FCA Consultation paper on pre-2004 1st charge mortgages
November 7, 2015The FCA has published consultation paper CP15/36 on the future regulatory treatment of CCA regulated 1st charge mortgages. Consultation paper available here. This consultation...
Supreme Court hands down judgment on penalties
November 4, 2015This morning the Supreme Court handed down a landmark judgment in the conjoined appeals of Beavis and Cavendish. Jonathan Kirk QC and Thomas Samuels...
FCA publishes credit card market interim report
November 4, 2015The Financial Conduct Authority ("the FCA") has published MS14/6.2, its 'Credit Card Market Study' interim report. According to the FCA's interim findings, competition is...
FCA publishes consultation paper on High Cost Short Term Credit
October 29, 2015The Financial Conduct Authority has published a consultation paper on its further proposals for the high-cost-short-term ("HCST") credit market in response to recommendations made...
New FCA Statement on PPI complaints
October 2, 2015The FCA has issued a new statement regarding its intention to consult on two key areas regarding PPI mis-selling complaints. Firstly, whether a deadline...
New consumer rights come into force
October 1, 2015The Consumer Rights Act 2015 is now in force. The Act consolidates much of the UK's existing consumer protection legislation and introduces a number...
Unfair Relationship Bridging Loan CA case
September 28, 2015Mrs McMullon took bridging finance from Secure the Bridge Ltd (“STB”) having met Mr H., a part owner of STB, at a “wealth coaching”...
CJEU ‘Costea’ decision on meaning of ‘consumer’
September 17, 2015The Court of Justice of the EU recently handed down its decision in 'Costea v SC Volksbank Romania SA' (Case C-110/14, 3rd September 2015)....
New FCA handbook website
September 2, 2015The Financial Conduct Authority has launched a new Handbook website. The new website is designed to be more user friendly and includes a timeline...
CMA publishes Unfair Contract Terms response
August 12, 2015On the 31st July 2015 the Competition and Markets Authority published its response to its consultation on unfair contract terms, including updated unfair contract...
Permission to appeal to Supreme Court in intermediate landlord case
July 29, 2015Julian Gun Cuninghame acting on a Public Access basis has succeeded on behalf of the landlord in obtaining permission to appeal to the Supreme...
Supreme Court hears ‘Beavis’ appeal
July 28, 2015Jonathan Kirk QC and Thomas Samuels have appeared in the Supreme Court in Beavis v ParkingEye Ltd (heard 21 - 23 July). The appeal...