Personal Banking | Consumer Finance
In this regulated area of business we help numerous clients navigate the risk, compliance and regulatory issues associated with the provision of finance to consumers, and act in enforcement of security and in the resolution of associated disputes.
We are panel lawyers for banks and providers of financial services to consumers for the documentation of such finance facilities and associated security.
Our expertise:
- consumer credit
- regulated and unregulated mortgages
- private and retail banking
- equipment finance
- asset-backed lending and pawnbroking
- associated retail banking services, including money transfer, payment systems and safe deposits
- manufacturer and retailer product finance
- loans to trust beneficiaries and family members
Our experience:
- advising UK and overseas banks providing residential loans secured on residential property
- acting for lenders providing personal unsecured loan finance
- advising providers of vehicle finance, including hire purchase and leasing services
- advising providers of finance of bespoke medical devices and medical implants
- acting in respect of online and physical asset finance and pawnbroking services, and on payment and money transfer services
- gold and precious metals financing and safe deposit services
- security over share and bond portfolios and cash collateral
We act in resolving disputes before the courts, both directly in consumer finance matters and also in wider disputes involving land, fraud, asset tracing and insolvency. We handle complaints to the Financial Ombudsman Service.
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Articles & Publications
ECCTA comes into force in stages and this article aims to provide a concise overview of what changes have been introduced, what are the upcoming changes and how to prepare for them. Organisations should be aware of these changes to ensure compliance and avoid the risks of penalties.
The Economic Crime and Corporate Transparency Act (the “Act”) has introduced a number of reforms to Companies House in March this year. One of the Act’s aims is to improve corporate transparency and enhance the role of Companies House.
In our latest review we reflect on some notable developments and trends in UK corporate and commercial law.
The UK government has been exploring a programme of wide-ranging reforms to the listing regime since 2020. This was driven in part by market feedback indicating that the UK listing regime was regarded as overly burdensome and deterring companies from listing in the UK.
In the second part of our year end recap, we reflect on some of the more notable developments of the past 12 months in the areas of Mergers & Acquisitions, Corporate Governance and Business Crime.
The corporate finance regulatory framework is experiencing seismic shifts as the UK government looks to implement change necessitated or facilitated by Brexit and to maintain and enhance the UK’s position in the global financial marketplace. As we approach the year end, we recap on the status of some of the key changes and developments in the UK’s corporate sector over the past 12 months.
As we enter a new year, environmental and social responsibility becomes an ever brighter light on the radar of business. A series of diverse drivers have converged to ensure that ESG (Environmental, Social, Governance) has become or is fast becoming a top priority for businesses across the globe.
Our Capital Markets Briefing covers the FCA Task Force on climate-related financial disclosures, the UK Secondary Capital Raising Review, the UK Prospectus regime review and the FCA confirming that it will be extending to standard listed companies the obligation to make climate related disclosures.
In our latest briefing, we look at warranty disclosures following the recent Court of Appeal ruling in Butcher v Pike [2021] along with warranty claims and interpretation of financial caps following the High Court decision where a claim for breach of warranties in a share purchase agreement was considered.
On 15 November 2021, the government published new National Security and Investment Act 2021 (NSIA 2021) guidance on notifiable acquisitions and updated guidance on what to expect when an acquisition is being reviewed and assessed.