Enforcement of the Consumer Credit Act 1974
Enforcement of the Consumer Credit Act 1974

The following Corporate Crime practice note provides comprehensive and up to date legal information covering:

  • Enforcement of the Consumer Credit Act 1974
  • Who are the enforcers under the Consumer Credit Act 1974
  • Enforcement of the Consumer Credit Act 1974

Who are the enforcers under the Consumer Credit Act 1974

From 1 April 2014 enforcement of the Consumer Credit Act 1974 (CCA 1974) became the responsibility of the Financial Conduct Authority (FCA), which took the responsibility from the abolished Office of Fair Trading (OFT) and local trading standards.

However section 230 of the Enterprise Act 2002 (EnA 2002) requires trading standards to give notice to the FCA of intended prosecutions and their outcome under specified enactments and secondary legislation.

Enforcement of the Consumer Credit Act 1974

From 1 October 2015, the enforcement powers under a wide range of consumer protection legislation, including the CCA 1974, have been consol

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