This section covers regulatory, transactional or litigious matters including advising on the Consumer Credit Directive, credit cards and loans, point of sale finance and personal insolvency.
The Financial Conduct Authority consulted on its proposals for the implementation of the new European Mortgage Credit Directive.
The SRA is proposing that it ceases being a designated professional body in relation to consumer credit activity. Read our response.
Read the Law Society response to the HMRC consultation, examining the transposition of the Directive into UK law, including policy, technical and operational matters.
The Law Society has launched its consumer campaign, reminding the public to use a solicitor for legal advice instead of unregulated providers.
Read the Law Society's recommendations.
Evidence that pay day lender Wonga sent bullying letters from fake law firms to threaten customers has emphasised the need for the public to check credentials when approached by what appear to be professionals.
This practice note only applies to contracts entered into before 13 June 2014.
The Law Society outlines the problems with the laws which govern business-to-consumer transactions and the consumer enforcement framework.
The Law Society has warned that a proposal by the Legal Ombudsman to cover complaints about unregulated legal providers could be detrimental to consumers.
The Law Society has welcomed publication of the draft Consumer Rights Bill which will help reduce regulatory complexity.
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