Yesterday the Government announced the next step in the torturously slow road to regulation of Buy Now Pay Later (BNPL), being the publication of draft legislation to bring BNPL under FCA regulation. City Minister Emma Reynolds said the new rules were designed to tackle a sense of “wild west” in the BNPL space. In this article, I suggest that by the time the Sheriff eventually arrives in town, the market could have already resolved the problem.

What to expect from the Supreme Court's motor finance commissions case and how finance companies can prepare for FCA redress guidance

In September 2024, the Financial Reporting Council published new lease accounting rules that many UK companies are required to...