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And so it continues: FCA Policy Statement on changes to SCA-RTS and Payments Approach Document

Following on from the consultation paper issued in January 2021, the FCA has now published a Policy Statement setting out the amendments which will be made to the SCA-RTS and to the...


Card-acquiring services: PSR to work on increasing searching and switching of majority of merchants

Due to its concerns that card-acquiring services might not be offering value for money for merchants, the PSR decided to conduct a comprehensive review of the card-acquiring sector...


UK Financial Services Future Regulatory Framework Review: HM Treasury publishes proposals for reform

HM Treasury has published its long awaited Future Regulatory Framework (FRF) Review consultation with proposals for reforms to the UK’s financial services regulatory framework to keep ...


Buy Now, Regulate Later: is a new regime on the horizon?

Following the Woolard review earlier this year, HMT has published its much anticipated consultation paper on regulating the Buy Now Pay Later (BNPL) market. The industry is likely to have...


Buy-Now-Pay-Later regulation: HM Treasury consults on form and scope

HMT has today published its much-anticipated consultation on regulating the Buy-Now-Pay-Later (BNPL) credit market, following the Woolard Review recommendation that all BNPL products are...


New FCA consumer credit information sheets in use from 25 October

It’s just under three weeks until consumer credit firms must start using the FCA’s updated consumer credit information sheets which were published in May this year.


FCA Business Plan 2021 – 2022
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The FCA has published its business plan for 2021/22 in which it sets out its aims for the forthcoming year. With the uncertainty caused by the pandemic likely to continue, the FCA is...


UK Government’s legislative proposal indicates the approach to buy-now-pay-later regulation

The UK Government’s proposed amendments to the Financial Services Bill are the first step towards the regulation of buy-now-pay-later products. The amendments do not yet bring about...


Woolard Review sets out vision for unsecured credit: now over to the FCA to make it happen

The Woolard Review team has acted swiftly in publishing their recommendations to the FCA, publishing their findings just over two months after the initial Call for Input closed. The Review...

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