Consumer Credit Act 1974: Primary legislation governing consumer credit agreements in England and Wales. Essential if the loan is to a consumer, covering requirements for credit agreements, licensing, and consumer protections.
Financial Services and Markets Act 2000: Key legislation regulating financial services activities in the UK, establishing the regulatory framework and FCA's powers.
Consumer Rights Act 2015: Legislation consolidating consumer rights and protections, including unfair terms in consumer contracts.
Unfair Contract Terms Act 1977: Controls unfair terms in contracts, particularly exclusion and limitation clauses.
Consumer Credit (Disclosure of Information) Regulations 2010: Secondary legislation specifying what information must be disclosed to consumers in credit agreements.
Financial Services and Markets Act 2000 (Regulated Activities) Order 2001: Defines which activities require FCA authorization, including certain lending activities.
Consumer Credit (Agreements) Regulations 2010: Details the form and content requirements for consumer credit agreements.
FCA Handbook - CONC: Consumer Credit Sourcebook containing detailed rules and guidance for consumer credit activities.
FCA Handbook - MCOB: Mortgages and Home Finance Conduct of Business Sourcebook, relevant if the loan involves property finance.
FCA Handbook - PRIN: Principles for Businesses setting out fundamental obligations of regulated firms.
Money Laundering Regulations 2017: Regulations requiring checks and procedures to prevent money laundering and terrorist financing.
Proceeds of Crime Act 2002: Legislation dealing with money laundering offenses and reporting requirements.
UK General Data Protection Regulation: Post-Brexit data protection legislation governing how personal data must be handled.
Data Protection Act 2018: UK's implementation of data protection requirements, working alongside UK GDPR.
Consumer Protection from Unfair Trading Regulations 2008: Prohibits unfair commercial practices between traders and consumers.
Financial Services (Distance Marketing) Regulations 2004: Governs financial services contracts made at a distance, including specific disclosure requirements.
