Consumer Finance

Representative experience

Advised two major retail banks on an extensive audit of their consumer credit lending against regulatory requirements in the UK.

Advised a number of UK lenders on the implementation of the mortgage credit directive.

Advised on the design of innovative and first-to-market financial products, including the first current account mortgage, P2P loans, and online executive of consumer credit agreements.

Advised on the launches of P2P lenders Zopa and Wonga and on the ongoing structuring of BancAlliance and Fundation's partnership on small business lending.

News

Hogan Lovells PSD3 Impacts Report: Latest edition incorporates Council of EU’s position – next stop inter-institutional negotiations on final texts

05 September 2025

Whilst the legislative proposals for a Directive on payment services and electronic money services (PSD3) and a Regulation on payment services in the EU (PSR) will require payment service...

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“Naming and shaming”: The UK Financial Conduct Authority backs down

27 March 2025

The Financial Conduct Authority’s (FCA) proposals to change its approach to announcing enforcement investigations have possibly been its most controversial to date, inciting a universally...

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The Central Bank of Ireland (CBI) has now published the revised Consumer Protection Code which will go into effect on 24 March 2026

26 March 2025

The CBI’s Consumer Protection Code was first introduced in 2006 and has been heavily amended in the intervening years. The Code is designed to ensure that financial service...

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The UK government’s Action Plan for regulators – a new approach?

21 March 2025

The government has published a policy paper containing an Action Plan for “A new approach to ensure regulators and regulation support growth”. The Action Plan shows a shift in approach...

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Mortgages and the UK government’s pro-growth agenda: FCA outlines plans to refine and simplify regulatory regime

20 March 2025

Following the FCA’s January 2025 response to the government’s request for ideas to support its growth mission for the UK economy, the regulator has now written to the Economic...

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