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Consumer
Dodd-Frank, Consumer Protection Act
Australia
K&L Gates
On 12 March 2024, the Australian Treasury released for consultation an exposure draft legislative package that proposes to amend the current regulatory framework to regulate low cost credit contracts (LCCCs), including Buy Now Pay Later (BNPL) arrangements and other types of credit contracts.
Bahrain
Raees + Co
The impact of technology in the legal world is undebatable. Legislators are continuously faced with new technological challenges and possibilities to enact laws that safeguard individuals from harm.
Canada
Gowling WLG
Canada's Consumer-Driven Banking Framework (Framework) was released alongside the 2024 federal budget, and serves as an update to the previously released 2023 Fall Economic Statement...
McCarthy Tétrault LLP
On February 29, 2024, McCarthy Tétrault proudly hosted our 14th Annual National Retail and Consumer Markets Summit. Each year, this gathering is carefully curated...
Blake, Cassels & Graydon LLP
Following recent rulings in prominent cases such as Union des consommateurs v. Air Canada (Air Canada), Fortin v. Mazda Canada Inc. (Mazda)...
Egypt
Andersen in Egypt
في السنوات الأخيرة، شهدت مصر تحولا كبيرا في مشهد الخدمات المالية، حيث ظهر...
Andersen in Egypt
In recent years, Egypt has witnessed a significant shift in its financial services landscape, with microlending emerging as a pivotal force in driving financial inclusion...
India
Khaitan & Co LLP
On 26 March 2024, a press release (Press Release) has been made available on the website of Advertising Standards Council of India (ASCI), which indicates that it has forged a strategic alliance with Department of Consumer Affairs (DoCA) to combat the issue of misleading advertisements in India.
NovoJuris Legal
The Reserve Bank of India ("RBI") has recently issued an amendment to the Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022.
Ireland
Arthur Cox
Published on 7 March 2024, the Central Bank's Consultation Paper CP158 on its planned reforms to the Consumer Protection Code (CPC) is open for feedback until 7 June 2024.
Matheson
The Matheson Spring Horizon Tracker has just been distributed to our clients this week with an 'as of' date of 10 March 2024.
Arthur Cox
The Central Bank of Ireland's Regulatory Supervisory Outlook Report 2024 and accompanying Letter to the Minister for Finance were published on 29 February 2024.
Nigeria
Solola & Akpana
The Restrictive and Trade Practices Regulation, 2022 was established to provide a regulatory framework for the implementation of Part VIII and some aspects of Part XIV of the Federal Competition and Consumer Protection Act, 2018 ...
Solola & Akpana
On December 27, 2023, the Federal Competition and Consumer Protection Commission (the "Commission", "FCCPC") imposed a fine of $110 million...
Tope Adebayo LP
Money lending has long historical roots and inancial technology has enabled the recent rise of digital lending platforms. These digital platforms provide quick and easy access...
South Africa
ENS
The Rules Board for Courts of Law, approved by the Department of Justice and Constitutional Development, issued amendments to the rules regulating the conduct of the proceedings...
Turkey
Balcioglu Selçuk Ardiyok Keki Attorney Partnership
Additionally, it may be considered that the Regulation has the potential to disrupt the future development of the electric vehicle market in Turkey.
UK
Herbert Smith Freehills
On 27 March 2024 the UK Competition and Markets Authority (CMA) published an "open letter" to all businesses in the fashion retail sector highlighting the need to consider obligations...
Travers Smith LLP
After a software glitch incorrectly showed that a player had won £1 million in an online game, the Court of Appeal has ruled that former National Lottery operator Camelot...
Wiley Rein
Welcome to Wiley's update on recent developments and what's next in consumer protection at the Consumer Financial Protection Bureau and Federal Trade Commission.
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