Bill McCaffrey

Oct 17, 2024 | cms.law | James Dickie |Bill McCaffrey

21/10/2024On 17 October 2024, HM Treasury (“HMT”) published a consultation setting out its detailed approach to regulating the Buy-Now Pay-Later (“BNPL”) market, along with draft legislation which would bring certain deferred payment credit (“DPC”) agreements... Read more

Jul 30, 2024 | cms.law | Tom Dane |Alison McHaffie |Bill McCaffrey

Motor finance commission claims: FCA leaning towards consumer redress scheme in 2026? 30/07/2024Announcements made by the FCA on 30 July 2024 suggest that motor finance commission claims could be the subject of a consumer redress scheme implemented in 2026. Whilst the FCA are keen to stress that nothing has been decided yet and various options remain on... Read moreAuthors Alison McHaffiePartnerLondonBill McCaffreyPartnerLondon

Oct 12, 2023 | cms.law | Bill McCaffrey |Alison McHaffie

Su­preme Court provides importance guidance on limitation in the context of “unfair relationship” claims under sections 140A-C of the Consumer Credit Act 197412/10/2023The recent Supreme Court judgment in Smith and another v Royal Bank of Scotland plc [2023] UKSC34 is an important decision for all lenders in the context of claimants seeking relief as a result of an alleged “unfair relationship” under sections 140A-C of the...

Sep 15, 2023 | cms.law | Bill McCaffrey |Alison McHaffie |James Dickie |Faye Ellis

15/09/2023If your firm is authorised by the Financial Conduct Authority (“FCA”) but is not within scope of the Money Laundering Regulations 2017, you may want to check your FCA fee statement. This is because your firm may have been charged the Economic Crime (Anti-Money... Read more