Earlier this year, the FCA published CP18/12, which proposed measures to reduce consumer harm and strengthen protections for customers of home-collected credit, catalogue credit and store cards.
Following this, the FCA has published CP18/43, which:
- responds to feedback received to this earlier consultation paper and sets out final rules and guidance;
- includes finalised guidance for registered social landlords; and
- consults on a package of remedies for Buy Now Pay Later BNPL offers.
Responses can be made to the proposed BNPL measures until 18 March 2019.