UK GDPR and Data Protection Act 2018: Core data protection legislation governing how personal information must be collected, processed, and stored. Essential for credit authorization forms as they involve processing personal data.
Privacy and Electronic Communications Regulations (PECR): Specific rules for privacy of electronic communications, relevant for any electronic consent mechanisms in the authorization process.
Consumer Credit Act 1974: Primary legislation governing consumer credit in the UK, setting out the framework for credit agreements and related authorizations.
Consumer Credit (EU Directive) Regulations 2010: Regulations implementing European consumer credit rules into UK law, providing additional consumer protection measures.
Financial Services and Markets Act 2000: Framework legislation for financial services regulation in the UK, including provisions relevant to credit arrangements.
FCA Handbook - CONC: Consumer Credit sourcebook containing detailed rules and guidance for consumer credit activities regulated by the FCA.
FCA Handbook - BCOBS: Banking Conduct of Business sourcebook providing rules and guidance for banking and lending activities.
Equality Act 2010: Legislation ensuring fair treatment and preventing discrimination in financial services and credit assessment processes.
Financial Services (Banking Reform) Act 2013: Legislation implementing banking reforms, including provisions affecting credit arrangements and consumer protection.
Credit Information Market Investigation Order 2021: Regulations governing the credit reference agency market and the handling of credit information.
Money Laundering Regulations 2017: Anti-money laundering requirements that must be considered when processing credit authorizations and verifying identities.
Proceeds of Crime Act 2002: Legislation dealing with money laundering and proceeds of crime, relevant for due diligence in credit arrangements.
