Webinar

Webinar - The future regulation of buy now pay later

DOWNLOAD PDF

COPY LINK

Published Date

Nov 7 2024

Related people

Following the 2021 Woolard Review on the regulation of buy now pay later (“BNPL”), HM Treasury has published its consultation on the draft legislation that will see various widely available interest free products brought within the regulatory perimeter. As expected, the proposal is for the BNPL regime to be lighter and less prescriptive than that in place for other types of regulated credit, but it still signals a significant change for some lenders who, up to now, have offered only products falling outside some or all the UK regulatory regime.

In this webinar, our financial services regulatory and payments experts looked at the changes being proposed, how they fit into the wider UK retail credit landscape, what the (new) Temporary Permissions Regime is likely to mean for both lenders and merchants, and the areas in which lenders and others might want to engage with the FCA as it formulates the new rules for the BNPL sector.

Watch the webinar on The Future UK Regulatory Framework for Buy Now Pay Later.