REGULATION · UK
FCA responds to Treasury's Consumer Credit Act reform plans.
The Financial Conduct Authority (FCA) has issued its response to the UK Treasury's policy statement on reforming the Consumer Credit Act. This marks a step towards modernizing consumer finance regulations.
WHY IT MATTERS
Changes to consumer credit regulations directly impact fintech lenders and traditional banks, shaping product offerings and responsible lending practices, including those driven by AI.
Source: FCA UK · 2026-05-18