White & Case partner and Global Co-head of the Firm’s Financial Institutions Industry Group & EMEA Co-head of the Financial Services M&A Practice, Hyder Jumabhoy, was recently quoted by Bloomberg about the Financial Conduct Authority’s new regulations impacting UK Buy-Now-Pay-Later providers, which requires enhanced affordability checks and financial support for borrowers. Hyder focused on the medium-term impact of the new regulations on consolidation M&A activity in the consumer finance vertical.
Hyder was also quoted by CityAM about the impact the new regulations will have on UK lenders, which will come into force in July 2026.
Read the full Bloomberg article here (paywall).
Read the full CityAM article here.
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Read the orginal article: https://www.whitecase.com/news/media/uk-will-step-regulation-buy-now-pay-later-providers-2026