InCredit — January 2014: and also...
This month’s round-up of developments affecting the consumer credit industry sees the Financial Services (Banking Reform) Bill receive Royal Assent; the EU agree a landmark bank deal; recommended changes to the Draft Consumer Rights Bill; and the publication of the Mortgage Credit Directive text.
Contents: and also…
- Autumn Statement 2013
- EU opens summit buoyed by landmark bank deal
- Financial Services (Banking Reform) Bill — third reading/receives royal assent
- OFT letter to the banks that have given undertakings
- EC to publish legislative proposal on EU banking structural reforms in January 2014
- PRA establishes Practitioner Panel
- Financial Services and Markets Act 2000 (Designated Consumer Bodies) Order 2013
- BoE publishes Q4 2013 bulletin
Click on the link below to read the rest of the Addleshaw Goddard briefing.
News from Addleshaw Goddard
News from The Lawyer
Briefings from Addleshaw Goddard
The Supreme Court in Coventry v Lawrence has altered the approach that courts will take when considering whether to grant injunctive relief or damages.
Data & Information E-Alerts — nuisance calls action plan; £50,000 fine for unlawful calls; simpler security classifications; and more
Addleshaw Goddard has released the 4 April 2014 edition of its Data & Information E-Alerts publication.
Analysis from The Lawyer
Could Slater & Gordon achieve its stated aim of becoming a top consumer brand by acquiring Pannone?
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.