Addleshaw Goddard

UK 200 2013 position: 23

InCredit — January 2014: market news

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: market news

  • Warning from foreign banks over China lending limit rules
  • Santander acquires Bank of Shanghai
  • Tesco Bank to launch current accounts
  • New board appointment for Lloyds

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