Addleshaw Goddard

UK 200 2013 position: 23

InCredit March 2014 — consumer credit

This month’s round-up of developments affecting the consumer credit industry sees the Financial Conduct Authority (FCA) announce tough rules for payday lenders; the Competition Commission (CC) publish a third set of working papers on payday lending market investigation; and the OFT update consumer credit license application information.

Contents

  • FCA announces tough rules for payday lenders; consults on payment institutions
  • Consumer Credit Act 1974 (Green Deal) (Amendment) Order 2014
  • Transfer of consumer credit regulation
  • CC publishes third set of working papers on payday lending market investigation
  • ECB publishes PSD2 and interchange fees opinions
  • FCA publishes new consumer credit-related webpages
  • FCA to publish its Risk Outlook and Business Plan for 2014–15
  • IOSCO report: crowdfunding — an infant industry growing fast
  • OFT urges universities to treat students in debt fairly
  • Government ‘underestimates’ student loan repayments
  • OFT updates consumer credit license application information
  • Two SI’s relating to transfer of consumer credit regulation published
  • FCA modification by consent of MIPRU 4 and SUP 16.2

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

Briefings from Addleshaw Goddard

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Analysis from The Lawyer

  • pannone.jpg

    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.

View more analysis from The Lawyer

Overview

Milton Gate
60 Chiswell Street
London
EC1Y 4AG
UK
http://www.addleshawgoddard.com

Turnover (£m): 166.50
No. of Lawyers: 592

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