REGULATION · UK
UK buy-now-pay-later regime enters force with affordability and transparency mandates
The UK's new regulatory framework for BNPL providers is now active, requiring disclosure standards, affordability assessments, and mandatory support for customers in arrears—closing a gap left by pre-2024 light-touch oversight.
WHY IT MATTERS
Creates compliance cost for BNPL operators and may force consolidation; signals global shift toward treating BNPL as consumer credit, not fintech exception.
Source: Finextra · 2026-07-15