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A re-think on the Pre-Action Protocol for debt claims

Following the third attempt by the Ministry of Justice at setting up a pre-action protocol for debt claims, it appears that a decision has been made to consult with creditors. The last proposal put forward had been presented by a …

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SRA proposal leads to closer clarification for law firms over FCA authorisation for consumer credit work

The last seven days has seen a significant step in clarifying the position over whether law firms regulated by the Solicitors’ Regulation Authority (the SRA) also need to be authorised by the FCA to continue to act for their clients …

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Limited Permission regime – a false sense of security?

Firms should not be lulled into a false sense of security over the apparent recent extension of the limited permission regime to the broking of hire purchase and consumer hire agreements. This extension is actually of limited application and could …

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FCA & Consumer Credit Regime DWF help you navigate through the changes.