News & Analysis as of

Debt Collection Financial Conduct Authority (FCA)

Hogan Lovells

Consumer finance regulatory news, January 2021 # 2

Hogan Lovells on

Debt firms: FCA portfolio letter - The UK Financial Conduct Authority (FCA) has published a portfolio letter it has sent to debt purchasers, debt collectors and debt administrators (collectively debt firms) setting out the...more

Hogan Lovells

Consumer finance regulatory news, November 2020 # 3

Hogan Lovells on

Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England and Wales) Regulations 2020 - The Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England...more

A&O Shearman

HSBC to Provide Voluntary Redress for Historical Debt Collection Practices

A&O Shearman on

The Financial Conduct Authority announced that HSBC Bank Plc has voluntarily agreed to set up a redress scheme of approximately £4m for customers who suffered detriment by paying unreasonable debt collection charges imposed...more

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