HM Treasury’s proposals for BNPL

HM Treasury has published its response to last November’s consultation on bringing Buy-Now-Pay-Later businesses within scope of regulation from the Financial Conduct Authority (FCA).

FCA bolsters its leadership team.

The Financial Conduct Authority (FCA) has appointed six directors as it expands its headcount to meet a growing remit and to achieve its new ambitious strategy.

Consumers struggling with rising prices urged to seek help

New research suggests that millions of borrowers are missing out on the support available to them. A study led by the FCA and MoneyHelper has revealed a multitude of reasons that consumers are not reaching out in times of struggle.

ICO's power to fine companies will increase from the current maximum of £500,000.

What does it mean to be Directly Authorised by the FCA?

UK commits to reform of the Consumer Credit Act

The UK government has committed to reforming the Consumer Credit Act – which regulates all credit card purchases and personal loans.