| 1 | An overview of the UK consumer credit regime A high-level overview of the consumer credit regime in the UK under the Consumer Credit Act 1974 (CCA). The note links to more detailed materials on key elements of the regime. | Practice note: overview | Maintained |
| 2 | Consumer credit resources This resources document brings together key EU and UK developments in the area of consumer credit and contains links to the key source materials relating to these developments. It is not intended to be an exhaustive list of all consumer credit materials published by interested parties. | Practice note: overview | Maintained |
| 3 | Hot topics: The future of the OFT and consumer credit ... This practice note is one of a suite of PLC Financial Services notes on the government's proposals for the future of the OFT (in relation to its role as a consumer credit regulator) and reform of the UK consumer credit regime. The suite of notes covers the government's: Plan to create a single retail financial services regulator, by transferring consumer credit regulation from the OFT to the FCA on 1 April 2014. 2010/11 review of the consumer credit regime. Plan to transfer second (and subsequent) charge mortgage regulation from the OFT to the FCA on 1 April 2014. This note tracks developments in each of these areas and sets out the milestones for future development. It also links to more detailed practice notes on each of these areas of reform. The key primary source material tables in this note contain links to key primary source material and related PLC Financial Services legal updates. They are not intended to be exhaustive lists of all relevant materials published by interested parties. | Practice note: overview | Maintained |
| 4 | Application of the Consumer Credit Act 1974 to loans secured ... Consideration of the application of the Consumer Credit Act 1974 (CCA) to loans secured on land. | Practice notes | Maintained |
| 5 | Consumer Credit Directive: key changes to the UK regime ... A summary of the key changes to the Consumer Credit Act 1974 (CCA), and a number of the regulations made under that Act, that took effect on 1 February 2011 as a result of the UK implementation of the Consumer Credit Directive (2008/48/EC) (CCD). Changes to the UK consumer credit regime made after 1 February 2011 are outside the scope of this note. | Practice notes | 08-Mar-2013 |
| 6 | Consumer Credit Directive: UK transposition table A transposition table that explains how the Consumer Credit Directive (2008/48/EC) (CCD) has been implemented in the UK. The table gives a brief explanation of the objectives of each of the CCD Articles and identifies the UK legal and regulatory provisions that have implemented each Article. The CCD was fully implemented in the UK on 1 February 2011. | Practice notes | Maintained |
| 7 | Drafting consumer credit agreements: How to start Consideration of the drafting rules laid down by the Consumer Credit Act 1974 (CCA), and the subordinate legislation made under the Act, which applies to consumer credit agreements. | Practice notes | Maintained |
| 8 | Government's 2010/11 review of the consumer credit regime An outline of the government's review of the consumer credit regime, which was carried out between July 2010 and November 2011. The review was intended to focus primarily on matters that may have needed urgent attention. | Practice notes | 21-Nov-2011 |
| 9 | Key differences between the CCA and FSMA regimes The OFT's consumer credit regime under the Consumer Credit Act 1974 (CCA) and the FSA's financial services regime under the Financial Services and Markets Act 2000 (FSMA) are two very different regulatory regimes. These regulators have different statutory powers and different ways of regulating. This note outlines the key differences between the two regimes. It reflects the position as at December 2010. Changes to the regulatory regimes under the CCA and FSMA made after December 2010 are outside the scope of this note. | Practice notes | 10-Mar-2013 |
| 10 | OFT anti-money laundering regime An overview of the OFT's anti-money laundering (AML) regime under the Money Laundering Regulations 2007 (SI 2007/2157) (MLRs). The regime applies to consumer credit lenders carrying on business in the UK who are not authorised under the Financial Services and Markets Act 2000 (FSMA) or supervised by HMRC as a money service business (MSB). Consumer credit lenders that fall within the OFT's regime are known as "consumer credit financial institutions" or "CCFIs". CCFIs have had to comply with AML legislation since 1994. However, until the MLRs came into force on 15 December 2007 CCFIs did not have a statutory supervisor. The OFT's regime under the MLRs also applies to estate agents, however, they are outside the scope of this note. | Practice notes | Maintained |
| 11 | Overview of key requirements under the Consumer Credit Act ... A summary of the key requirements of the regime under the Consumer Credit Act 1974 (CCA) for lenders and hirers entering into regulated agreements. This note is designed to help firms to easily identify and access the key legal and regulatory requirements in this area. The key requirements are set out in table format and the table includes links to the relevant legal and regulatory requirements. | Practice notes | Maintained |
| 12 | Scope of the Consumer Credit Act 1974 A summary of the main types of agreement that fall within the scope of the Consumer Credit Act 1974 (CCA), and other key priorities of the CCA that people involved with the provision of consumer credit need to be aware of. | Practice notes | Maintained |
| 13 | The regulation of consumer credit advertisements An overview of the regime established by the Consumer Credit Act 1974 (CCA) and subordinate legislation in relation to the regulation of consumer credit advertisements. | Practice notes | Maintained |
| 14 | Transfer of second charge mortgage regulation from OFT to ... An overview of the government's plan to transfer the regulation of second charge mortgages from the OFT to the FCA (one of the bodies that replaced the FSA on 1 April 2013). The transfer is expected to take effect on 1 April 2014 (the date that the OFT will cease to exist). Please note that we are in the process of updating this note to take account of the following consultation papers on the FCA's consumer credit regime, both of which were published on 6 March 2013: A joint HM Treasury and Department for Business, Innovation and Skills (BIS) consultation paper, A new approach to financial regulation: transferring consumer credit regulation to the Financial Conduct Authority. An FSA consultation paper, High-level proposals for an FCA regime for consumer credit (CP13/7). For an overview of the proposals set out in these consultation papers, see Legal update, Government and FSA consult on transferring consumer credit regulation to the FCA. | Practice notes | Maintained |
| 15 | Varying consumer credit agreements Consideration of issues that arise if an agreement regulated by the Consumer Credit Act 1974 (CCA) is varied or supplemented, and discusion of some of the problems that arise in documenting a modifying agreement as defined by that Act. | Practice notes | Maintained |