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Comment: Klarna, Afterpay, other UK unregulated credit companies face regulatory storm

By Fiona Maxwell ( December 30, 2020, 12:00 GMT | Comment) -- Klarna, Afterpay and other unregulated credit companies operating in the UK will likely see a barrage of new rules coming their way in 2021 as supervisors turn their attention to parts of the retail consumer market that have slipped through the regulatory cracks. But there are already warnings that the unstoppable growth of "buy now, pay later" companies means it could be too late by the time those rules are in force.Klarna, Afterpay and other unregulated credit companies operating in the UK will likely face a barrage of new rules coming their way in 2021 as supervisors turn their attention to parts of the retail consumer market that have slipped through the regulatory cracks....

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