The Financial Services Act 2012 (Consumer Credit) Order 2013 was made yesterday and comes into force today. A copy of the Order is available here or here (pdf). An explanatory memorandum is available here. The Order begins the transition of consumer credit regulation from the Office of Fair Trading to the Financial Conduct Authority.
Friday, 26 July 2013
UK: The Financial Services Act 2012 (Consumer Credit) Order 2013
The Financial Services Act 2012 (Consumer Credit) Order 2013 was made yesterday and comes into force today. A copy of the Order is available here or here (pdf). An explanatory memorandum is available here. The Order begins the transition of consumer credit regulation from the Office of Fair Trading to the Financial Conduct Authority.
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