Our regulated lending lawyers help financial institutions navigate complex regulatory frameworks, implement market standard documentation and respond to regulatory change.
We provide strategic advice on all aspects of regulated lending, including consumer credit, regulated mortgages, payment services, regulatory capital and FCA permissions.
Working at the forefront of the financial services industry, our regulated lending lawyers offer market-leading insight into technological trends and developments and the consequent alignment of business processes, procedures and policies.
By drawing on expertise from across the firm, we can advise clients on complementary areas of consumer protection including: unfair terms, data protection, dispute resolution and enforcement, tax and employment issues. We also advise on transactions involving packages of regulated loans, from sales of underperforming portfolios through to warehousing/securitisation of performing asset pools.
Areas of focus
Our expertise in regulated lending includes the following:
- Assisting clients with applications to the FCA for permissions/variations of permission.
- Advising clients on the scope of exemptions to regulated activities under the RAO.
- Drafting suites of regulated consumer credit agreements, regulated mortgages and the ancillary documentation required for the ongoing administration of loans.
- Implementation of regulatory change and new technologies, and consequent alignment of business processes, procedures and policies.
- Formulation and review of current and savings account products.
- Debt sales, warehousing and securitisation.
- Advice on compliance with regulatory capital requirements (CRD IV, its UK implementing legislation and the CRR).