The FCA consumer credit regime On 1 April 2014, the Financial Conduct Authority (FCA) assumed responsibility for consumer credit regulation from the Office of Fair...
This Practice Note looks at key aspects of consumer protection within the UK financial services regulatory system. The UK’s regulatory structure, combined with...
Background to the FCA consumer credit authorisation regime Since 1 April 2014 the UK Financial Conduct Authority (FCA) has been responsible for regulating...
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...
The Principles for Businesses—Principle 6 The Financial Conduct Authority's (FCA) Principles for Businesses are a general statement of the fundamental obligations of...
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...
This year’s annual round-up reviews some of the most significant consumer finance developments of 2017 and previews what is on the horizon for 2018 relating to consumer...
Goode: Consumer Credit Law and Practice This volume contains thirteen divisions and states the current law with commentary on consumer credit in the UK following the...
What is a Green Deal plan? A Green Deal plan is the contract between the property improver (and bill payer, if different from the improver) and the Green Deal provider...
The Green Deal The Green Deal is a scheme, originally designed by the government, now backed by private investors, that enables landlords and tenants to make energy...
Code of Practice Green Deal Code of Practice (version 5), section 3, which must be adhered to by all participants (providers, assessors and installers) and certification...
Regulated activities—general For an activity to constitute a regulated activity under Financial Services and Markets Act 2000 (FSMA 2000), it must be...
Introduction Directive 2008/48/EC on credit agreements for consumers (Consumer Credit Directive) was adopted by the European Parliament on 23 April 2008...
The UK implemented the provisions of the Directive 2008/48/EC, Consumer Credit Directive (CCD) through amendments to the then existing consumer credit regime under the...
This Practice Note considers the redress mechanisms for consumer card payments under section 75 of the Consumer Credit Act 1974 (CCA 1974) and chargeback, available for...
This Practice Note sets out and examines the consumer credit regulated activities in the Financial Services and Markets 2000 (Regulated Activities) Order 2001, SI...
Since 1 April 2014, the regulation of consumer credit in the UK has been the responsibility of the Financial Conduct Authority (FCA). Regulation of consumer...
Credit brokerage under the consumer credit regime Since April 2014, the regulation of consumer credit in the UK has been overseen by the Financial Conduct...
Regulatory reporting From 1 October 2014, the regulatory reporting requirements contained in Chapter 16 of the Financial Conduct Authority’s (FCA) Sourcebook on...
The requirements to have robust systems and controls in a regulated firm to prevent money laundering originate from: • the Money Laundering, Terrorist...
This Practice Note provides a guide to the elements of the UK anti-money laundering (AML) and counter-terrorist financing (CFT) regulatory regime as it applies to...
This Practice Note seeks to explain the key exemptions that apply in relation to the FCA consumer credit regime. It does not deal with green deal plans or regulated...
The roles of nominated officer and money laundering reporting officer A nominated officer is an individual who is nominated by a firm to receive disclosures under Part 7...
This Practice Note examines some of the key aspects of regulation applicable to high-cost short-term credit (HCSTC), often referred to as pay-day lending,...
