Jeremy Hunt’s speech on 9th December heralds the (delayed) arrival of the anticipated reform of consumer credit in the UK…and much more. But will the fanfare live up to the industry’s expectations?
The financial services sector have faced unprecedented challenges over the last few years, particularly those involved in the provision of consumer credit. The sector continues to face macro economic challenges and customers continue to be pressured by the cost of living crisis, all of this against the backdrop of a global pandemic and fundamental regulatory form in the guise of the consumer duty.
At any other time, the sector would run towards reform of the Consumer Credit Act (and many other changes spotlighted in the Edinburgh Reforms), but for many the prospect of further driven change may leave them wondering how already stretched teams will respond.
Asset Finance Connect will be holding its first webinar of 2023 to brief members on the consultation, and to provide a Q&A session with Wayne Gibbard from Shoosmiths and a panel of industry practitioners.
- Understand what is being proposed
- Learn how your organisation can engage in the consultation process
- Put your questions to our expert panel lead by Wayne Gibbard, Commercial Clients and Strategy, Shoosmiths
- Want to be a panelist? If you have special knowledge of the review, are strongly in favour of the review, or have concerns you would like to air, and would like to participate then contact Edward Peck on This email address is being protected from spambots. You need JavaScript enabled to view it..
The full line-up of panelists will be announced very shortly.