All articles by Jo Owens

Jo Owens

A new approach to regulation

After holding consultations with all the parties concerned, the government concluded there is a fundamental weakness in the split in responsibility for retail finance between the Financial Services Authority (FSA) and the Office of Fair Trading (OFT)

Credit intermediaries and the CDD

Article 21 of the Consumer Credit Directive 200848EC (CCD) places new obligations on credit intermediaries acting as agent for the lender for consumer credit business