Consumer Credit: Law and Practice [Hardcover]

Chapter 1: Key Concepts in Consumer Credit Law  Chapter 2: The Regulatory Framework  Chapter 3: Regulated Activities and Exempt Agreements  Chapter 4: Authorisation and the Failure to Obtain it  Chapter 5: Continuing Regulatory Powers and Obligations after Authorisation  Chapter 6: Advertisement and Financial Promotion  Chapter 7: Pre-Contract Requirements  Chapter 8: Requirements Governing Entry into Agreements  Chapter 9: Withdrawal and Cancellation  Chapter 10: Rights of the Borrower and Hirer  Chapter 11: Rights and Duties of the Lender and Owner  Chapter 12: The Provision and Regulation of Security  Chapter 13: Regulated Mortgage Contracts; the Mortgage and Home Finance Conduct Of Business Sourcebook  Chapter 14: The Conduct of Particular Types of Credit Activity  Chapter 15: Operation of Ancillary Credit Activities  Chapter 16: Powers of the Court; the Financial Ombudsman ServiceAlexander Hill-Smith is a barrister at New Square Chambers.

The field of consumer credit law has undergone major and fundamental change in the recent past, due in part to the regulation since 1 April 2014 of consumer credit by the Financial Conduct Authority, and this book provides a clear and complete guide to this difficult area of law.

Fully updated for the second edition, the author considers new developments including:

• the new authorisation process under the Financial Services and Markets Act 2000, including the interim permission regime, and its consequences
• the new regime for financial promotions as applied to credit and hire advertising; the new rules controlling high cost short term lending and peer to peer lending
• the new provisions of the recently released Consumer Credit Sourcebook (CONC)
• the new reql“%