FCA consults on revised draft guidance for guarantor loans

28 October

The FCA has published a new consultation in respect of proposed guidance for guarantor loans. This consultation follows the FCA’s initial consultation on this issue in February 2016. The proposed guidance covers the interpretation of “enforcement” under section 87 of the Consumer Credit Act 1974  in relation to guarantor loans and, accordingly, when a default notice […]

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Gough Square Chambers hosts MCD Conference

14 October

The conference was chaired by Jonathan Kirk QC, who provided an initial overview of the Mortgage Credit Directive (“the MCD”) and its purpose. James Ross considered the historic development of regulation of secured lending and analysed the new definition of a “regulated mortgage contract” under art 61 of the Regulated Activities Order 2001. Simon Popplewell […]

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‘R (Hudson) v Liverpool CC’: restructure of consumer protection services

06 October

A hearing in the matter of R (on the application of Stephanie Hudson) v Liverpool City Council was listed on 26th September 2016 before HHJ Pelling QC, in the High Court, Queen’s Bench Division, sitting in Manchester. Stephanie Hudson brought contempt proceedings against Liverpool City Council (‘LCC’) on the basis that it had failed to […]

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