment Systems Regulator (the PSR) published an updated version of its guidance entitled ‘Powers and Procedures…

FCA consults on further pause for handing motor finance discretionary commission arrangements

United Kingdom - July 30 2024 Earlier today, on 30 July 2024, the FCA published a consultation paper entitled ‘CP24/15 - Extending the temporary changes to handling rules for…

King’s Speech makes no mention of consumer credit reform

United Kingdom - July 17 2024 Earlier today, on 17 July 2024, King Charles III delivered his King’s Speech setting out the areas of reform for the new Labour Government. But any…

Automated Vehicles Act 2024 receives Royal Assent

United Kingdom - May 24 2024 On 20 May 2024, the Automated Vehicles Act 2024 received Royal Assent. The Act says that it will regulate the use of automated vehicles on roads and…

Financial Conduct Authority publishes principles for developing credit information industry-led remedies

United Kingdom - May 21 2024 On 20 May 2024, the UK Financial Conduct Authority published principles for developing credit information industry-led remedies. In December 2023…

FCA publishes policy statement and finalised guidance on ways consumer credit and mortgage firms should support customers in financial difficulty

United Kingdom - April 10 2024 Earlier today, on 10 April 2024, the UK Financial Conduct Authority published a press release and Policy Statement, PS24/2, setting out the new rules…

FCA publishes data on Mortgage Charter uptake

United Kingdom - April 3 2024 On 22 March 2024, the UK Financial Conduct Authority published data on firms who have signed up to the Government’s Mortgage Charter. The key points…

FCA publishes a new webpage listing all fines issued in 2024

United Kingdom - April 2 2024 On 25 March 2024, the UK Financial Conduct Authority published a new webpage listing all of the fines it has issued in 2024. The FCA will continue to…