Consumer Credit Act 1974: Primary legislation governing consumer credit agreements and consumer lending in England and Wales. Essential if the loan involves individual borrowers.
Financial Services and Markets Act 2000: Key legislation regulating financial services and markets in the UK, establishing regulatory framework for financial activities including lending.
Law of Property Act 1925: Fundamental legislation concerning property law and security interests in property. Relevant if the loan involves property as security.
Companies Act 2006: Principal legislation governing company operations in the UK. Relevant for corporate borrowers and corporate security arrangements.
FCA Handbook: Regulatory guidelines including MCOB (Mortgages and Home Finance: Conduct of Business Sourcebook) providing detailed rules for regulated mortgage activities.
RAO 2001: Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 - Defines which activities require FCA authorization.
CONC Rules: Consumer Credit sourcebook rules providing detailed regulations for consumer credit activities and consumer protection.
Money Laundering Regulations 2017: Regulations governing anti-money laundering requirements and due diligence procedures in financial transactions.
Consumer Rights Act 2015: Legislation protecting consumer rights and regulating unfair terms in consumer contracts, including financial services.
Unfair Contract Terms Act 1977: Legislation regulating unfair terms in contracts, particularly relevant for standardized loan documentation.
Financial Services (Banking Reform) Act 2013: Legislation implementing structural and regulatory reforms to the UK banking sector.
UK GDPR and Data Protection Act 2018: Legislation governing the processing and protection of personal data, crucial for handling borrower information.
