LATEST ARTICLES
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
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)...
Osler, Hoskin & Harcourt LLP
The Québec National Assembly has adopted Bill 29, which introduces significant changes to the Québec Consumer Protection Act (QCPA). The main goals of Bill 29 are to prohibit...
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
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.
Malaysia
Chooi & Company
Electronic contracts have become an integral element in fostering smooth transactions in the contemporary landscape of business transactions.
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
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...
Solola & Akpana
The Abuse of Dominance Regulations 2022 was made by the Federal Competition and Consumer Protection Commission in exercise of its powers under sections 17, 18 and 163 ...
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...
United States
Steptoe LLP
On April 4, 2024, the Consumer Financial Protection Bureau issued a report titled Banking in Video Games and Virtual Worlds, showing its growing scrutiny of the gaming industry, particularly on the complex ecosystem of financial transactions occurring within online video games and virtual worlds.
Seyfarth Shaw LLP
On March 14, 2024, the Massachusetts House of Representatives passed legislation that would prohibit employers from obtaining or using a true credit report for employment purposes.
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