Lexology PRO | USA | 6 Mar 2024
A US Consumer Financial Protection Bureau rule imposes a maximum US$8 late fee for large credit card issuers.
Lexology PRO | Denmark, European Union, France, etc. | 15 Feb 2024
The SRB releases its Single Resolution Mechanism plan, ESMA releases social media investment promotion requirements and the EU approves new payment rules – plus other key updates.
Lexology PRO | 19 Jan 2024
The EBA consults on ESG risk, the ESAs present the first set of rules under DORA and the UK’s Treasury proposes improvements on its banking resolution framework – plus other key updates.
Harper Grey LLP | Canada | 15 Nov 2023
The newly announced Money Judgement Enforcement Act (the “Act”) aims to streamline creditors’ money recovery while safeguarding debtors’ rights…
Ogier | Ireland | 16 Oct 2023
The Central Credit Register (CCR) supports the Central Bank to fulfil its duty to safeguard stability and protect Irish consumers by providing…
Lexology PRO | China, European Union, Global, etc. | 8 Sep 2023
AI-powered risk modelling, and the resulting concerns with biases and transparency are some of the key risks and opportunities that AI is presenting to financial services and consumer protection.
Deal
Arendt & Medernach | Luxembourg | 18 Aug 2023
Arendt & Medernach acted as Luxembourg counsel to Victory Park Capital in the granting of a $100M credit facility to SumUp to support the expansion…
Lexology PRO | United Kingdom | 19 Jul 2023
With growing calls for regulation of the UK’s growing buy-now-pay-later sector, Lexology PRO considers what may be on the horizon as regulators consider plans to tame the mushrooming market in short-term interest-free loans.
Lexology PRO | European Union, Gibraltar, United Kingdom | 17 Apr 2023
What actions should financial institutions be prioritising now to meet the 31 July 2023 UK Consumer Duty implementation deadline?
Lexology PRO | European Union, Gibraltar, United Kingdom | 12 Apr 2023
A look at the key changes that will be imposed under the UK Consumer Duty and the implications for financial services institutions, from tighter governance to tailored training.