Consumer protection and claims management regulation

Consumer protection and claims management regulation guidance:

1 Assignment—prohibited without consent 1.1 No party may assign, sub-contract or encumber any right or obligation under this agreement, in whole or in part, without the...

Precedents

1 Effective date 1.1 Effective date (specified future date, date of signature or specified previous date) This Agreement [[takes effect on [insert date] OR the date of...

Precedents

This Practice Note looks at key aspects of consumer protection within the UK financial services regulatory system. The UK’s regulatory structure, combined with...

Practice Note

Brexit: As of exit day (11pm on 31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an...

Practice Note

What are crypto-assets? One of the hurdles in relation to understanding non-traditional currencies and assets lies in the inconsistent use of language. Regulators and tax...

Practice Note

1 Equitable relief [Each Party OR Party A] recognises that any breach or threatened breach of this Agreement may cause [the other Party OR Party B OR irreparable harm for...

Precedents

This Practice Note discusses the background to the transfer of the regulation of claims management companies (CMCs) from the Claims Management Regulation Unit (CMRU)...

Practice Note

Treating Customers Fairly (TCF) is a principles-based initiative. Under the regulatory regime authorised firms must pay due regard to the interests of their customers and...

Practice Note

The Principles for Businesses—Principle 6 The Financial Conduct Authority's (FCA) Principles for Businesses are a general statement of the fundamental obligations of...

Practice Note

What is the Consumer Rights Act 2015? The Consumer Rights Act 2015 (CRA 2015) was a landmark in the field of consumer law and took effect from 1 October 2015 under the...

Practice Note

Definition—Force Majeure (short form) Force Majeure means an event or sequence of events beyond a party’s reasonable control preventing or delaying it from performing its...

Precedents

1 Governing law This agreement and any dispute or claim arising out of, or in connection with, it, its subject matter or formation [(including non-contractual disputes or...

Precedents

1 Jurisdiction—reciprocal The parties irrevocably agree that the courts of [England and Wales OR [insert details of alternative jurisdiction]] shall have [exclusive OR...

Precedents

1 Limitation of liability clause—short form 1.1 The extent of the parties’ liability under or in connection with this Agreement (regardless of whether such liability...

Precedents

Please note that the contents of this Practice Note reflect the amendments that were made to the Financial Conduct Authority’s (FCA) Mortgage Conduct of Business Rules...

Practice Note

Please note that the contents of this Practice Note reflect the amendments that were made to the Financial Conduct Authority’s (FCA) Mortgage Conduct of Business Rules...

Practice Note

This Practice Note provides an introduction to pension liberation, what it is, why it happens, its structures and characteristics, and considerations for the various...

Practice Note

This Practice Note looks at the Retail Distribution Review (RDR). The RDR is a regulatory initiative that was set up in June 2006 aimed to target the quality and standard...

Practice Note

This Practice Note looks at the work of the Financial Conduct authority (FCA) and its predecessor the Financial Services Authority (FSA) in relation to the retail...

Practice Note

Background The regulatory requirements applicable to the distribution of financial products by financial services providers and intermediaries in the retail markets...

Practice Note

The Financial Conduct Authority (FCA) and the Competition and Markets Authority (CMA) have the power, under the Consumer Rights Act 2015 (CRA 2015) (which came into force...

Practice Note

1 Time to be of the essence of all clauses Each time, date or period referred to in this agreement (including any time, date or period varied by the parties) is of the...

Precedents

What is Treating Customers Fairly? Treating Customers Fairly (TCF) is a fundamental principle underpinning the Financial Conduct Authority’s (FCA) regulatory regime. It...

Practice Note

ARCHIVED: This Practice Note has been archived and is not maintained. It summarises the law, guidance and practice in relation to unfair terms in consumer contracts under...

Practice Note
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