Browsing: consumer protection News
Reforming the Package Travel Regulations (PTRs) is gaining urgency in the current travel landscape. With a focus on balancing consumer protection and operator liability, stakeholders emphasise…
The UK Treasury has announced new BNPL rules for early 2025 to protect consumers.These rules will include mandatory affordability checks and enhanced consumer protections.A consultation involving…
The Financial Conduct Authority (FCA) is under scrutiny regarding its role in promoting growth, as acknowledged by its CEO, Nikhil Rathi.Nikhil Rathi admitted that the FCA…
The Financial Services Compensation Scheme (FSCS) has declared six financial firms in default over August and September, enabling clients to make claims.The firms involved are no…
The Advertising Standards Authority recently adjudicated a critical complaint against an online travel agent’s pricing practices.This ruling is a significant moment for consumer protection in the…
The eligibility of Binance US in Texas has long been shrouded in uncertainty. Regulatory hurdles in the state pose a significant challenge to the exchange’s operations.Despite…
The Financial Conduct Authority (FCA) has embarked on a detailed review regarding the consolidation activities of financial advice firms.This review involves communication with CEOs and directors,…
The UK Civil Aviation Authority (CAA) has introduced an updated Atol claims portal, marking a significant advancement in consumer rights.Replacing the outdated externally-hosted system, the new…
The Solicitors Regulation Authority (SRA) is amplifying its efforts towards enhancing price transparency in legal services.The re-energised agenda may require firms to disclose prices in a…
In 2024, financial firms face increased regulatory pressure due to heightened scrutiny by the FCA.KPMG UK’s Regulatory Barometer indicates intensified consumer protection oversight.The digital finance reliability…
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