Latest Articles

The regulation of consumer credit will soon transfer from the Office of Fair Trading (the OFT) to the Financial Conduct Authority (FCA) on 1 April 2014 and is arguably the most significant change in the way that consumer credit is regulated since the introduction of the Consumer Credit Act 1974 (the CCA). The FCA has recently published guidance concerning its approach to enforcement in the consumer credit regime. Most of the rules and guidance in the…