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New Regulations Proposed Legislation Borrowers

Hogan Lovells

Buy-Now Pay-Later regulation: Government confirms final position

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HM Treasury has confirmed its approach to the regulation of Buy-Now Pay-Later (BNPL) lending in its response to the October 2024 consultation. On 19 May 2025, Government also laid draft legislation before Parliament. Given...more

Hogan Lovells

UK consumer credit reform and buy-now pay-later regulation – May 2025 developments

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On 19 May 2025, HM Treasury released a suite of publications as part of its ongoing efforts to modernise the UK’s consumer credit framework. These include the Consumer Credit Act Reform – Phase 1: May 2025 Consultation, the...more

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