This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

UK's 'buy now, pay later' credit boom needs urgent regulation, former FCA chief says

By Fiona Maxwell ( October 8, 2021, 10:37 GMT | Insight) -- "Buy now, pay later" consumer-credit providers are still not subject to regulation eight months after a former FCA chief recommended that the government legislate for the booming industry. The delay is understandable due to the pandemic and Brexit, Chris Woolard said today, but regulation needs to happen now.Financial-services companies offering consumers delayed payment for purchases need a legislative regime as soon as possible, despite a longer delay than initially anticipated, the UK’s former chief financial services regulator said today. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login