Wednesday, 11 December 2013

UK: The Financial Services and Markets Act 2000 (Consumer Credit) (Transitional Provisions) Order 2013

The Financial Services and Markets Act 2000 (Consumer Credit) (Transitional Provisions) Order 2013 was laid before Parliament yesterday and will come into force on 31 December 2013. An explanatory memorandum is available here (pdf). The Order provides the FCA with certain powers in preparation for its new role in respect of consumer credit regulation.

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