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  • Article

    Department Of Finance Sets Direction On Ireland's Distance Marketing Rules

    The Directive focuses on consumer financial services contracts concluded at a distance. It repeals Directive 2002/65/EC concerning the distance marketing of consumer financial services and amends the 2011 Consumer Rights Directive...
    IrelandFinance and Banking
    William Fry LLP
    William Fry LLP
  • Article

    Involved In Credit? You Will Need To Sign The Register!

    This Register is the first credit database to have a statutory footing.
    IrelandFinance and Banking
    Matheson
    Matheson
Article

Regulating Loan Owners: Proposed Amendments To The Credit Servicing Regulatory Regime

The sale of non-performing loan ("NPL") books by Irish banks has been the subject of intense political and media scrutiny for a number of years due to the perceived impact of the sales of such loan books on underlying borrowers, particularly consumer and small and medium enterprise ("SME") borrowers.
IrelandConsumer Protection
Walkers
Walkers
  • Article

    The Consumer Protection (Regulation Of Credit Servicing Firms) Act 2018

    The Consumer Protection (Regulation of Credit Servicing Firms) Act 2018 (the "2018 Act") is effective from 21st January, 2019.
    IrelandConsumer Protection
    Dillon Eustace
    Dillon Eustace
  • Article

    Consumer Credit (Amendment) Act 2022

    The Consumer Credit (Amendment) Act 2022 (the Amendment Act) amends the Consumer Credit Act 1995 (the CCA).
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    New Regime For Consumer Hire Purchase, PCP Finance And Point Of Sale Lending

    The Consumer Protection (Regulation of Retail Credit and Credit Servicing Firms) Bill 2021 (the "Bill") was published on 23 June 2021. Its enactment is expected later this year.
    IrelandFinance and Banking
    Maples Group
    Maples Group
  • Article

    Hire-Purchase, Consumer Hire, PCP And Buy-Now-Pay-Later: New Authorisation Framework

    Providers of hire purchase products (including personal contract plans) or consumer-hire products to consumers, and servicers of those products, now need to be authorised by the Central Bank of Ireland.
    IrelandConsumer Protection
    Arthur Cox
    Arthur Cox
  • Article

    Landmark Ruling: UK Supreme Court Clarifies Consumer Rights In Motor Finance Agreements

    On Friday 1 August, the UK Supreme Court handed down its judgment in three consolidated appeals on the receipt of commissions by motor dealers from lenders...
    European UnionFinance and Banking
    Arthur Cox
    Arthur Cox
  • Article

    Consumer Protection (Regulation Of Credit Servicing Firms) Act 2015

    The Consumer Protection (Regulation of Credit Servicing Firms) Act 2015 was introduced to ensure that consumers and SMEs whose loans have been sold to unregulated entities will continue to enjoy the same protections they enjoyed prior to the sale of their loan.
    IrelandConsumer Protection
    AMOSS Solicitors
    AMOSS Solicitors
  • Article

    Consumer Protection 2016 Priorities And Risks

    The Central Bank published its annual Consumer Protection - Outlook Report on 2 February 2016, setting out its consumer protection objectives for the year ahead, and key ongoing risks.
    IrelandConsumer Protection
    Arthur Cox
    Arthur Cox
  • Article

    Public Consultation – Consumer Protection On The Sale Of Loan Books

    The Department of Finance has published a consultation paper to discuss proposed draft legislation, the Consumer Protection on the Sale of Loan Books Bill 2014.
    IrelandFinance and Banking
    Dillon Eustace
    Dillon Eustace
  • Article

    FinTech 2022 - Trends & Developments

    Ireland's fintech sector is continuing to mature and evolve. This article sets out some of the key trends in the sector which we have observed in our financial regulation practice in recent times.
    IrelandTechnology
    Matheson
    Matheson
  • Article

    Central Bank Publishes Its 2014 Programme Of Themed Reviews And Inspections And 2014 Enforcement Priorities

    On 25 January 2014 the Central Bank published its Programme of Themed Reviews and Inspections for 2014 and its Enforcement Priorities in 2014.
    IrelandFinance and Banking
    Arthur Cox
    Arthur Cox
  • Article

    RegBrief, July/August 2015 Edition

    RegBrief (July/August 2015 edition) summarises key recent regulatory developments, in particular regarding AML, CSDR, CRD IV, EMIR, industry funding and the Payment Accounts Directive.
    IrelandFinance and Banking
    Arthur Cox
    Arthur Cox
  • Article

    EU Credit Servicing Directive – Amendment To Consumer Protection Code

    The Directive on Credit Servicers and Credit Purchasers (Directive (EU) 2021/2167Opens in new window, the "Credit Servicing Directive") applies to the sales and servicing of non-performing loans ("NPLs") issued by a credit institution established in the EU.
    European UnionConsumer Protection
    Matheson
    Matheson
  • Article

    The Consumer Protection (Regulation Of Credit Servicing Firms) Bill 2015

    On 14th January, 2015, the Irish government published the much anticipated bill in relation to the continuation of regulatory protection for borrowers following the sale of their loans from regulated to unregulated entities.
    IrelandConsumer Protection
    Dillon Eustace
    Dillon Eustace
  • Article

    Moneylending – New Central Bank Regulations

    The Central Bank of Ireland (CBI) has introduced The Central Bank (Supervision and Enforcement) Act 2013 (Section 48) (Licensed Moneylenders) Regulations 2020 (the Regulations). The Regulations which are applicable...
    IrelandConsumer Protection
    Dillon Eustace
    Dillon Eustace
  • Article

    Regulation Of Hire-Purchase, Consumer-Hire And PCP Finance – New Authorisation Regime Commenced

    The Consumer Protection (Regulation of Retail Credit and Credit Servicing Firms) Act 2022 (the "2022 Act") was commenced on 16 May 2022.
    IrelandFinance and Banking
    Walkers
    Walkers
  • Article

    NPL Update: Scope Of Credit Servicing Directive Agreed

    Political agreement has finally been reached on the scope of the proposed Directive on credit servicers
    European UnionFinance and Banking
    Arthur Cox
    Arthur Cox
  • Article

    Consumer Protection (Regulation Of Credit Servicing Firms) Bill, January 2015

    On 15 January 2015, the Department of Finance published the Consumer Protection (Regulation of Credit Servicing Firms) Bill (the Bill).
    IrelandFinance and Banking
    Arthur Cox
    Arthur Cox
  • Showing 21–40 of 45 results

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