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FOS H1 2024 data highlights 40% increase in complaints
The increasing number of complaints indicates a need for strengthening policies and procedures, and keeping staff informed to avoid being caught out.
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Regulation of BNPL means a better deal for consumers
New rules will allow Buy-Now-Pay-Later users to benefit from key protections offered by other consumer credit products.
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ASIC roundup: Accountant making false statements, and court dismisses ANZ’s appeal
The Australian Securities & Investments Commission’s latest actions and news, September 30 – October 4, 2024.
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Whatever happened to the Edinburgh Reforms?
Has anything changed since the announcement of the Edinburgh Reforms?
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FCA weeks in review November 6 – 17, 2023
A raft of enforcement actions head our roundup of recent FCA activity, plus there’s important guidance on ESG reporting.
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10 things you need to know about the EU consumer credit overhaul
At the EU level, there are changes on the horizon in relation to the Consumer Credit framework.
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UK Treasury looks at overhauling the Consumer Credit Act 1974
There could be a post-Brexit opportunity for Government to align consumer credit regulation with both modern and domestic realities.