Search results for Card Act 2009

HMT publishes policy statement on reform of the Consumer Credit Act 1974

On 18 May 2026, HM Treasury (HMT) published a policy statement on reform of the Consumer Credit Act 1974 (CCA). Background In May 2025, HMT published its Phase 1 consultation on CC...

Cards, Payments, and Consumer Banking - March 2026

Welcome to the sixth chapter of our annual report, Consumer Financial Services: 2025 Year in Review. We expect financial institutions will continue to navigate a fractured regulat...

Cards, Payments, and Consumer Banking - March 2026

Welcome to the sixth chapter of our annual report, Consumer Financial Services: 2025 Year in Review. We expect financial institutions will continue to navigate a fractured regulat...

FCA CP26/15: Reviewing the financial promotions rules for consumer credit

On 29 April 2026, the Financial Conduct Authority (FCA) published Consultation Paper 26/15: Reviewing the financial promotions rules for consumer credit (CP26/15). Background Befor...

Credit Reporting - March 2026

Welcome to the ninth chapter of our annual report, Consumer Financial Services: 2025 Year in Review. In 2025, Goodwin tracked four public enforcement actions related to credit rep...

Tourism group decries credit card bill

The organization backed by the Electronic Payments Coalition attacked the Consumer Credit Card Competition Act proposal.

Phase 2? We don’t need phase 2 where we’re going…

Almost a year to the day since HM Treasury kicked off its reform of the Consumer Credit Act 1974 (CCA), we have news - and not quite the news many were expecting....By: A&O She...

Regulating BNPL – FCA issues directions and notification form for TPR

On 1 April 2026, the Financial Conduct Authority (FCA) updated its webpage on Regulating Buy Now Pay Later (BNPL) by updating the text on the temporary permissions regime (TPR). Th...

Bankruptcy Abuse Prevention and Consumer Protection Act: A Plain-Language Guide

Prior to 2005, filing for Chapter 7 bankruptcy was a straightforward process for many debtors. However, the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act (...

UK FCA consults on changes to the financial promotion rules for consumer credit

The UK Financial Conduct Authority (FCA) has published consultation paper CP26/15, setting out proposals to review and simplify the financial promotions rules in the Consumer Credi...

Congress Should Pass Credit Card Competition Act

Telephone Consumer Protection Act (TCPA) and Mini-TCPAs

Welcome to the fourth chapter of our annual report, Consumer Financial Services: 2025 Year in Review. The Telephone Consumer Protection Act (TCPA) landscape in 2025 saw federal ro...

FCA seeks views on on changes to APR advertising

The Financial Conduct Authority (FCA) is reviewing whether Annual Percentage Rates (APRs) help consumers understand borrowing costs and is seeking views on whether it should change...

Telephone Consumer Protection Act (TCPA) and Mini-TCPAs

Welcome to the fourth chapter of our annual report, Consumer Financial Services: 2025 Year in Review. The Telephone Consumer Protection Act (TCPA) landscape in 2025 saw federal ro...

OCC Responds to the District Court’s Decision in Illinois Bankers Association v. Raoul by Issuing Interim Final Actions...

On April 24, 2026, the Office of the Comptroller of the Currency (OCC) issued two coordinated interim final actions: an Interim Final Rule amending 12 CFR § 7.4002 governing nat...

CFPB Significantly Revises Equal Credit Opportunity Act Rule, Regulation B

On April 18, the Consumer Financial Protection Bureau (CFPB) finalized their proposed rule to amend Regulation B, the promulgating rule tied to the Equal Credit Opportunity Act (EC...

Gift Card Rule Change in California Raises Compliance Stakes

Since January 1, 2008, California law has required retailers to redeem remaining gift card balances of less than $10 for cash when a consumer requests it. This threshold recently c...

Hot Potato: The OCC and Courts Battle Out the Fate of the Illinois Interchange Fee Prohibition Act

On April 29, 2026, the OCC, a division of the federal Department of the Treasury that regulates nationally chartered banks, issued an interim final rule and order declaring that fe...

FCA PS26/8: Retail banking business models data

On 29 May 2026, the Financial Conduct Authority (FCA) published Policy Statement 26/8: Retail banking business models data (PS26/8). Background In January 2026, the FCA consulted o...

RegFi Episode 95: Assessing the Impact of a 10% Rate Cap on Credit Cards

AEI’s Paul Kupiec joins RegFi co-hosts Jerry Buckley and Sasha Leonhardt to analyze the potential impact of a proposed 10% cap on credit card balances. Kupiec, a highly respected c...

UK Businesses, Take Note: The UK Consumer Law Regulator Exercises New Consumer Enforcement Powers for the First Time

The UK Competition and Markets Authority (CMA) has taken two steps under the Digital Markets, Competition and Consumers Act 2024 (DMCC Act), marking an escalation in UK consumer en...

New York Just Changed the Game for Buy Now, Pay Later

New York became the first state to publish comprehensive regulations governing Buy Now, Pay Later (“BNPL”) financing on February 23, 2026, and the implications for retail finance a...

Illinois Swipe Fee Law Update: Federal Agency Action Adds Uncertainty Before July 1

Illinois’ first-in-the-nation Interchange Fee Prohibition Act has become more than a dispute over credit card “swipe fees.” It has since evolved into a test of state authority, fed...

Beyond the Checkout: How the RBA’s surcharge reforms shift pressure to merchant onboarding and compliance

From 1 October 2026 in Australia, surcharges on eftpos, Mastercard and Visa debit, prepaid and credit cards will be removed.