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Motor finance, credit broking, buy now pay later and CONC: the rules, the redress activity and how firms prepare.
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The FCA's pause on motor finance complaint handling lifts on May 31, 2026. A practical guide for motor dealers, lenders, and brokers on complaint handling capacity, redress provisioning, and Consumer Duty compliance.
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Consumer CreditCP26/15 has closed: what consumer credit firms should prepare for nextConsumer CreditFCA Week in Review: Motor Finance Redress, Operational Resilience, and Deferred Payment Credit Rules Finalised
Consumer CreditFCA Regulatory Update: PS26/1: Regulation of Deferred Payment Credit (unregulated Buy Now Pay Later)Speak to our ex-regulator team.
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Source-led MEMA review of CP26/15: Reviewing the financial promotions rules for consumer credit, with affected-firm focus, topic-specific control actions, board questions.
The FCA's pause on motor finance complaint handling lifts on May 31, 2026. A practical guide for motor dealers, lenders, and brokers on complaint handling capacity, redress provisioning, and Consumer Duty compliance.
This week's FCA publications finalise £7.5bn motor finance redress, operational incident reporting standards, and bring Buy Now Pay Later under regulation - with immediate compliance implications.
Weekly regulatory briefing covering 5 FCA developments (PS26/1, CP26/1, CP25/30, CP26/7, CP25/2): consequence-led analysis and prioritised actions for compliance leaders.
Understanding the FCA's motor finance commission redress scheme, key deadlines, eligibility, and what affected firms must do to prepare.
FCA publishes PS25/20 final CCI rules replacing PRIIPs KID. Optional start April 2026, mandatory June 2027. Complete implementation guide for UK firms.
The FCA's proposed motor finance redress scheme could cost the industry £8.2bn. Expert analysis of CP25/27 and essential compliance steps for affected firms.
Five years on from the Treasury’s initial pledge, Parliament now has the Financial Services and Markets Act 2000 (Regulated Activities etc.) (Amendment) Order 2025 on its table
Understand the UK's proposed regulation of 'Buy Now, Pay Later' lenders and what financial firms need to prepare for. Insights from MEMA Consultants.
Currently, BNPLs and STFC companies benefit from the exemption under Article 60F of the Financial Services and Markets Act (Regulated Activities) Order 2001 (RAO). Firms providing BNPL products benefiting from the 60F Exemption do not have to be FCA authorised and the agreements do not need to be in a prescribed form under the CCA.
The Consumer Credit Act 1974 (CCA) is a significant piece of legislation that regulates credit agreements, such as personal loans, overdrafts, and credit card purchases. However, the CCA has undergone numerous changes over the years, resulting in a fragmented and complex consumer credit framework that is difficult to navigate.
At MEMA, we believe in upskilling our readers and clients as much as possible. We will be releasing brief explanations into Financial Conduct Authority (FCA)-regulated areas, so you can understand quickly what are the requirements in that area. Our first area will be Credit Broking.
The MEMA Brief
Weekly updates on FCA developments, analysis and upcoming deadlines for regulated firms.
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