All the updated news related to financial services and markets bill

All the news related to financial services and markets bill updated in real time

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Personal Finance

Consumer Credit Act will be reformed ‘to keep pace with the modern world’

The Consumer Credit Act, which regulates credit card purchases and personal loans and dates back to the 1970s, is to be reformed to make it fit for modern life, the Government has announced. The move will cut costs for businesses and simplify rules ...

16 Jun 2022 at 14:33

Personal Finance

Fraud ‘remains persistent threat to businesses, consumers and economic growth’

Fraud remains a persistent threat to businesses, consumers and the growth of the economy, not to mention the reputation of the UK, according to a banking and finance industry trade association. Criminal gangs are simply bypassing banks’ advanced ...

13 Oct 2022 at 16:18

Personal Finance

Banks will be required to reimburse APP scam victims from next year

New rules compelling banks to reimburse scam victims who have been tricked into paying fraudsters will come into force next year, a regulator has said. Most victims of authorised push payment (APP) fraud will be reimbursed within five business ...

07 Jun 2023 at 15:58

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