The UK Treasury has published its response to its December 2022 consultation on reforming the Consumer Credit Act 1974 (CCA) (see briefing Consumer Credit Overhaul Confirmed). The consultation was published on the same day that the Government announced a package of reforms for the existing financial regulatory framework and that theFuture
UK Treasury looks at overhauling the Consumer Credit Act 1974
There could be a post-Brexit opportunity for Government to align consumer credit regulation with both modern and domestic realities.