InCredit — February 2014: consumer credit

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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.