News
Global Payments Newsletter, June 2022
29 June 2022
Key developments of interest over the last month include: UK Payment Systems Regulator announces two market reviews on card fees; Reserve Bank of India publishes Payments Vision 2025; and...
Publications
News
FCA supervisory strategy for mainstream consumer credit lenders:
28 June 2022
The FCA has published a portfolio letter on its supervisory strategy that it has sent to Mainstream Consumer Credit Lenders (MCCLs). This follows on from its previous review of the MCCL...
News
Buy-Now Pay-Later: HM Treasury sets out the government's approach to regulating the market
22 June 2022
Hot on the heels of the government's commitment to reform the Consumer Credit Act 1974, HM Treasury has published the response to its October 2021 consultation on the scope and form of...
News
UK Consumer Credit Act 1974: Government Commits To 'Ambitious Long-Term Reform'
17 June 2022
Almost 50 years after its entry into force, HM Treasury has announced a commitment to reform the Consumer Credit Act 1974 (CCA) with a plan to consult on the direction of reform by the end...
News
Global Payments Newsletter, May 2022
31 May 2022
Key developments of interest over the last month include: Queen's Speech 2022 announces forthcoming Financial Services and Markets Bill; European Commission consultations and calls for...
News
Financial Services Regulatory Initiatives Forum publishes fifth edition of Grid
25 May 2022
The fifth edition of the Financial Services Regulatory Initiatives Grid has been published today by the Financial Services Regulatory Initiatives Forum. The initiatives in this edition...
News
Snapshot of recent EU regulatory developments relevant to retail banking and payments
19 May 2022
There has been a recent flurry of EU developments relating to a number of ongoing initiatives relevant to firms in the retail banking and payments sectors, including some movement on the...
Insights
Hogan Lovells Consumer Duty Virtual Roundtable – key points from breakout sessions
Registered Content
12 May 2022
The Hogan Lovells Consumer Duty Virtual Roundtable webinar on 28 April 2022 was attended by a range of firms across varied market sectors. While some sectors clearly had greater concerns...
News
FCA’s review into challenger banks uncovers deficiencies in financial crime controls
28 April 2022
In recent years, the financial services industry has seen an exponential growth in the popularity of challenger banks in the UK. Digitally-driven, technologically innovative and efficient...
