Addleshaw Goddard

UK 200 2013 position: 23

InCredit — February 2014: consumer credit

This month’s round-up of developments affecting the consumer credit industry sees an announcement on the progress of the Consumer Rights Bill; the European Commission announce its plans for structural reform of the EU banking sector; and the EC adopt the Mortgage Credit Directive.

Contents: consumer credit

  • Consumer Rights Bill progress
  • BSA and FLA response to FCA CP13/10 on consumer credit regime
  • High Cost Credit Bill — provisional sitting for second reading debate
  • Draft SI’s relating to transfer of consumer credit regime published
  • DECC additional response to consultation on definition of ‘debtor’ in s189 of the CCA 1974 for Green Deal
  • Payday loans ‘fund cost of housing’
  • FLA publishes November lending figures
  • FCA publishes new consumer credit webpages
  • UK Statutory Instrument: the Co-operative and Community Benefit Societies and Credit Unions Act 2010 (Commencement No. 2) Order 2014 (30 January 2014)
  • EU Council on SEPA amendments

Click on the link below to read the rest of the Addleshaw Goddard briefing.

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Analysis from The Lawyer

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    Another Mancunian merger for Slater & Gordon?

    Could Slater & Gordon achieve its stated aim of becoming a top consumer brand by acquiring Pannone?

  • Addleshaws

    Number crunching: Addleshaw Goddard

    The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.

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