UK Government Unveils Long-Awaited Regulation of Buy Now, Pay Later

The UK Government has formally announced the long-awaited legislation to regulate the Buy Now, Pay Later (BNPL) market, following sustained concerns over unchecked growth, consumer harm, and rising debt levels.

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PPL announces the Board appointment of Jon Wilson as Chief Financial Officer

Product Partnerships is really pleased to announce the Board appointment of Jon Wilson as Chief Financial Officer, (subject to FCA approval).

PPL announces the Board appointment of Rachael Corcoran as Chief Compliance Officer

Product Partnerships announces the Board appointment of Rachael Corcoran. as Chief Compliance Officer (subject to FCA approval).

Product Partnerships secures £10m investment to drive growth from Arete and TDC

Product Partnerships Limited (PPL), a leading regulated compliance solutions provider, has successfully completed a management buyout (MBO) backed by a £10m funding package from Arete Capital and TDC’s Impact Fund.

New Legislation Proposal for Buy Now Pay Later (BNPL) Products

The government has published draft legislation which would bring the ‘buy now pay later’ (BNPL) industry within FCA regulation.

FCA Implementation Plans

The Financial Conduct Authority (FCA) have reviewed a sample of implementation plans and has suggested areas of focus to help firms with their implementation.

Consumer Duty News

To help implement the new Duty, the FCA have broken down key areas of the Duty where it has been receiving highest levels of queries.