Consumer credit regulation update: The new FCA regime draws closer

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Consumer credit regulation is moving on 1 April 2014 from the Office of Fair Trading (OFT) to the Financial Conduct Authority (FCA). Following earlier consultations on their overall approach and specific aspects of the regulation, the FCA has now published its detailed rules on the new regime.

Topics covered:

- Who needs consumer credit permission?

- Details on conduct of business and other regulation.

- Fees.

- Group licensing.